Alphabet hits a milestone as it closes in on Nvidia

alphabet added $421 billion to its market cap in a single session — a record for the company. the jump came after earnings showed massive cloud growth and continued ai momentum. shares surged, putting alphabet within striking distance of nvidia's market value. the cloud business was the standout. google cloud revenue beat estimates, and management said ai investments were starting to pay off. the stock's rally added more value in one day than most companies are worth.