Alphabet rises after report $32 billion Wiz deal clears DOJ antitrust review

Shares of Alphabet GOOGL.O rise 2.5% to $284.75

Wiz CEO Assaf Rappaport said $32 billion acquisition of his cybersecurity company by the Google-owner has cleared a U.S. Justice Department antitrust review

Rappaport spoke at a Wall Street Journal event on Tuesday

GOOGL is trading near its record high of $291.59, which it hit last week

The deal would be Alphabet's largest acquisition, integrating Wiz into Google's cloud unit and enhancing its cybersecurity solutions

GOOGL is up 49.7% YTD vs NASDAQ Composite Index's .IXIC 21.9% increase