Investors flocked to Alphabet after a US court blocked the forced sale of its Chrome browser. The ruling ended a nearly five-year antitrust battle and allowed Google to retain core businesses. Shares jumped more than 4% on Monday in Europe, extending gains over 30% since January. The surge pushed Alphabet’s market value above $3 trillion (€2.55tr), joining an elite group of tech giants. Nvidia leads at $4.2 trillion (€3.57tr), Microsoft follows at $3.8 trillion (€3.23tr), and Apple ranks at $3.5 trillion (€3tr).
Judge Protects Google’s Core Assets
The US Department of Justice had demanded that Google sell Chrome and potentially Android amid competition concerns. Google generates more than half of Alphabet’s revenue through its search business. A federal judge ruled Alphabet could keep both products but must share specific data with competitors. The decision preserves Google’s dominant market position while enforcing some transparency. Investors responded positively, viewing the verdict as a major boost for long-term stability.
AI Demand Fuels Revenue Growth
Alphabet reported a 15% revenue increase in the second quarter, exceeding expectations. Strong sales stem from growing demand for artificial intelligence products. Analysts say AI adoption continues to strengthen Google’s cloud and advertising businesses. The combination of legal clarity and technological innovation reassured investors about Alphabet’s future profitability. Market confidence in the company remains high as it solidifies its position among the world’s most valuable tech giants.
