Google owner heading towards US$2trn as tech tear continues

Google owner Alphabet was set for a steady start when dealings get underway after shares in the search engine giant hit a new record high overnight. Valued now at US$1.91 trillion, shares in the group were tipped to ease slightly in first dealings after closing overnight at US$153.65. Alphabet is not the only one of the “Magnificent Seven” tech stocks to be sitting at or close to all-time highs as investors have poured money into the sector since the start of  2024 on hopes that AI-based innovation will dri ...