Why Shares of Apple Are Surging Today

Shares of the large consumer tech company Apple (NASDAQ: AAPL) traded over 3% higher, as of 10:54 a.m. ET today. The move comes after a U.S. federal judge ruled that Alphabet, the parent company of Google, would not have to divest Chrome and could keep paying partners to feature its search engine on their web browsers.Last year, U.S. District Judge Amit Mehta ruled in favor of the U.S. Department of Justice in a lawsuit against Google, saying that the search engine giant had indeed acted as an illegal monopoly with its digital advertising practices. But yesterday, Mehta stopped short of granting the DOJ's request to have Google divest Chrome.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool