August 28, 2014
Google's stock price has moved past the $700 mark for the first time today, boosted by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets.
At last check, the Mountain View-based company's shares were trading around $703.
It took less than a month for the stock to leap from $600 to $700, building upon a fervor that has lifted Google's market value by more than 30 percent since mid-September.
The recent rally has firmly established Google as Silicon Valley's most valuable publicly held company.
With a market value of nearly 220 billion dollars, Google also is now worth more than Warren Buffett's holding company, Berkshire Hathaway.