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Analysts See 'A Win' for Alphabet as Google Dodges Big Antitrust Court Hit

1. Alphabet shares rose 7% after court ruling on Google search engine. 2. Judge ruled no divestment needed despite past antitrust violation. 3. Apple can continue paying Alphabet for default search engine access. 4. Analysts raised price targets for Alphabet, indicating long-term optimism. 5. GOOGL shares up 12% year-to-date, outperforming Apple’s decline.

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FAQ

Why Bullish?

The ruling prevents divestment, stabilizing Alphabet's core business amid antitrust scrutiny. Historically, legal stability has led to price recovery, as seen in past tech cases.

How important is it?

The ruling directly impacts Google's operational structure, alleviating major investor concerns, hence the relatively high importance score.

Why Short Term?

Immediate share price reaction to ruling suggests short-term market confidence. However, potential future regulatory pressures may affect long-term stability.

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