Google’s parent company Alphabet briefly became the most valuable company in the world on Thursday during trading hours, displacing Apple who previously held the title. Though Apple did close with a higher market value, this change up can be attributed to the iPhone-maker posting its slowest growth this quarter since 2007 as a result of declining phone sales. Shake Shack reported its first quarter results after the market closed on Thursday and topped analysts’ expectations across the board. The company reported earnings per share of .08 cents and stated that its revenues had increased 43% from a year ago to a total revenue of more than $54 million dollars. “The recent launch of the Chick’n Shack at all domestic company-operated locations has driven traffic growth and created an entirely new way our guests can enjoy the Shack,” said CEO Randy Garutti in a statement. “During the quarter, we opened three domestic company-operated Shacks including our first Shack in California in the heart of West Hollywood, which has been one of the strongest openings in our 12-year history.”