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Alphabet stock pops 6% in premarket trading after Google avoids break-up in antitrust case

1. China is probing Google for anti-monopoly violations amidst US-China tensions. 2. Alphabet shares increased nearly 6% after favorable antitrust ruling. 3. US DOJ previously proposed a break-up of Google, including Chrome divestment. 4. Judge Mehta ruled against severe DOJ consequences for Google's monopoly. 5. Google retains ability to pay for search engine preloads, maintaining key partnerships.

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FAQ

Why Bullish?

The favorable ruling on antitrust challenges boosts investor confidence, similar to past DOJ case outcomes.

How important is it?

The ruling significantly shapes GOOG's operational landscape, affecting both current and future earnings.

Why Short Term?

Immediate market reaction indicates potential for quick price fluctuations but risks remain.

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