Trump praises ruling as Alphabet clears regulatory scare

Alphabet crossed the $3 trillion line on Monday after its stock jumped more than 4% during the day’s trading session, according to data from ￰0￱ rally pushed the company into the highest ranks of public markets, joining Nvidia, Apple, and Microsoft as the only other ￰1￱ to ever hit that ￰2￱ spike followed a courtroom win that dropped earlier this ￰3￱ Amit Mehta, who oversaw the Department of Justice’s antitrust case against Alphabet, ruled against the harshest punishment the government had ￰4￱ praises ruling as Alphabet clears regulatory scare DOJ officials were pushing to force Alphabet to separate from its Chrome browser business ￰5￱ demand was tied to a 2023 ruling that found Google guilty of maintaining an illegal monopoly in search and ad ￰6￱ Amit didn’t go that ￰7￱ dismissed the demand for a breakup, which immediately sent Alphabet’s stock ￰8￱ rally pushed the company to a record high, and ￰9￱ Donald Trump publicly praised the court’s decision, saying it was “a very good day.” The stock is now up more than 30% year-to-date, crushing the Nasdaq’s 15% ￰10￱ $3 trillion level comes nearly two decades after Google’s IPO and just over ten years since the tech giant restructured itself under the Alphabet ￰11￱ Pichai, who replaced co-founder Larry Page in 2019, has been CEO ever ￰12￱ now faces growing threats from the AI ￰13￱ rise of Perplexity and OpenAI played in Alphabet’s favor during the antitrust case by weakening the monopoly ￰14￱ those same companies are now its biggest AI rivals.

Alphabet’s AI strategy is now pinned on Gemini, its core suite of AI models still in ￰15￱ up to Bybit and start trading with $30,050 in welcome gifts