By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

GadgetBond

  • Latest
  • How-to
  • Tech
    • AI
    • Amazon
    • Apple
    • CES
    • Computing
    • Creators
    • Google
    • Meta
    • Microsoft
    • Mobile
    • Samsung
    • Security
    • Xbox
  • Transportation
    • Audi
    • BMW
    • Cadillac
    • E-Bike
    • Ferrari
    • Ford
    • Honda Prelude
    • Lamborghini
    • McLaren W1
    • Mercedes
    • Porsche
    • Rivian
    • Tesla
  • Culture
    • Apple TV
    • Disney
    • Gaming
    • Hulu
    • Marvel
    • HBO Max
    • Netflix
    • Paramount
    • SHOWTIME
    • Star Wars
    • Streaming
Add GadgetBond as a preferred source to see more of our stories on Google.
Font ResizerAa
GadgetBondGadgetBond
  • Latest
  • Tech
  • AI
  • Deals
  • How-to
  • Apps
  • Mobile
  • Gaming
  • Streaming
  • Transportation
Search
  • Latest
  • Deals
  • How-to
  • Tech
    • Amazon
    • Apple
    • CES
    • Computing
    • Creators
    • Google
    • Meta
    • Microsoft
    • Mobile
    • Samsung
    • Security
    • Xbox
  • AI
    • Anthropic
    • ChatGPT
    • ChatGPT Atlas
    • Gemini AI (formerly Bard)
    • Google DeepMind
    • Grok AI
    • Meta AI
    • Microsoft Copilot
    • OpenAI
    • Perplexity
    • xAI
  • Transportation
    • Audi
    • BMW
    • Cadillac
    • E-Bike
    • Ferrari
    • Ford
    • Honda Prelude
    • Lamborghini
    • McLaren W1
    • Mercedes
    • Porsche
    • Rivian
    • Tesla
  • Culture
    • Apple TV
    • Disney
    • Gaming
    • Hulu
    • Marvel
    • HBO Max
    • Netflix
    • Paramount
    • SHOWTIME
    • Star Wars
    • Streaming
Follow US
BusinessGoogleTech

Bloomberg: Alphabet hit $2 Trillion in market value for the first time

By
Shubham Sawarkar
Shubham Sawarkar's avatar
ByShubham Sawarkar
Editor-in-Chief
I’m a tech enthusiast who loves exploring gadgets, trends, and innovations. With certifications in CISCO Routing & Switching and Windows Server Administration, I bring a sharp...
Follow:
- Editor-in-Chief
Nov 9, 2021, 11:02 PM EST
Share
We may get a commission from retail offers. Learn more
Bloomberg: Alphabet hit $2 Trillion in market value for the first time
Photo by Mitchell Luo on Unsplash
SHARE

Alphabet Inc., Google‘s parent company reached a market valuation of $2 trillion on Monday. According to Bloomberg, the tech giant has been “the top performer this year among the five major U.S. tech stocks by sales,” owing mostly to its cloud and advertising operations. According to Reuters, Google’s advertising revenue increased by 41% in the most recent quarter, while Google Cloud’s revenue increased by 45%. Alphabet joins Apple and Microsoft (LinkedIn’s parent company) in reaching this milestone.

Google sells more internet ads than any other company, thanks to its search engine, YouTube video service, and partnerships across the Web. Demand for its services has increased in the last year as the pandemic has driven people to spend more time online, and their new habits have stuck.

“The consumer shift to digital is real and will continue even as we start seeing people return to stores,” said Philipp Schindler, Google’s chief business officer. “The underlying takeaway is that people want more choice, they want more information, more flexibility, and we don’t see this reversing.”

Consumers are concerned about how Google and other companies utilize their surfing habits to profile them and then choose which advertisements to show them. In the most recent challenge, Apple Inc (AAPL), whose iPhones account for half of all smartphones in the United States, has given its consumers more control over the last few months to discontinue monitoring. The adjustment caused advertisers to rebalance their spending, which Google competitors Snap and Facebook claimed damaged their third-quarter revenue.

Apple’s efforts had a “modest impact” on YouTube ad sales, according to Alphabet’s chief financial officer, Ruth Porat. Analysts said Google was less harmed than the competition since its search engine collects data on user interests that marketers value and is unrivaled in the industry.

