Amazon and Alphabet Race to Join the $1,000 Club

Two tech giants are in a heated race to join the $1,000 club after strong earnings reports boosted their shares.

The e-commerce company climbed as much as 3.4% to hit an all-time high of $949.59 Friday. Google parent Alphabet class A shares rose as much as 5%, to a fresh intraday peak of $935.90.

Source: Wall Street Journal