Alphabet Within Striking Range of $3 Trillion as Key Risk Clears

The decision by a US district court judge Tuesday enabled Google’s parent to avoid the most punitive measures sought by regulators, including the sale of its Chrome browser. With the case now out of the way, investors are turning their attention back to the potential for gains in Alphabet’s stock, which is the cheapest among the Magnificent Seven despite the recent rally. “What it does is it clears the runway for additional growth opportunities,” said Neville Javeri, senior fund manager at Allspring Global Investments, referring to the ruling.