Alphabet attracted heavy investor interest after a court ruling blocked the forced sale of Google’s Chrome browser. Its stock climbed steadily, pushing the company’s valuation above $3 trillion (€2.55 trillion). Alphabet joined an elite group of trillion-dollar giants, alongside Nvidia, Microsoft, and Apple. Nvidia leads with a $4.2 trillion (€3.57 trillion) market cap, followed by Microsoft at $3.8 trillion (€3.23 trillion), and Apple at $3.5 trillion (€3 trillion).
Antitrust Ruling Fuels Market Confidence
Alphabet’s momentum accelerated in September after a long-running antitrust case ended in its favor. The US Department of Justice had demanded the sale of Chrome and possibly Android to ease competition concerns. A federal judge rejected that demand but required Alphabet to share data with rivals. The decision secured Google’s search dominance, which generates over half of its revenue. Investors viewed the outcome as a major win, stabilizing Alphabet’s core business while easing fears of a breakup.
Artificial Intelligence Strengthens Growth
Alphabet’s latest earnings confirmed rising demand for AI-driven products. Second-quarter revenues grew 15%, surpassing forecasts and boosting market optimism. AI expansion played a central role in lifting sales and convincing investors of strong long-term prospects. By Monday afternoon in Europe, Alphabet’s shares had risen over 4%, extending a rally of more than 30% since January. The combination of favorable court rulings and accelerating AI growth cemented Alphabet’s place among the world’s most valuable companies.