Investors flocked to Alphabet after a US judge blocked the forced sale of Google’s Chrome browser. The ruling ended nearly five years of antitrust litigation and prevented a breakup of Alphabet’s core operations. The stock climbed more than 4% in European trading on Monday, extending a 30% gain since January. With this surge, Alphabet joined an elite club of tech giants worth over $3 trillion. Nvidia leads at $4.2 trillion (€3.57tr), followed by Microsoft at $3.8 trillion (€3.23tr) and Apple at $3.5 trillion (€3tr).
Court Decision Protects Google Assets
The US Department of Justice demanded Alphabet sell Chrome and possibly Android to address competition concerns. Google’s search business generates more than half of the company’s revenue, making the stakes high. The federal judge ruled Alphabet can retain both Chrome and Android but must share data with competitors. The decision safeguards Google’s most valuable units while promoting limited transparency. Analysts say the ruling reinforces investor confidence and stabilizes Alphabet’s long-term outlook.
AI Drives Revenue Growth
Alphabet reported 15% revenue growth in the second quarter, driven by surging demand for artificial intelligence products. The AI boom boosts Google’s cloud services, ad platforms, and emerging tech solutions. Analysts noted that AI adoption strengthens Alphabet’s market position and profitability. Investors view the combination of strong earnings and favorable legal outcomes as a major factor in sustained share gains. The company continues to capitalize on technology leadership while maintaining regulatory compliance.
