Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
US Stocks Move | Apple (AAPL.US) rises over 3% as it achieves a "major victory" in search monopoly ruling

US Stocks Move | Apple (AAPL.US) rises over 3% as it achieves a "major victory" in search monopoly ruling

智通财经2025/09/03 16:27
By: 智通财经

According to Jinse Finance APP, on Wednesday, Apple (AAPL.US) rose more than 3%, closing at $237.17. U.S. District Judge Amit P. Mehta has recently ruled to prohibit Google from signing exclusive search agreements, rejecting the Department of Justice's request for harsh measures such as forcing the divestiture of the Chrome browser. The judge made it clear that Google can continue to pay for the distribution of its products, and that these agreements must not harm the interests of partners such as Apple. Wall Street analysts view this as a major victory for both companies, as it protects the core business model of the $20 billion annual partnership between Google and Apple. The ruling also paves the way for further cooperation between the two companies in AI-related services.

Wedbush stated that the U.S. federal judge's ruling in the search agreement antitrust case is a "major victory" for Google (GOOGL.US) and Apple (AAPL.US). Wedbush maintained its "outperform" rating on Apple and set its target price at $270. Wedbush also maintained its "outperform" rating on Google, but raised its target price from $225 to $245.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Bitcoin chases new highs as crypto market cap crosses $4.21T
2
MetaMask confirms rewards program with $30 million Linea token distribution

Crypto prices

More
Bitcoin
Bitcoin
BTC
$123,545.49
+1.02%
Ethereum
Ethereum
ETH
$4,521.1
+0.75%
XRP
XRP
XRP
$2.97
+0.21%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,161.84
+1.18%
Solana
Solana
SOL
$228.62
+0.49%
USDC
USDC
USDC
$0.9999
+0.03%
Dogecoin
Dogecoin
DOGE
$0.2532
+0.96%
TRON
TRON
TRX
$0.3413
+0.26%
Cardano
Cardano
ADA
$0.8390
-0.14%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter