Google Shares Surge In Premarket After Judge Doesn't Order It Broken Up
ToplineShares of Google’s parent company, Alphabet, rose sharply in premarket trading early on Wednesday, after a federal judge ruled that the company does not need to be broken up or be forced to sell its popular Chrome web browser to remedy its search market monopoly.Google said the court's "decision recognizes how much the industry has changed through the advent of AI."NurPhoto via Getty ImagesKey FactsIn premarket trading early on Wednesday, Alphabet’s shares rose to $223.50, up nearly 5.4% from Tuesday ...