Google Inc. (GOOG) is preparing to launch a subscription-based streaming music service that will be similar to that of Spotify AB.
Google gapped up and rose sharply during the first half hour of trade. The stock took out the session highs going into the close and finished up by 28.79 at $915.89 on above average volume. Google has been climbing for nearly a month and set a new all-time high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.