Overview

• An antitrust ruling by a U.S. district court removed the harshest proposed remedies, allowing Google to avoid a forced sale of Chrome and requiring less-onerous measures such as data sharing with rivals.
• Alphabet shares climbed roughly 11% over three sessions following the decision, pushing the company within reach of a $3 trillion market value.
• KeyBanc raised its price target to $265 with an Overweight rating, citing a cleaner legal backdrop, stronger AI positioning, and accelerating Google Cloud growth.
• Alphabet’s latest quarter showed AI-driven demand lifting sales, and Google Cloud’s commercial pipeline includes a reported six-year, $10 billion agreement with Meta.
• Market voices say the ruling clears a major overhang and shifts attention to growth drivers; investor Jim Cramer publicly regretted selling the stock earlier over antitrust and AI concerns.