Alphabet crossed the $3 trillion market capitalization mark on Monday, buoyed by investor optimism after a federal judge declined to break up the company.
On Sept. 2, U.S. District Court Judge Amit P. Mehta laid out remedies for his earlier ruling that Google maintained an illegal monopoly in search. The Department of Justice had pushed for harsher measures, including forcing Google to divest Chrome, which drew unsolicited bids from rivals like Perplexity and Ecosia. But that option was taken off the table, easing investor concerns.
Alphabet’s rise isn’t only powered by its dominant search business. Its cloud computing division has gained significant traction, particularly with AI-driven services, boosting confidence in its long-term growth.
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The milestone puts Alphabet alongside other tech giants in the so-called “three-T club”: Nvidia ($4.3 trillion), Microsoft ($3.8 trillion), and Apple ($3.5 trillion). Amazon, at $2.5 trillion, remains the closest contender.
