Sexy Jihad

MSN Money reports what we all already know, namely that Google is worth a shitload :

Google stock tops $400, worth $117 billion
Investors clamor to buy the search engine’s stock because they believe it is revolutionizing advertising. How high can the shares go?

When Google (GOOG, news, msgs) went public last August at $85 a share, it was hot. Today, it is hotter still.

Google closed up $5.26 to $403.4, its first close above $400. Today’s jump was a big reason the Nasdaq Composite index jumped 32 points or 1.5% far today, a far better performance than either the Dow Jones industrials (up 45 points) or the Standard & Poor’s 500 Index up 11.6 points. Both gains are less than percentage point.

Google now has a market capitalization topping $117.6 billion — the 27th biggest among stocks traded in the United States and larger than networking giant Cisco Systems (CSCO, news, msgs), banking giant Wells Fargo (WFC, news, msgs) and Coca-Cola (KO, news, msgs). And twice as large as arch-rival Yahoo! (YHOO, news, msgs)

Holy shit, $117 billion! With this kind of net worth Microsoft’s days as Big Kahuna are numbered.

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