Investors rushed to buy Alphabet shares after a US court blocked a forced Chrome sale. The ruling prevented the breakup of Google’s core businesses. Shares climbed over 4% Monday in Europe, extending gains above 30% since January. The surge pushed Alphabet’s market capitalization past $3 trillion (€2.55tr), placing it among elite tech giants alongside Nvidia, Microsoft, and Apple. 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 Ruling Protects Google’s Assets
The Department of Justice had demanded Alphabet sell Chrome and possibly Android, citing competition concerns. Google’s search division generates over half of the company’s revenue. A federal judge ruled Alphabet could keep Chrome and Android but required selective data sharing with competitors. The verdict secured Google’s core businesses while ensuring some transparency. Investors interpreted the decision as a signal of long-term stability for Alphabet’s business model.
AI Demand Drives Revenue Growth
Alphabet posted 15% revenue growth in the second quarter, boosted by strong demand for artificial intelligence products. Analysts highlighted AI adoption across cloud and advertising services as key growth drivers. Alphabet’s success demonstrates the financial impact of technology leadership. Combined with legal clarity, robust sales reinforced investor confidence in Alphabet’s trajectory. The company now appears well-positioned to expand its influence in the global tech sector while sustaining strong market performance.
