📈 Alphabet and Amazon’s $2 Trillion Milestone in 2024

Alphabet (Google) and Amazon have long competed for market capitalization dominance, with Alphabet leading until 2018. Since then, their valuations have closely mirrored each other, reflecting their shared influence in the global tech industry. In Q2 2024, both companies surpassed the $2 trillion mark, cementing their status among the world’s most valuable companies. By December 21, 2024, Alphabet reached $2.33 trillion and Amazon $2.31 trillion in market capitalization. Notably, Alphabet's valuation grew by 33% in 2024, while Amazon surged by 47%, showcasing their unparalleled momentum in the tech sector.