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Google's parent company, Alphabet, has made history by becoming only the fourth U.S. firm to reach a $3 trillion market value following a positive antitrust ruling and impressive growth in its cloud services. Shares surged over 4%, bolstered by the court's decision not to impose harsh penalties and the increasing revenue from Google Cloud, signaling a potential second profit engine alongside its search business. This milestone reflects investor confidence in Google's AI ambitions and its ability to navigate legal challenges while expanding its market presence.
Source: YAHOO