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Alphabet (GOOGL) stock rallied in early trading on Wednesday after a US judge rejected proposals that the company divest its Chrome browser as part of an antitrust case. US District Judge Amit Mehta ruled in favour of Alphabet on Tuesday, deciding against the most severe remedies sought by the Department of Justice.
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Last August, a federal judge issued a historic ruling against search giant Google: The company engaged in monopolistic behavior when it offered payment to be the default search engine on tech platforms owned by other companies.
Morning Brief: Market Sunrise anchor Ramzan Karmali breaks down the latest international news for September 3, 2025. Alphabet shares pop after a federal judge ruled that Google is not required to sell its Chrome browser following a long antitrust case.
The long-time case questioning Google dominance is over. A U.S. judge ruled that Alphabet (GOOGL) will not have to divest its Google Chrome browser, something analysts and investors alike see as a huge win for Alphabet.
Alphabet (GOOGL) shares jumped 7% in premarket trading Wednesday, a day after a judge ruled that the tech giant doesn't have to sell off its Google search engine following an antitrust lawsuit brought by the federal government.
On September 2nd, a federal judge ruled against the U.S. government's proposal that Google should sell its Chrome web browser to restore competition in online search.
With the cloud growth engine quietly roaring and regulatory threats receding, Alphabet Inc's GOOGL GOOG identity as a search giant via Google, is being rewritten. Its cloud narrative is gaining strength – one that has Microsoft Corp MSFT watching closely as the field reshapes.
Alphabet's antitrust win lifts tech stocks and Nasdaq 100 futures. Traders eye the S&P500 forecast as US indices hold key support ahead of jobs data.
In the wake of a favorable district court ruling on its monopoly case, Alphabet (GOOGL) shares are popping to the upside. Kevin Green examines the impact from the decision as Alphabet won't be required to divest its Google Chrome or Android operating system businesses.