By Matthew Gutierrez and Shawn O’Malley
How does Alphabet — aka Google — make money? Today’s chart provides an answer.
The search giant launched in September 1998 in Silicon Valley, weathering the dot-com bubble burst and leaving Yahoo in the dust on its ascent to becoming the world’s fourth-largest company by market cap ($1.8 trillion).
Hey, got a question? Just Google it.
— Matthew & Shawn
Here’s today’s rundown:
Today, we'll discuss the three biggest stories in markets:
The reasons groceries have stayed expensive
Why JPMorgan is doubling down on brick-and-mortar
The best-performing U.S. cities
All this, and more, in just 5 minutes to read.
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POP QUIZ
College financial aid applications are falling fast. How much did they decline year-over-year in January? (The answer is at the bottom of this newsletter!)
Chart of the Day
