Investors poured into Alphabet after a US judge blocked the forced sale of its Chrome browser. The ruling ended a nearly five-year antitrust case and prevented Google’s breakup. Shares jumped more than 4% in Monday European trading, extending a 30% gain since January. The surge pushed Alphabet’s market value above $3 trillion (€2.55tr), placing it in a small elite group with Nvidia, Microsoft, and Apple. Nvidia leads at $4.2 trillion (€3.57tr), Microsoft follows at $3.8 trillion (€3.23tr), and Apple sits at $3.5 trillion (€3tr).
Court Protects Core Google Assets
The Department of Justice had demanded Alphabet sell Chrome and possibly Android due to competition concerns. Google’s search division generates over half of the company’s revenue, making the stakes enormous. The federal judge allowed Alphabet to retain both products but required it to share some data with competitors. Analysts praised the decision, saying it stabilized the company and reassured investors. The ruling preserved Alphabet’s most profitable units while ensuring limited transparency.
AI Sales Drive Growth
Alphabet posted 15% revenue growth in the second quarter, fueled by strong demand for artificial intelligence products. Analysts highlighted the impact of AI adoption on Google Cloud and advertising revenue. The growth demonstrates Alphabet’s technological leadership and reinforces investor confidence. Legal clarity, combined with robust sales, strengthened the company’s outlook. Markets now view Alphabet as one of the most resilient and valuable tech giants worldwide.
