Alphabet Shares Surge as Antitrust Victory Sparks Market Rally

A landmark court decision has delivered a major victory for Alphabet Inc., sending its stock price soaring to unprecedented heights. On September 3, a U.S. federal judge unexpectedly ruled in favor of the tech giant, rejecting calls to break up its search engine division and allowing it to retain control of both Chrome and Android. This resolution to months of regulatory uncertainty triggered a massive rally that propelled the company’s market valuation upward by a staggering $234 billion.

The court’s decision represents a significant win for Google’s search monopoly, dismissing the most severe potential penalties. While the company must scale back certain exclusive agreements with device manufacturers, it retains permission to continue its multi-billion dollar payments to Apple to Read more...