Investors rushed to buy Alphabet shares after a US judge blocked a forced Chrome sale. The ruling ended a five-year antitrust battle and protected Google’s core businesses. Shares climbed more than 4% Monday in Europe, extending gains over 30% since January. Alphabet now joins the elite $3 trillion club alongside Nvidia, Microsoft, and Apple. Nvidia leads at $4.2 trillion (€3.57tr), Microsoft follows at $3.8 trillion (€3.23tr), and Apple ranks at $3.5 trillion (€3tr).
Judge Allows Google to Keep Core Assets
The Department of Justice had demanded Alphabet sell Chrome and possibly Android due to competition concerns. Google’s search division generates more than half of Alphabet’s revenue. A federal judge ruled Alphabet can retain Chrome and Android but must share key data with competitors. Analysts say the ruling stabilizes Alphabet’s business and reassures investors about its growth potential.
AI Drives Strong Revenue Growth
Alphabet’s second-quarter earnings showed a 15% revenue increase, surpassing expectations. Rising demand for artificial intelligence products boosted sales in cloud and advertising services. Analysts highlight that AI adoption strengthens Alphabet’s market position and long-term profitability. The combination of legal clarity and revenue growth cements investor confidence in Alphabet’s future.
