Google’s parent company, Alphabet, hit a new milestone on Friday: a $2 trillion market cap.
Google is now the world’s fourth most valuable public company, right behind Nvidia, Apple, and Microsoft, which has a market cap of just over $3 trillion and overtook Apple earlier this year for first place.
No, but a derivatives market that is apparently worth more than the world’s GDP times 100 really doesn’t make sense.
There is nuance between abolishing money and having Wall Street own every major company and selling parts of each many times over.