{"id":53156,"date":"2025-09-15T16:38:51","date_gmt":"2025-09-15T20:38:51","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/tech-giants-soar-google-hits-3-trillion-as-nasdaq-extends-rally\/53156\/"},"modified":"2025-09-15T16:38:51","modified_gmt":"2025-09-15T20:38:51","slug":"tech-giants-soar-google-hits-3-trillion-as-nasdaq-extends-rally","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-giants-soar-google-hits-3-trillion-as-nasdaq-extends-rally\/53156\/","title":{"rendered":"Tech Giants Soar: Google Hits $3 Trillion as Nasdaq Extends Rally"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Alphabet (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>, <a href=\"\/stock\/GOOG\">GOOG<\/a>)<\/strong> achieved a significant milestone, reaching a <strong>$3 trillion market capitalization<\/strong>.<\/li>\n<li>The <strong>Nasdaq 100<\/strong> extended its impressive rally to a <strong>ninth consecutive session<\/strong>, marking its longest winning streak since <strong>2023<\/strong>.<\/li>\n<li>The <strong>U.S. Securities and Exchange Commission (SEC)<\/strong> and <strong>Gemini Trust<\/strong> have reached an agreement in principle to settle their lawsuit over an unregistered crypto lending program.<\/li>\n<li>Major U.S. stock indices closed higher, with the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a><\/strong> up <strong>0.46%<\/strong> at <strong>6,614.76<\/strong>, the <strong>Nasdaq Composite<\/strong> gaining <strong>0.90%<\/strong> to <strong>22,340.77<\/strong>, and the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/strong> rising <strong>0.11%<\/strong> to <strong>45,884.25<\/strong>.<\/li>\n<li><strong>New York State<\/strong> is facing potential revenue challenges from the new federal tax law and may need to decouple its tax code to mitigate the impact.<\/li>\n<\/ul>\n<p>In a landmark achievement for the technology sector, search giant <strong>Alphabet (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>, <a href=\"\/stock\/GOOG\">GOOG<\/a>)<\/strong> has officially surpassed a <strong>$3 trillion market capitalization<\/strong>. This milestone underscores the continued robust performance and investor confidence in leading tech companies.<\/p>\n<p>The broader market also displayed strong momentum, with the <strong>Nasdaq 100<\/strong> extending its rally to an <em>impressive ninth straight session<\/em>, marking its longest winning streak since <strong>2023<\/strong>. This sustained upward trend highlights a bullish sentiment, particularly in technology and growth stocks. The <strong>Nasdaq Composite (<a href=\"\/stock\/IXIC\">IXIC<\/a>)<\/strong> closed up <strong>199.67 points<\/strong>, or <strong>0.90%<\/strong>, at <strong>22,340.77<\/strong>.<\/p>\n<p>Other key indices also posted gains, contributing to a positive trading day. The <strong>S&amp;P 500 (<a href=\"\/stock\/SPX\">SPX<\/a>)<\/strong> advanced by <strong>30.47 points<\/strong>, or <strong>0.46%<\/strong>, to close at <strong>6,614.76<\/strong>. Meanwhile, the <strong>Dow Jones Industrial Average (<a href=\"\/stock\/DJI\">DJI<\/a>)<\/strong> finished up <strong>50.03 points<\/strong>, or <strong>0.11%<\/strong>, settling at <strong>45,884.25<\/strong>. These gains reflect a broad-based market strength.<\/p>\n<p>In the cryptocurrency space, a significant regulatory development emerged as the <strong>U.S. Securities and Exchange Commission (SEC)<\/strong> and <strong>Gemini Trust<\/strong> announced an agreement in principle to settle their ongoing lawsuit. The dispute centered on Gemini&#39;s unregistered crypto lending program, Gemini Earn. This resolution comes amidst a broader shift in the SEC&#39;s approach to cryptocurrency regulation, particularly under the current administration. Both parties have requested a 60-day pause in the legal proceedings to finalize the potential resolution.<\/p>\n<p>On the fiscal front, <strong>New York State<\/strong> is bracing for potential revenue shortfalls due to the new federal tax law. According to a report from the State Comptroller, the state&#39;s revenue could be impacted as early as next year unless it takes action to decouple its tax code from federal law. This highlights ongoing challenges for states in navigating the implications of federal tax policy changes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Alphabet (GOOGL, GOOG) achieved a significant milestone, reaching a $3 trillion market capitalization. The Nasdaq 100 extended its [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4555,80,4672,95,1876,5308,1877,6381,3016,6544,3768,8420,3778,10619,3788,4345,4350],"class_list":["post-53156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-cryptocurrency","tag-goog","tag-google","tag-nasdaq","tag-sp-500","tag-sec","tag-spx","tag-alphabet","tag-dji","tag-market-rally","tag-googl","tag-market-cap","tag-ndx","tag-gemini","tag-ixic","tag-tech-stocks","tag-dow-jones"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/53156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=53156"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/53156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=53156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=53156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=53156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}