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Home World Business

Alphabet becomes most valuable company with $543b assets

byCT Report
02/02/2016
in World Business
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NEW YORK: Alphabet, the parent firm for Google, become the world’s most valuable company Tuesday as a jump in its share price helped it vault past tech rival Apple.

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In opening trade following a robust earnings report, Alphabet shares rose 2.9 percent to lift its market capitalisation to $543 billion while Apple’s value declined to $530 billion with a modest dip in trading.

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