On Monday, Alphabet surpassed a market cap of $3 trillion as investors continue to reward the company following a federal judge’s decision not to dismantle it. 

On September 2, U.S. District Court Judge Amit P. Mehta presented less severe remedies than anticipated for his ruling from a year prior that determined Google had an unlawful monopoly in search. The DOJ had suggested more stringent actions, such as forcing Alphabet-owned Google to divest Chrome. Tech firms like Perplexity and Ecosia had made unsolicited offers. However, that option has been eliminated. 

In addition to Google’s profitable search operations, its cloud computing sector is also experiencing rapid growth due to its AI capabilities. Alphabet is now in the $3 trillion club alongside Nvidia ($4.3T), Microsoft ($3.8T), and Apple ($3.5T), with Amazon trailing behind at $2.5T.