Alphabet Surpasses Apple in Market Cap as Google Cloud and Gemini AI Drive $4.1T Valuation; Estée Lauder Upgraded on Asia Growth; Torq Ltd. Raises $140M in Series C
TL;DR
* Alphabet’s market cap surpasses $3.97 trillion as Google Cloud grows 33–34% YoY and Gemini AI drives re-rating amid rising AI infrastructure demand
* Torq Ltd. raises $140M in Series C funding at $1.2B valuation, expanding AI-driven security hyperautomation platform with enterprise clients including PepsiCo and