Investors flocked to Alphabet after a US court blocked a forced Chrome browser sale. The ruling ended a nearly five-year antitrust dispute, preserving Google’s key businesses. Shares climbed over 4% in European trading, extending gains above 30% since January. Alphabet’s market value now exceeds $3 trillion (€2.55tr), joining an elite tech group. Nvidia leads with $4.2 trillion (€3.57tr), Microsoft follows at $3.8 trillion (€3.23tr), and Apple stands at $3.5 trillion (€3tr).
Judge Protects Google’s Core Assets
The Department of Justice sought a Chrome sale and possible Android divestiture to reduce competition concerns. Google’s search division generates over half of Alphabet’s revenue. The federal judge ruled Alphabet could keep Chrome and Android but must share certain data with competitors. Analysts praised the decision as a major win, stabilizing Alphabet’s long-term strategy. Investors interpreted the ruling as a sign of sustained business strength.
AI Growth Drives Revenue
Alphabet posted a 15% revenue increase in Q2, exceeding expectations. Rising demand for artificial intelligence products fuels its growth across cloud services and advertising. Analysts say AI adoption strengthens Google’s competitive edge and profit potential. The combination of legal clarity and technology leadership boosted investor confidence. Markets now view Alphabet as a resilient and innovative leader in the global tech sector.
