Alphabet stock hits $224 record high after rare antitrust court victory

Alphabet stock hits $224 record high after rare antitrust court victory
Alphabet stock to record high on legal victory

​Alphabet Inc. stock has delivered a dramatic turnaround this week, powered by a favourable court ruling that has overshadowed the negative drag from the bond market. 

On Tuesday, selling pressure in bonds initially spilled over into equities, driving GOOGL from a previous record close at $213 down to a three day low of $206.4. The picture changed completely later when U.S. District Judge Amit Mehta ruled that Google would not be forced to sell its Chrome browser. The decision marked a rare victory in the company’s antitrust battles and removed the threat of major divestitures.

Highlights

- Alphabet stock hits record $224 after legal victory boosts investor confidence.

- Google secures court win preserving Apple deal, driving Alphabet’s momentum higher.

- Alphabet volume spikes as bullish momentum points toward testing $230 level.

The ruling went further, allowing Google to continue payments to Apple for default search placement and dismissing calls for a divestiture of Android. These outcomes provided strong relief to investors who had been bracing for more severe regulatory measures. As confidence returned, GOOGL stock surged 2.7% from Tuesday low to close near $211.7. Trading volume also spiked, exceeding every session recorded in August, a clear sign that institutional buyers re-entered the market.

Nasdaq price dynamic (Feb - Sept 2025). Source: Tradingview

By Wednesday, September 3, the bullish momentum accelerated sharply. In premarket trading, GOOGL stock jumped 6% to a new all-time high at $224.4, marking its strongest daily advance since April. The surge highlights the scale of investor relief as the legal risks that had weighed heavily on sentiment were substantially reduced. The court decision not only preserved Google’s core assets but also maintained its lucrative partnership with Apple, which reportedly generates more than $20 billion annually for the iPhone maker.

Alphabet upside momentum points to $230 if buying strength sustains

The positive spillover was also evident in Apple’s shares, which rose more than 3% in premarket trading. Investors interpreted the ruling as a win for the broader tech ecosystem, cementing the value of Google’s search dominance and Apple’s revenue tie-in. This created a strong foundation for both stocks to extend gains once the regular cash session opened.

If buying strength sustains through the day, GOOGL could test $230, a level that now stands as the next psychological barrier. The momentum is being reinforced by unusually heavy trading activity and a fundamental backdrop that has shifted dramatically in favour of the company. For investors, the combination of legal clarity and technical strength places Alphabet stock back at the centre of market optimism, positioning it for further advances if broader equity sentiment holds steady.

Alphabet stock bullish streak extends five months as AI optimism fuels buying momentum. GOOGL stock RSI nears 75, raising concerns of a pullback despite supportive fundamentals.

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