Alphabet

Alphabet’s stock surged to a record high after a U.S. court ruling favored Google, allowing it to retain Chrome, Android, and its practice of paying Apple to be the default search engine. Analysts revised their outlook, with JPMorgan Chase and Bank of America raising price targets. Apple’s stock also benefited due to continued payments from Google. The decision removes regulatory uncertainty, enabling Google to maintain dominance and pursue AI innovation, solidifying its position in the tech landscape; however, ongoing antitrust concerns remain a risk.