Google-parent Alphabet is facing pressure on two fronts—the government and a host of new AI-powered search rivals. It has the capacity to meet both challenges and its stock can continue to prosper.

The Justice Department wants the Big Tech company to sell its web browser. That shouldn't keep shareholders up at night.

In September, U.S. District Judge Amit Mehta ruled Google had illegally monopolized the search market with tens of billions of dollars in payments to ensure it remained the default search engine on smartphones and web browsers.