PMP Today

Google, Inc. and Apple, Inc. both registered their highest stock prices on Monday. AAPL jumped to $149.85, surpassing the previous high of $148.92 last July while GOOG clocked at $571.46. Google’s favorable showing at the stock market might have something to do with their bid to purchase online advertiser DoubleClick. If the European Union approves, Google will cement its dominance in online marketing. We don’t know if recent reports of the upcoming multimedia and WiFi-enabled GPhone had anything to do with Google being favored by investors. Apple and Google are both contenders for the 700MHz spectrum that will be auctioned by the FCC next year. Microsoft stocks also rose as “Halo 3″ approaches release.

[via businessweek]