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Alphabet (GOOGL) Stock Rallies as Court Decision Favors Google
Alphabet (GOOGL) Stock Rallies as Court Decision Favors Google
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BTCCSquare news:
Alphabet shares surged after a U.S. court delivered a favorable ruling in the antitrust case against Google Search. The decision avoids structural breakups and preserves Chrome's integration, sparking bullish analyst reactions.
Evercore ISI's Mark Mahaney called it a "best case scenario," maintaining a $240 price target. JPMorgan echoed the sentiment, describing the remedies as "mostly positive." Both firms highlight Google's ability to absorb contract limitations and data-sharing requirements without Core business disruption.
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