Alphabet Surpasses Apple To Become The Most Valuable Company In The World

There’s been a major shift in the world of technology. Apple, which has been been the most valuable company in the world since 2010, has been dethroned. Alphabet smashed Wall Street estimates in its earning calls today, following which its stock rose 9% and was trading at a high of $770. That translates into a market capitalization of $570 billion, eclipsing Apple’s current market cap of about $535 billion.