Alphabet and Apple Jumps After Google Antitrust Ruling, Nvidia Falls
On this edition of Stock Movers:- Shares of Google parent Alphabet (GOOG) jumped late Tuesday after a federal judge said Google doesn’t have to sell its popular Chrome web browser in the Justice Department’s landmark antitrust case against the search engine. The ruling allows Google to avoid one of the most severe remedy requests from the US government after the court found the company had an illegal monopoly in the search market. Judge Amit Mehta did bar Google from entering into exclusive contracts for internet search. The finding follows Mehta’s ruling last year that…
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