RUMOR MILL
Tuesday, February 2, 2016
ALPABET SURPASSES APPLE IN VALUE
Google parent company Alphabet yesterday overtook Apple as the most valuable publicly traded company in the world with a market cap just south of $565 billion, according to The Wall Street Journal. Apple’s cap is $539 billion. The upward move occurred in after-hours trading following a better-than-expected earnings report.
While Alphabet is now the biggest company by full market value, the market cap for shares traded on the S&P 500 is $483 billion, 10% below Apple’s $539 billion.
Alphabet is the 12th company to become the S&P 500’s most valuable company, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. Other companies that have held the crown include Exxon Mobil, IBM and Microsoft.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
