Judge Amit Mehta rejected the Department of Justice's request to force $Alphabet(GOOG)$ to divest Chrome, while prohibiting it from signing exclusive search agreements and mandating a degree of data sharing. The market reaction was straightforward: Google and Apple shares both rose, climbing nearly 6% and 3% respectively in after-hours trading—a classic case of "bad news is priced in." But zooming in reveals the ruling's vastly different implications for each company: $Alphabet(GOOGL)$ managed to "hold the line," while $Apple(AAPL)$ reaped "unearned gains."For Google, retaining Chrome means preserving its most critical gateway for search distribution. With Chrom
Google All Time High! Eyes $3 Trln This Year?
The U.S. federal court has delivered a key victory for Google. The judge rejected the Department of Justice’s request to force the divestiture of the Chrome browser and Android operating system. This means Alphabet’s two most critical businesses are, for now, free from the risk of being broken up. Following the announcement, Alphabet’s stock surged more than 10%! ------- 1. Could Alphabet sprint to $3trln market cap this year? 2. Is Google your pick for long term holding? 3. Is it the most undervalued stock among Mag 7?
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