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New York Post
22 days

Alphabet shares soar 8% after Google gets favorable antitrust ruling in landmark case

1. Alphabet shares surged 8% after winning antitrust ruling against forced breakup. 2. Judge spared Google from spinning off Chrome and Android, maintaining its market presence. 3. Apple shares also rose, benefiting from Google's default search engine deal. 4. Critics believe the ruling reinforces Google's monopolistic power without significant repercussions. 5. Google focuses on AI developments post-ruling while regulators consider next steps.

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FAQ

Why Very Bullish?

The ruling eliminates breakup fears, leading to significant stock price gains historically seen after similar rulings.

How important is it?

The ruling directly impacts Google's operational structure and investment environment, leading to immediate market reactions.

Why Short Term?

Immediate investor confidence will likely maintain price momentum but regulatory scrutiny continues.

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