Bloomberg Tech Google Shares Soar After Dodging Chrome Sale
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Sep 3, 2025 Brent Hill, a Jefferies analyst known for his insights on market dynamics, joins Rolls-Royce CFO Helen McCabe, who sheds light on the company's innovative small modular nuclear reactors. They discuss Google's recent win in its antitrust case, allowing the tech giant to retain Chrome and its effects on stock performance. The conversation highlights market trends influencing competitors like Apple, the rise of energy solutions in defense technology, and strategies businesses are adopting in the evolving landscape of AI and government contracts.
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Market Rewards Google For Keeping Chrome
- Google avoids divesting Chrome and can keep paying for default search placement, though exclusivity is restricted.
- The stock jumped to a record high as markets priced this as a major win for Alphabet.
Judge Prioritized Stability Over Big Breakup
- The judge's remedy was conservative and largely preserved the status quo for Google and Chrome.
- Generative AI influenced the decision because the judge did not want to disrupt a market in rapid flux.
Apple Keeps Google Search Revenue Intact
- Google can continue paying Apple roughly $20 billion a year for default search placement but contracts can't be exclusive.
- That preserves a major revenue stream for both companies and reduces near-term disruption.