Alphabet hits $3T market cap as Gemini overtakes ChatGPT (GOOG:NASDAQ)

Core Insights - Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has reached a market capitalization of $3 trillion, becoming the fourth U.S. company to achieve this milestone [2] - The company's shares increased by over 4% during late morning trading, resulting in a valuation of $3.05 trillion [2] Company Performance - The positive news flow surrounding Alphabet has contributed to its stock price increase and market cap growth [2] - The leadership of Sundar Pichai is highlighted as a factor in the company's continued success [2]