Alphabet's Trading Volume Surges to $60.84 Billion, Securing 10th Spot in Market Rankings Amid DOJ's Antitrust Battle

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:00 pm ET1min read

On May 30, 2025, Alphabet's trading volume reached $60.84 billion, marking a 65.51% increase from the previous day, placing it at the 10th position in the day's stock market rankings. Google's Class C shares (GOOG) fell by 0.06%, marking the third consecutive day of decline, with a total decrease of 0.65% over the past three days.

The Department of Justice (DOJ) has urged the court to impose aggressive remedies on

, including the potential sale of its highly popular Chrome browser. The DOJ's request comes as part of its efforts to address Google's alleged monopoly in the search engine market.

In the ongoing antitrust case, both Google and the DOJ have presented their closing arguments following the conclusion of testimony earlier this month. The court is now considering the DOJ's request to force Google to sell off its Chrome browser and prevent it from using its AI tools to further solidify its market dominance.

Google has strongly opposed the idea of spinning off its Chrome browser, arguing that such a move would weaken its position in the online search market. The company plans to appeal any decisions made in the case but must first address the proposed remedies.

The Justice Department is pushing for a significant restructuring that would prohibit Google's profitable deals with Apple and force the company to make substantial changes to its business practices. The court is expected to rule on the case by August.

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