Alphabet, Apple Stocks Climb In Wednesday Pre-Market: What's Going On?
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Alphabet Inc. (NASDAQ: GOOG) shares rose 5.75% in pre-market trading following a favorable ruling in a significant antitrust case, where a judge rejected the Department of Justice's request to break up Google’s services. Apple Inc. (NASDAQ: AAPL) also saw a 2.88% increase as the ruling allows Google to continue paying Apple to keep its search engine as the default on iPhones. Analysts view the decision as a major win for both companies, although some lawmakers are calling for an appeal to break up Google.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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