Google soared past Microsoft in terms of market value Monday to become the second-richest firm in the tech world behind Apple. Google shares gained 0.96 percent to end at $761.78, giving the Internet giant a market capitalization of $249.1 billion. Microsoft meanwhile fell 0.91 percent to $29.49, translating into a market worth of $247.2 billion.
Both remained well behind Apple, which shed 1.16 percent to $659.39, meaning its market cap is just above $618 billion.
Google’s stock price has climbed steadily this year as the California-based company bolstered its positions in key Internet growth areas with its dominant search engine, Android mobile operating system and YouTube video venue.