Welcome!

@CloudExpo Authors: Elizabeth White, Yeshim Deniz, Liz McMillan, Pat Romanski, Zakia Bouachraoui

Related Topics: Microservices Expo, Cognitive Computing , Agile Computing, Release Management , @CloudExpo, @DXWorldExpo

Microservices Expo: Article

Google: First Tech Stock to Pass $800

It took Google five years to go from $700 to $800 nowhere like the spectacular rollercoaster ride Apple’s been on

Google Tuesday became the first high-tech stock ever to hit $800 a share, joining an exclusive club inhabited by only three other companies including Berkshire Hathaway, whose Class A stock sells for $151,000 and change.

Why exactly Google's enjoying this all-time high right now is unclear unless the currently upbeat punters just need an Apple replacement and Google feels a safe bet.

The company hasn't figured out how to monetize its huge Android presence and for some reason or another it's reportedly thinking about opening its own retail stores to peddle Google-branded hardware like Chromebooks and Nexus Tablets, maybe Google TV and so-called Google Glass spectacles, which are expected to sell at a premium.

It could of course represent all Android widgets but only selling Motorola-ware could alienate the Android contingent.

Google's also facing coordinated "repressive action" over its privacy policies by local European regulators according to the Wall Street Journal.

It took Google five years to go from $700 to $800 nowhere like the spectacular rollercoaster ride Apple's been on.

Google CEO Larry Page, who took over from Eric Schmidt in 2011 and whose elevation was met with a certain amount of wariness, must feel gratified to see his stock hit $804.50 an hour before the market closed.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


CloudEXPO Stories
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value extensible storage infrastructure has in accelerating software development activities, improve code quality, reveal multiple deployment options through automated testing, and support continuous integration efforts. All this will be described using tools common in DevOps organizations.