Investors poured money into Alphabet after a US judge blocked the forced sale of Google’s Chrome browser.
The ruling ended a nearly five-year antitrust case, preventing a breakup of Google’s key businesses.
Shares climbed more than 4% in European trading Monday, extending gains above 30% since January.
Alphabet now joins an elite group of tech giants valued over $3 trillion, including 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 Preserves Google Assets
The US Department of Justice had demanded Alphabet sell Chrome and possibly Android, citing competition concerns.
A federal judge ruled Alphabet may keep both products but must share data with competitors.
Google’s search division generates over half of the company’s revenue, making the ruling critical for long-term stability.
The verdict reassured investors, who saw Alphabet’s core businesses protected while ensuring limited transparency for rivals.
AI Drives Revenue Growth
Alphabet reported a 15% rise in second-quarter revenues, exceeding expectations and reflecting strong AI product demand.
The company benefits from expanding AI adoption across cloud services and advertising platforms.
Analysts say AI growth, combined with the court decision, strengthens confidence in Alphabet’s future profitability.
Markets view Alphabet as a resilient tech leader capable of balancing innovation with financial stability.
