Alphabet owns Google and became one of the first businesses to exceed a $1 trillion market capitalization.
Alphabet was created in 2015 through a corporate restructuring that placed Google and several “Other Bets” under a new parent company. Google remains its largest business, generating revenue primarily from advertising, cloud services, subscriptions, and consumer hardware.
Alphabet passed the $1 trillion valuation threshold in January 2020. The milestone reflected investor confidence in Google’s dominant internet search business and the growth potential of Google Cloud and other technology ventures.
Alphabet and Google are often treated as interchangeable in everyday conversation, but they are not identical corporate entities. Google is a subsidiary, while Alphabet is the publicly traded parent company whose shares determine the group’s market capitalization.