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Alphabet already passed Microsoft to become the third-largest company by market capitalization, and it’s closing in on Apple. After that, Nvidia would be next in its sights.
The dynamic has two sides. Alphabet’s stock
GOOG GOOGL has been charging higher on enthusiasm for the company’s strides in artificial intelligence. And Nvidia’s stock NVDA has fallen well off highs that translated to a $5 trillion valuation as recently as Nov. 3, according to Dow Jones Market Data.
