All the sessions from Transform 2021 are available on-demand now. Watch now.


Google’s solid earnings yesterday are helping it reach a new, exclusive, stock milestone.

On Friday morning, the company’s stock hit $1,000 for the first time, making it one of the few companies to reach that point. With the milestone, Google joins companies like Priceline, which hit the mark earlier this year, as well as Berkshire Hathaway and agribusiness company Seaboard.

The move is a significant one for Google’s stock, which has been hovering around $900 for the past year.

On Thursday, Google reported third quarter revenues of $14.9 billion, a 36 percent increase over the same quarter last year. Much of that increase came from Google’s ad business, which is doing well despite the fact that advertisers are paying less for clicks than they have previously.

google-1000

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member