Alphabet (GOOGL) surges on antitrust win and AI growth

by MarketNewsData

Alphabet (GOOGL) secured a key antitrust ruling preserving Chrome, a cornerstone for its AI growth strategy. Despite doubts around Gemini and ChatGPT comparisons, the stock jumped 8% and trades at the lowest P/E among the “Magnificent Seven.”

Q2 highlights:

  • Revenue: $96B (+14% YoY)
  • Google Cloud: 14% of total revenue
  • Net income: $63B (+33% YoY)
  • Liquidity: $95B; Capex: $75B; Buyback: $70B

The ruling strengthens Alphabet’s platform advantage while it diversifies beyond ads into AI and other technologies. Shares are up nearly 60% since April, with valuation still viewed as discounted.

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