Googles parent company has hit a stock market value of $2tn £1.6tn as investors reacted to a declaration of its first ever dividend alongside strong results on Thursday. Shares in Alphabet rose 10% in early Wall Street trading on Friday to give the tech group a stock market capitalisation – a measure of a corporations value – of more than $2tn. Alphabet last hit that level in intraday trading in 2021, but has yet to close above that benchmark after a days trading. Alphabets shares rose after
