Google Wins Antitrust Battle, Stocks Soar, Judge Bars Apple Deals
After nearly five years of antitrust finger-pointing, Google dodged the nuclear option: no forced breakup of Chrome or YouTube, announced by District Judge Amit Mehta on Tuesday. However, the search giant now faces a 'fun' ban on exclusive contracts like the one cozying up to Apple, plus it must share certain data with rivalsābecause sharing is caring, right? Google's stock spiked 6.7% after-hours, with RBC Capitalās Brad Erickson cheerleading a price target jump from $220 to $260. Wedbush analysts, poetically dubbing the DOJ 'Government Folds Like Cheap Suit,' highlighted fading AI competitor angst and a newfound AI & Cloud swagger stealing Google's spotlight.
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Source: Businessinsider | Published: 9/3/2025 | Author: Shubhangi Goel