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The five most valuable tech firms in the United States are now worth more than $5.2trillion after Google’s parent company became the latest giant to join the 13-figure club.
Google's parent company Alphabet became the fourth US company to be valued at $1trillion on Thursday.
Company - Share - Price - Day
The company's share price soared throughout the day and closed at $1,450 - its highest ever.
It follows in the footsteps of Apple, Microsoft and Amazon which all reached the milestone last year.
Amazon - Market - Capitalization - Apple - Microsoft
Amazon's market capitalization has retreated back down since then but both Apple and Microsoft remain valued at more than $1trillion.
Facebook, the fifth most valuable American tech firm, is worth $630.52billion.
Apple - Microsoft - Amazon - Alphabet - Google
Apple, Microsoft, Amazon, Alphabet, and Google account for 17 per cent of the total net worth of all companies listed on the S&P 500, according to CNBC.
The valuation marks a strong start to the year on Wall Street and is indicative of the unprecedented strong streak the markets have enjoyed over the last year.
Experts - Alphabet - Strength - Google
Experts say Alphabet's increased strength is solely due to to Google and how ubiquitous it has become.
'Google is one of those critical, important leaders in multiple areas.
Life - Things - Michael - Lippert - Opportunity
'You almost can’t live your life without Googling things,' Michael Lippert of the Opportunity Fund, told The Wall Street Journal.
'It’s really been a cash cow.
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'They’ve been steadily continuing to post 15% to 20%...
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