Google-Anteilssprung: Tech-Megacaps erreichen 21 Billionen-Dollar-Marktkapitalisierung

In a pivotal week for the tech sector, Alphabet (Google) led a broad rally among megacaps, pushing the group’s combined market capitalization to a staggering $21 trillion. The surge was fueled by a landmark antitrust ruling from U.S. District Judge Amit Mehta, who, despite finding Google guilty of maintaining an illegal monopoly in search, opted against forcing the company to divest its Chrome browser. Instead, the judge mandated that Google share search data with competitors—a more targeted remedy that reflected the evolving competitive landscape, particularly due to the rise of generative AI. This decision lifted investor concerns that had weighed heavily on both Google and Apple, as the latter’s lucrative deal to make Google the default search engine on iPhones was preserved. Alphabet’s stock jumped over 10% for the week, while Apple gained 3.2%, contributing to a 1.1% rise in the Nasdaq. Analysts at Wedbush Securities hailed the ruling as removing a major overhang, clearing the way for deeper AI collaboration—particularly between Apple and Google’s Gemini models. The shift in market dynamics was underscored by Judge Mehta’s recognition that generative AI players like OpenAI, Anthropic, and Perplexity have disrupted Google’s dominance, making the search market far more competitive. This development validated the strategic pivot of tech giants toward AI, with Broadcom emerging as a key beneficiary. Following a strong earnings report, the chipmaker announced a $10 billion contract with a major AI client—widely believed to be OpenAI—marking its fourth large AI partnership. Broadcom’s stock surged 13% for the week, lifting its market cap to $1.6 trillion and cementing its place in the trillion-dollar club. Analysts at Barclays praised the company’s “clear line of sight for growth” and robust backlog, maintaining a buy rating. Meanwhile, Nvidia and Microsoft faced headwinds despite strong fundamentals. Nvidia’s shares fell over 4% in the shortened holiday week, marking its fourth consecutive weekly decline, though it remains the world’s most valuable company with a market cap exceeding $4 trillion and a 56% gain over the past year. Microsoft also declined for five straight weeks, despite a 21% year-to-date rise. Tesla, the weakest performer among the megacaps, dropped 13% this year amid persistent sales challenges driven by competition from low-cost Chinese EV makers and an aging product lineup. However, Tesla shares rose 5% on Friday after the company proposed a $1 trillion performance-based pay package for Elon Musk, tied to 12 tranches of value creation, with the first milestone requiring the company’s market cap to nearly double to $2 trillion. Tesla’s board emphasized the plan’s goal of keeping Musk focused and motivated, a move seen as critical to the company’s long-term trajectory. Industry observers note that while antitrust pressures continue, the AI revolution is reshaping market dynamics, allowing tech giants to navigate regulatory challenges while accelerating innovation. Broadcom’s rise signals a new era of AI infrastructure dominance, while the resilience of Google and Apple underscores the enduring power of ecosystem partnerships.