The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Matt Argersinger dissect the hardest-hitting investing stories of the day.

Shares of Google (GOOGL -1.23%) hit an all-time high on Wednesday. The tech giant now has a market cap of around $300 billion, trailing only Apple and ExxonMobil. Google CEO Larry Page has presided over the stock's recent run-up, and on Tuesday, he disclosed that he has been diagnosed with vocal-cord paralysis. He says the condition has weakened his voice but has not affected his day-to-day management of the company. In this installment of Investor Beat, our analysts explain what it means for investors.

The relevant video segment can be found between 0:18 and 2:22.