"Alphabet's share price rose nearly 10 percent after the company reported first-quarter revenue of $109.9 billion, a 22 percent increase year over year that beat analyst estimates by almost $3 billion."
"Google Cloud crossed $20 billion in quarterly revenue for the first time, growing 63 percent. The cloud backlog nearly doubled quarter on quarter to more than $460 billion."
"The gap between the two companies is now roughly $200 billion. Options traders are assigning approximately a 53 percent probability that Alphabet will touch $5 trillion before 15 May."
Alphabet's market capitalization exceeded $4.6 trillion following a 10% stock increase after reporting Q1 2026 earnings. Revenue reached $109.9 billion, a 22% year-over-year increase. Google Cloud revenue grew 63% to surpass $20 billion, with a backlog of over $460 billion. Earnings per share rose 81%, and search queries hit an all-time high. Nvidia's market cap is approximately $4.8 trillion, but the gap has narrowed to $200 billion. Options traders estimate a 53% chance Alphabet will become the most valuable company before mid-May.
Read at TNW | Google
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