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GOOGL Leads Market Higher After Chrome Ruling
Tom White
September 03, 2025
U.S. stock futures are higher ahead of the Wall Street open led by gains in Alphabet (GOOGL).
Shares of the Google parent jumped about 6% in premarket trading after a federal judge ruled Tuesday that Google can keep its Chrome browser but won’t be allowed to strike exclusive search deals and must share its search data. The decision avoided the worst-case outcome for the tech giant.
The decision also means that Apple (AAPL) can continue to preload Google Search onto its iPhones, from which Apple collects about $20B annually.
The moves come after weakness on Tuesday but stocks did manage to cut losses in half by the end of the session.
Morning Movers
Snapshot (as of 7AM ET)
Oil (/CL) – Oil prices are down 2% at $64.30 a barrel and falling from sanctions-driven gains from the previous session as the market looks ahead to an OPEC+ meeting over the weekend.
Gold (/GC) – Gold prices are up 0.7% near $3616, another record high, as persistent market uncertainty and growing investor confidence that the U.S. Federal Reserve will cut interest rates this month lifted demand for the safe-haven metal.
Bitcoin (/BTC) – The Crypto Future is up 0.8% near $112,300 in premarket trading.
VIX – The CBOE Volatility Index was up 6.5% on Tuesday and settled at 17.17 as stocks were lower.
U.S. Dollar (/DX) – The dollar is slightly lower at 98.3.
Biggest Premarket Movers
Symbol | Product | Mark % Change (as of 7AM ET) |
|---|---|---|
GOOGL | Alphabet | +5.68% |
AAPL | Apple | +3.92% |
SW | Smurfit Westrock | +1.74% |
DLTR | Dollar Tree | -6.60% |
APA | APA Corp. | -1.43% |
SLB | Schlumberger | -1.42% |
Economic Data
Time | Event |
|---|---|
All Day | Motor Vehicle Sales |
7:00AM ET | MBA Mortgage Applications |
9:00AM ET | Fed’s Musalem Speaks |
10:00AM ET | Factory Orders JOLTS |
1:30PM ET | Fed’s Kashkari Speaks |
2:00PM ET | Beige Book |
Notable Earnings
Premarket | Postmarket | Premarket Tomorrow | Postmarket Tomorrow |
|---|---|---|---|
CPB, DLTR, M, PSNY, REVG | AEO, AI, CHPT, FIG, GTLB, HPE, PD, CRM | CAL, CIEN, DLTH, GIII, SAIC, TTC | AVGO, AOUT, CPRT, DOCU, GWRE, LULU, TTAN, SPWH, PATH, ZUMZ |
Upgrades/Downgrades
Arete upgrades Alibaba (BABA) to Buy from Neutral
Rothschild & Co Redburn upgrades Chipotle (CMG) to Buy from Neutral
Morgan Stanley upgrades Kraft Heinz (KHC) to Equal Weight from Underweight
Rothschild & Co Redburn downgrades Accenture (ACN) to Neutral from Buy
BNP Paribas Exane downgrades Constellation Brands (STZ) to Underperform from Neutral
BofA downgrades Phillips 66 (PSX) to Neutral from Buy
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