“They are almost completely immune to Apple’s changes,” said Collin Colburn, an analyst at tech consultancy Forrester.

Other companies saw slowdowns as advertising slashed spending as they fought to staff up and keep shelves stocked in the face of recruiting and supply-chain challenges caused by the pandemic. According to Schindler, supply-chain issues impacted mainly Google’s sales of automotive ads.


Discover more from GadgetBond

Subscribe to get the latest posts sent to your email.

Leave a Comment

Leave a ReplyCancel reply

Most Popular

DJI’s FC200 and T200 drones push industrial delivery and agriculture into the 200kg era

DJI Osmo Mobile 8P debuts with detachable remote and smarter tracking

ChatGPT for Clinicians is now free for verified US doctors

OpenAI Privacy Filter brings open-weight PII redaction to everyone

Opera GX Playground bundles panic button, Fake My History and Grass Touching Corner

Also Read
Outdoor close-up of an Amazon Project Kuiper low Earth orbit satellite internet terminal mounted on a stand overlooking a golf course. The flat rectangular antenna dish is positioned against a background of green fairways, tall trees, and a clear blue sky, representing Amazon’s Leo satellite internet connectivity for the DP World Tour.

DP World Tour adds Amazon Leo for live event connectivity

Dramatic promotional artwork of a hooded pirate assassin from Assassin’s Creed Black Flag Resynced holding a curved sword and an ornate flintlock pistol. Flames surround him in a circular blaze, with a burning pirate flag featuring a skull emblem in the background. The dark, fiery setting highlights the intense pirate combat and action-adventure theme of the game.

Assassin’s Creed Black Flag Resynced preorders are now live

Promotional artwork for Assassin’s Creed Black Flag Resynced showing a hooded pirate assassin standing on a ship deck with a curved sword in one hand and a flintlock pistol in the other. Pirate crew members, ship rigging, and a large sailing ship appear in the background under a bright blue sky. The title “Assassin’s Creed Black Flag Resynced” is displayed prominently at the top, emphasizing the action-adventure pirate setting.

Ubisoft announces Assassin’s Creed Black Flag Resynced for July 9

Screenshot of Microsoft PowerPoint with the Copilot side panel open beside a presentation titled “Monthly Operations Report.” The Copilot panel shows “Allow editing” selected, letting Copilot directly edit the presentation, with an alternative “Chat only” mode available. Suggested actions include creating a presentation, adding a slide, or creating a branded presentation, demonstrating AI-assisted presentation editing.

Microsoft adds agentic Copilot to Word, Excel, and PowerPoint

Windows 11 logo with white Windows icon and ‘Windows 11’ text on a solid blue background.

Windows Insider starts moving users to Experimental and Beta

Password Illustration

Microsoft finally adds passkey sync to its built-in password manager

Perplexity illustration. Abstract illustration of a transparent glass cube refracting beams of light into rainbow-like streaks across a dark, textured surface, symbolizing clarity, synthesis, and the convergence of multiple perspectives.

GPT-5.5 is now on Perplexity – but only for Max subscribers

Stylish living room featuring the Amazon Ember Artline lifestyle TV mounted above a white marble fireplace. The TV displays a framed landscape artwork of rolling green hills with orange flowers under a blue sky, blending in like wall art. The room includes a mustard yellow sofa with decorative pillows, wooden lounge chairs, warm wall sconces, books, and modern decor, creating a cozy upscale interior design.

Amazon Ember Artline is now available in the US, starting at $899

Company Info
  • Homepage
  • Support my work
  • Latest stories
  • Company updates
  • GDB Recommends
  • Daily newsletters
  • About us
  • Contact us
  • Write for us
  • Editorial guidelines
Legal
  • Privacy Policy
  • Cookies Policy
  • Terms & Conditions
  • DMCA
  • Disclaimer
  • Accessibility Policy
  • Security Policy
  • Do Not Sell or Share My Personal Information
Socials
Follow US

Disclosure: We love the products we feature and hope you’ll love them too. If you purchase through a link on our site, we may receive compensation at no additional cost to you. Read our ethics statement. Please note that pricing and availability are subject to change.

Copyright © 2026 GadgetBond. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | Do Not Sell/Share My Personal Information.