Alphabet Earnings Rally Could Catapult It Into the Market Value Lead
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Alphabet Inc. could be one good earnings report away from becoming the world’s most valuable company.
Options set to expire on Friday are pricing in an implied move of 4.5 percent when the Google parent reports fourth-quarter earnings after markets close on Monday. That would vault Alphabet past Microsoft Corp., the current leader with a market value of $811 billion, according to Bloomberg data. Alphabet had a market value of $789.9 billion, as of 3:12 p.m. in New York.