Investors poured money into Alphabet after a US judge blocked the forced sale of its Chrome browser. The ruling ended nearly five years of antitrust scrutiny and preserved Google’s key businesses. Shares surged over 4% in Monday European trading, adding to more than 30% gains since January. Alphabet’s market value now exceeds $3 trillion (€2.55tr), joining elite peers Nvidia ($4.2tr/€3.57tr), Microsoft ($3.8tr/€3.23tr), and Apple ($3.5tr/€3tr).
Court Protects Chrome and Android
The Department of Justice had demanded Google sell Chrome and possibly Android, citing competition concerns. A federal judge ruled that Alphabet can keep both but must share certain data with rivals. The decision protects Google’s most profitable assets while ensuring limited market transparency. Analysts called the ruling a major win, reassuring investors and stabilizing Alphabet’s growth prospects.
AI Drives Revenue Growth
Alphabet posted a 15% revenue increase in the second quarter, driven by strong demand for artificial intelligence products. The growth outperformed analyst expectations and highlighted Google’s leadership in AI innovation. Investors welcomed the combination of strong earnings and legal clarity as evidence of long-term resilience. Markets now view Alphabet as a top-performing tech giant with a secure business model and high growth potential.
