Alphabet, the parent company of Google is set to take Apple’s crown away for being the most valuable company. The tech company announced outstanding results with a market value roughly $US558 billion with Apple following closely behind at $US534 billion.
The likely overtaking is strongly due to their core advertising business and various projects including self-driving cars and artificial intelligence.
While it technically reflects an indication, when the US market opens tomorrow it will be revealed whether Alphabet will officially claim the lead.
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