News Summary

• Alphabet hit just over $3 trillion dollars in market cap on Monday as investors continue to reward it after a federal judge declined to break the company up.
• The DOJ had proposed stronger remedies, including that Alphabet-owned Google be forced to sell Chrome.
• Beyond Google’s cash cow of search, its cloud computing business is also growing rapidly on the strength of its AI offerings.
• Alphabet now joins Nvidia ($4.3T), Microsoft ($3.8T) and Apple ($ 3.5T) in the three-t club.