Alphabet Inc (GOOG)

[SeriousMoney]

Google leads Net sector higher
By John Shinal, MarketWatch
Last Update: 11:00 AM ET Dec. 19, 2005

SAN FRANCISCO (MarketWatch) -- Google Inc. shares rose more than 2% to a new record Monday on optimism the Internet search leader will put a dent in the Web plans of rival Microsoft Corp. by signing a new partnership deal with Time Warner's AOL unit.

GOOG gained more than $10 to trade above $440 a share after AOL reportedly ended talks aimed at forging an advertising partnership with Microsoft in favor of expanding its existing relationship with Google. See full story.

Google's shares also entered the Nasdaq 100 index effective with the start of Monday's trading. See Market Snapshot.

YHOO, which competes with both Microsoft's MSN unit and Google in the market for paid-search advertising, also rose, gaining 51 cents to $42.83.

Most other Net stocks also gained ground, with both the Dow Jones Internet Index...

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...