The market value of Google's parent company Alphabet surpassed Apple for the first time, aiming to be the world's largest market value
In December 2025, the market capitalization of Google's parent company Alphabet reached $3.88 trillion, surpassing Apple's $3.84 trillion for the first time, marking the first reversal of the market capitalization ranking since 2019. Google's market value surpassed Apple's after seven years, triggering the differentiation of U.S. technology stocks. Financial stocks and defense stocks were under pressure, and the Dow fell 466 points. Google's stock price soared 65%, launching the seventh-generation TPU chip and Gemini 3 AI, promoting the growth of cloud business and accelerating the layout of AI ecosystem. Apple's AI investment is conservative, growth is weak, and its rating has been downgraded. The market is concerned about the market value gap between Google and Nvidia and their future development potential. Google is launching an impact on the world's number one market value.