Google’s parent company went through a reckoning last year at the hands of CFO Ruth Porat, who brought transparency and rigor to the search giant’s signature sprawl. Though much was made of the fate of the company’s so-called moonshots, the moves revealed the surprising strength of Alphabet’s ad-based businesses (including YouTube) and hinted at future major moneymakers, among them the cloud-computing division, an effort led by VMware cofounder Diane Greene and fueled by hundreds of new hires. Meanwhile the tech titan is investing aggressively in artificial intelligence. Alphabet’s market value of nearly $700 billion is second only to Apple’s.
Internet Services and Retailing
Mountain View, Calif.
|Revenues ($M) (Past 12 Months)||$99,275|
|Profits ($M) (Past 12 Months)||$19,344|
|Market Value as of Oct. 9, 2017 ($M)||$682,227|