Alphabet Just Passed Apple As The Market's Most Valuable Company

Alphabet Inc GOOG GOOGL just passed Apple Inc. AAPL as the most valuable company, with a market reaching nearly $570 billion during Monday's after-hours session. Alphabet reported a huge Q4 earnings beat of $8.67; consensus estimate called for earnings of $8.10 per share. The company also beat on revenue, coming in at $21.34 billion versus $20.76 billion estimates. Alphabet shares traded recently at $813.58, up 5.4 percent after closing the day at $770. Benzinga conducted a Twitter poll on Monday afternoon asking users which company they liked best, Apple or Google. Out of 114 votes, Alphabet's Google came out on top with 69 percent of the votes.

Alphabet $GOOG $GOOGL will report after the close & could soon surpass $AAPL in market cap. Who do you like best?

— Benzinga.com (@Benzinga) February 1, 2016

Stay tuned to Benzinga for more coverage of Alphabet's earnings release.