Google Surges 9% to Record High Stock Price

  • 2025-09-04

 

In terms of key individual stocks, Google-A rose by 9.14%, and Google-C increased by 9.01%, both closing at historic highs. Additionally, the 2x Long GOOGL-Direxion ETF surged by 18.00%, with a trading volume of $273 million; the 2x Long GOOG ETF-T-REX climbed by 17.99%, with a trading volume of $11.9783 million. Apple, an important partner of Google, also closed up by 3.81%.

On the news front, Google achieved a "rare victory" in an antitrust case. According to Xinhua News Agency, U.S. Federal District Court Judge Amit Mehta ruled on the 2nd that U.S. internet giant Google does not need to divest its Chrome browser and Android operating system businesses but must share more data, such as search results, with its competitors. Google also needs to establish an Antitrust Technology Committee to oversee its operations.

Reuters described this ruling as a "rare victory" for U.S. internet giants in their battle against federal antitrust enforcers. The New York Times stated that the ruling means Google only needs to make "modest changes" to its practices and can largely continue its operations. The Associated Press noted that, at a time when breakthroughs in the field of artificial intelligence are reshaping the technology industry, this ruling will have an impact across the entire sector.

Xinhua's report also indicated that this ruling is favorable for smart device manufacturers like Apple, as Google will still be able to pay billions of dollars annually to ensure that its search engine remains the default on smart devices.

This means Google will still have the ability to pay Apple billions of dollars to be the default search engine on the iPhone. Daniel Ives, Head of Global Technology Research at Wedbush, stated in a report on Tuesday: "For Google, this is a complete victory, and it also removes significant pressure on Apple's stock price."

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