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Alphabet nears Nvidia as world's most valuable company with $4.635T market cap after strong Q1 earnings.

Company Fundamentals
02 May 2026
Finbold
View Source
Bullish
pluang ai news

Alphabet is closing the gap with Nvidia to become the world's most valuable public company, with a market cap of $4.635 trillion versus Nvidia's $4.823 trillion. Alphabet's stock surged over 20% year-to-date, driven by better-than-expected Q1 2026 earnings, including a 22% revenue increase and a 63% jump in Google Cloud revenue. The company's AI integration across products and expansion of Waymo are key growth drivers, contrasting Nvidia's hardware-focused AI chip dominance. Analysts are optimistic about Alphabet's diversified AI strategy, large cloud backlog, and strong digital advertising, raising price targets following the earnings report.

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