Investors poured into Alphabet after a US judge blocked a forced sale of Google’s Chrome browser. The ruling preserved Google’s key assets and ended nearly five years of antitrust uncertainty. Shares surged more than 4% in Monday trading in Europe, extending gains of over 30% since January. The company now joins Nvidia, Microsoft, and Apple in the elite $3 trillion club. Nvidia leads at $4.2 trillion (€3.57tr), Microsoft follows at $3.8 trillion (€3.23tr), and Apple stands at $3.5 trillion (€3tr).
Court Shields Chrome and Android
The Department of Justice had demanded that Alphabet sell Chrome and possibly Android due to competition concerns. Google generates over half of Alphabet’s revenue from its search business, making the case high stakes. A federal judge allowed Alphabet to keep both Chrome and Android but required it to share select data with competitors. The decision reassured investors and preserved Alphabet’s control over its most profitable divisions.
AI Growth Drives Strong Earnings
Alphabet reported a 15% revenue increase in the second quarter, driven by high demand for artificial intelligence products. Analysts noted AI adoption boosted cloud and advertising divisions, enhancing the company’s long-term growth prospects. The combination of rising sales and legal clarity strengthened market confidence in Alphabet’s stability and innovation leadership.
Investor Confidence Reaches New Heights
Following the court ruling and robust earnings, Alphabet’s shares climbed steadily, reflecting renewed investor optimism. The company now ranks among the most valuable and influential tech giants globally. Markets view Alphabet’s position in AI and search as a key advantage for continued expansion and profitability.