Waymo & Other Bets to legally become Alphabet subsidiaries w/ creation of new 'XXVI' holding company
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Alphabet has joined the $3 trillion club, joining the company into territory occupied only by Nvidia, Microsoft and Apple. The stock has gotten a big lift in early September from an antitrust ruling by a judge, whose penalties came in lighter than shareholders feared. The U.S. Department of Justice wanted Google to be forced to divest its Chrome browser, and last year a district court ruled that the company held an illegal monopoly in search and related advertising. Read more: cnb.cx/466iMhB | C
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Alphabet has joined the $3 trillion club, joining the company into territory occupied only by Nvidia, Microsoft and Apple. The stock has gotten a big lift in early September from an antitrust ruling by a judge, whose penalties came in lighter than shareholders feared. The U.S. Department of Justice wanted Google to be forced to divest its Chrome browser, and last year a district court ruled that the company held an illegal monopoly in search and related advertising. Read more: cnb.cx/466iMhB | C
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