Alphabet drew major investor interest after a US court blocked a forced Chrome browser sale. The ruling ended a nearly five-year antitrust battle and prevented the breakup of Google’s core businesses. Investors responded quickly, driving Alphabet’s market value above $3 trillion (€2.55tr). Shares rose over 4% in Monday European trading, extending gains of more than 30% since January. Alphabet now joins Nvidia, Microsoft, and Apple in the exclusive group of companies valued at more than $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 Preserves Google’s Core Businesses
The Department of Justice had demanded Alphabet sell Chrome and possibly Android, citing competition concerns. Google’s search division generates more than half of Alphabet’s revenue, making the stakes enormous. A federal judge ruled Alphabet could keep Chrome and Android but required the company to share certain data with rivals. The decision protected Google’s most profitable assets while enforcing limited transparency obligations. Alphabet immediately benefited, as analysts described the verdict as a turning point for the company. Investors saw the ruling as a guarantee of stability for the tech giant’s business model.
Rising Sales Show Strength of AI Demand
Alphabet’s growth momentum extends beyond legal victories. Second-quarter earnings revealed a 15% revenue increase, fueled by surging demand for artificial intelligence products. Analysts noted that AI adoption across industries continues to lift Google’s cloud and advertising services. The company’s position as a leader in AI innovation reassured markets about future profitability. Alphabet’s performance highlights the growing link between cutting-edge technology and financial results. Strong revenue growth, combined with legal clarity, reinforced confidence in Alphabet’s long-term trajectory. Investors now view Alphabet as one of the most resilient and powerful companies in the global tech sector.
