Alphabet Shares Surge as Antitrust Ruling Sparks Investor Relief

Alphabet Inc., Google’s parent company, has secured a decisive victory in a landmark U.S. antitrust case, triggering a massive market rally. The outcome proved far less severe than many investors had feared, with the court rejecting calls for a corporate breakup and instead delivering a surprisingly lenient verdict that leaves the tech giant’s core business operations intact.

U.S. District Judge Amit Mehta issued a ruling that brought significant relief to Alphabet shareholders. While confirming antitrust violations, the court permitted Google to retain its most valuable business assets: the Chrome browser and Android operating system. The judgment also allows the company to continue making multi-billion dollar payments to partners like Apple for maintaining Google as the... Read more...