Alphabet Inc. has become the latest US technology company to cross the $3 trillion valuation mark, propelled by a 4% surge in its stock on Monday. The Google parent now joins an exclusive club alongside Apple, Microsoft, and Nvidia.
The rally follows a favourable antitrust ruling earlier this month. The US Department of Justice had sought sweeping penalties, including forcing Google to divest its Chrome browser, after a district court found the company held an illegal monopoly in search and related advertising. However, Judge Amit Mehta rejected the harshest remedies, easing investor concerns and fuelling a sharp rally in Alphabet shares.
The lighter-than-expected judgement was hailed by President Donald Trump, who described it as “a very good day” for the company. Alphabet’s stock has now climbed more than 30% in 2025, double the Nasdaq’s 15% rise.
The $3 trillion milestone comes roughly two decades after Google’s landmark IPO and just over a decade since the creation of Alphabet as a holding company.
Sundar Pichai, who succeeded co-founder Larry Page as CEO in 2019, has been steering the company through intensifying competition in artificial intelligence and heightened regulatory scrutiny in the US and Europe.
Alphabet’s flagship AI suite, Gemini, remains central to its strategy as rivals including OpenAI and Perplexity reshape the sector. Ironically, the rise of new competitors helped sway the antitrust ruling in Alphabet’s favour, as the court noted greater market dynamism than previously assumed.
Alphabet’s achievement cements its position among the world’s most valuable companies, underlining both its resilience amid regulatory battles and its continued dominance in technology and digital advertising.
