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In our daily stock market today outlook Money Morning economist Garrett Baldwin, explained,
Shares of Google have soared by 66% since January 2013 to a market cap of $393 billion, while Exxon has crawled along at 5% during the same period to a $391 billion market cap. (Read the full article here)
Both companies trail Apple Inc. (Nasdaq: AAPL), which has a market capitalization of $463.55 billion.
Here's Where Google (Nasdaq: GOOG) Stands
Google (Nasdaq: GOOG)
Google's market value will continue to grow, and as android phones and tablets steal market share from Apple, it would be no wonder if Google soon surpassed Apple in the race to be the biggest U.S. Company.
Source: Yahoo Finance – Top Institutional Holders of Nasdaq: GOOG Stock
Expert Commentary: Michael Robinson, Defense and Tech Specialist
Why Google (Nasdaq: GOOG) Bought Nest
Google Inc. (Nasdaq: GOOG) announced Tuesday that it would be purchasing Nest Labs for $3.2 billion. Nest is known for developing Internet-connected, or "smart," thermostats and smoke detectors.
GOOG stock currently trades just north of $1,140, and has posted a gain of more than 30% in the past three months. Will adding everyday products like Nest's thermostats to its portfolio make a difference for investors?
Money Morning's Defense & Tech Specialist Michael Robinson appeared on FOX Business' "Varney & Co." today (Tuesday) to answer this question. He also gave investors his forecast for Google stock. Click here to watch the video.
Google (Nasdaq: GOOG) Earnings Miss: Why Shareholders Shouldn't Fret
Google Inc. (Nasdaq: GOOG) stock was mostly flat in after-hours trading after reporting Q4 earnings per share (EPS) of $12.01 on revenue of $16.86 billion. Analysts had projected EPS of $12.19 on revenue of $16.76 billion.
Google (Nasdaq: GOOG) Stock Slumps – But Outlook Still Bright
Thursday after the close, Google's posted Q2 profit of $9.71 billion, or $9.54 a share, up 19% from $8.54 billion, or $8.42 a share, in the same quarter a year earlier. Revenue rose to $11.1 billion from $9.61 billion.
Read more stories about Google.
Join the conversation on Twitter on #Google market value in 2014, and be sure to follow @MoneyMorning.
Amazon.com Inc. (Nasdaq: AMZN) stock has dropped 10% today (Friday) prompting the Nasdaq to implement a short-sale restriction on the stock.
The short-sale restriction is triggered when a stock falls 10% in one trading session from the previous session's closing price. The restriction aims to prevent share-price manipulation by short sellers.