Investors surged after a US judge blocked the forced sale of Google’s Chrome browser. The ruling preserved Alphabet’s core businesses and ended a nearly five-year antitrust battle. Shares jumped more than 4% in Monday trading, pushing Alphabet’s market value past $3 trillion (€2.55tr). The gain places Alphabet in an elite club of tech giants alongside Nvidia ($4.2tr/€3.57tr), Microsoft ($3.8tr/€3.23tr), and Apple ($3.5tr/€3tr).
Court Shields Google’s Chrome and Android
The Department of Justice had demanded that Alphabet sell Chrome and possibly Android over competition concerns. Google’s search division generates over half of the company’s revenue. The judge ruled Alphabet can retain both Chrome and Android but must share certain data with competitors. Analysts praised the ruling for protecting Alphabet’s most profitable assets while ensuring market transparency. Investors immediately reacted, seeing legal clarity as a catalyst for long-term growth.
AI Drives Revenue Growth
Alphabet reported 15% revenue growth in the second quarter, exceeding expectations. Strong demand for artificial intelligence products fueled sales across advertising and cloud platforms. Analysts noted AI adoption strengthens Google’s market position and reassures investors about future profitability. The combination of legal victory and robust earnings reinforced confidence in Alphabet’s performance. Shares have risen more than 30% since January, reflecting optimism about the company’s expanding influence in AI and digital services.
