business news in context, analysis with attitude

• Alphabet, parent company to Google, saw its stock price close above $1,000 per share yesterday - at $1,003.88 to be precise.

This was the second time in two trading days that a major tech company - the other was Amazon, last Friday - reached a closing price at that level.

The Los Angeles Times reports that "others in the elite group include home builder NVR Inc., pork producer and ocean transportation company Seaboard Corp. and Warren Buffett’s Berkshire Hathaway Inc."
KC's View: