Overview

• Judge Amit Mehta’s decision avoided a Chrome divestiture and kept paid default search placements intact, with contracts renewed annually.
• Alphabet shares jumped nearly 10% over two sessions, leaving the company roughly 7% shy of a $3 trillion market value, according to Bloomberg reporting.
• Recent results showed momentum from AI features, with Q2 revenue up 14% year over year to $96.4 billion and accelerating search growth tied to AI Overviews and the global rollout of AI Mode.
• Google Cloud remains a key growth driver, with reports of a six-year, $10 billion agreement with Meta underscoring commercial AI infrastructure demand.
• Analysts highlight a path to much higher valuations as the antitrust overhang eases, and prominent voices like Jim Cramer publicly reassess earlier skepticism.