genai / news / / International Business Times
As of May 1, 2026, Alphabet Class A shares closed around $385.
Alphabet briefly overtook Apple in market capitalization for the first time since 2019.
KEY POINTS
- Google Cloud achieved 63 percent year-over-year growth in Q1, outpacing analyst expectations.
- Apple's overhauled Siri and core AI features are delayed until later in 2026.
- Apple depends on Google's Gemini models for on-device AI, highlighting lack of proprietary AI stack.
- Alphabet trades at a discount to its growth rate, while Apple's forward multiple is higher amid slower earnings growth.
COMPANIES
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