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Alphabet Leads S&P 500 Gains With $1.3 Trillion Market Cap Increase

Alphabet Leads S&P 500 Gains With $1.3 Trillion Market Cap Increase

Alphabet contributed nearly one-fifth of the S&P 500’s year-to-date growth, surpassing Nvidia in total market capitalization added.

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Terms & Concepts
  • S&P 500: A stock market index tracking the performance of 500 large companies listed on U.S. exchanges.
  • Market Capitalization: The total value of a company’s outstanding shares, calculated by multiplying share price by total shares.
  • YTD (Year-to-Date): A period starting from the beginning of the current year to the present date.