Alphabet (GOOGL) Soars 5.69% on Favorable Antitrust Ruling

On September 3, 2025, Alphabet's stock surged by 5.69% in pre-market trading, marking a significant rise for the tech giant.

This surge was largely driven by a favorable ruling from a federal judge in a high-profile antitrust case. The judge decided that Google, a subsidiary of Alphabet, would not be required to sell its key businesses, including the Chrome browser and Android operating system. This decision alleviated investor concerns about potential divestments, which had been a major worry following an earlier ruling that Google held an "illegal monopoly" in internet search.

The judge's ruling also mandated that Google share search data with competitors and end exclusive contracts for its search, Chrome, and other products. Despite this, the decision was seen as a victory for Alphabet, as it avoided the worst-case scenario of having to sell off core assets. The company has indicated it plans to appeal the antitrust ruling, a strategy that has previously benefited tech peers like Microsoft.

Investors responded positively to the news, pushing Alphabet's stock up nearly 8% in after-hours trading. This rally positions Alphabet to potentially catch up with other megacap tech stocks that have seen significant gains this year. With a price-to-earnings ratio of 22.8x, Alphabet remains one of the more affordably valued tech giants, providing room for further growth.