Google’s share price goes through the roof

GoogleShares of Google rose to $696 each on Wall Street today after it turned in results showing it was making good progress in revenues from smartphone adverts.

The share rise means that its value has soared to around $465 billion.

Some financial analysts on Wall Street have become very excited by its future with some predicting it could rise as high as $800 a share in the future.

Apple is valued at around $750 billion.

The better than expected results had an overall positive effect on the NASDAQ composute index.

Facebook shares also rose during the day but semiconductor firms Intel and AMD both lost ground.

At press time GOOGL stock stood at $693.75.