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Alphabet (NASDAQ:GOOG) is on track to potentially join the exclusive $4 trillion market-cap club on Tuesday, with the Google parent’s shares climbing more than 4% in premarket trading.
The sharp premarket move puts the tech giant within striking distance of the milestone as soon as the opening bell.
The company’s rapid ascent reflects a year-long surge in its stock price, fueled by intensifying momentum around Alphabet’s artificial intelligence initiatives — most notably its Gemini model family — which have strengthened investor confidence in its long-term growth trajectory.
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Amazon (NASDAQ:AMZN) is reportedly preparing to broaden its U.S. delivery infrastructure and unwind its long-running partnership with the U.S. Postal Service, according to a report from The Washington Post on Thursday. The newspaper, citing three individuals familiar with the discussions, said the e-commerce giant is moving toward handling a larger share of its own last-mile […]
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