Alphabet (GOOGL) became the fourth U.S. company to surpass a $3 trillion market valuation on Monday, following Apple, Microsoft, and Nvidia. The stock rose nearly 3% to $249, lifted by easing legal concerns and strong momentum in artificial intelligence.
- Alphabet’s market cap crossed $3 trillion, with shares up almost a third year-to-date, making it the best-performing “Magnificent Seven” stock in 2025.
- A federal judge’s ruling that Google doesn’t need to sell Chrome eased antitrust worries and boosted investor sentiment.
- Citi raised its price target on Alphabet to $280, citing improving legal clarity and rising adoption of AI tools in ads and cloud.
- Google has spent over $6 million on lobbying so far in 2025, focused on online advertising regulation, AI and copyright, data privacy, child safety, and health IT policy.
- More than 10 members of Congress have traded Alphabet shares this year, according to Quiver Quantitative.
Relevant Companies
- GOOGL - Hit $3 trillion market cap milestone, buoyed by AI adoption and favorable court ruling.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
