Big Tech stocks bounce back as analysts say not to worry about antitrust overhang

The federal government may be mulling antitrust investigations of the Big Tech pantheon of Alphabet Inc.’s Google GOOGL, +1.52% GOOG, +1.62% , Apple Inc. AAPL, +3.66% , Facebook Inc. FB, +2.04% and Amazon.com Inc. AMZN, +2.18% , yet financial analysts insist investors have little to worry about for the foreseeable future.

Google and other big tech companies are locked in intensifying competition across multiple markets, analysts also pointed out. While federal regulators could scrutinize the reach of Google’s search and programmatic advertising, and “interplay” between the company’s app ecosystem and Android operating system, Sheridan theorizes, Google is slugging it out with Amazon, Apple, Facebook, Microsoft Corp. MSFT, +2.77% , Netflix Inc. NFLX, +4.

Wedbush Securities analyst Daniel Ives feels much the same way about Apple, for which he maintains an outperform rating and price target of $235. A potential Justice Department investigation, Ives wrote in a note to investors, “will be an overhang on the stock, but ultimately we would encourage investors to focus on the fundamentals of Apple in the near-term as any probe would take many years to complete as we witnessed firsthand with Microsoft in the late 1990’s/early 2000s.

Did big tech write this?

Yeah calm down, the fix is already in. “Hal what are you doing ?”

You folks sound delusional

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Feds target four of the biggest tech companies in U.S., and their stocks are getting slammedA federal government crackdown on big tech is punishing Big Tech on Monday, with Shares of Alphabet Inc., Amazon.com Inc. , Facebook Inc., and Apple Inc.... breakapart the monopolies! Barnes_Law If it gets to the point of settlement negotiations in a suit, the DOJ should seek as part of the settlement that the tech companies must allow communication to the fullest extend under the 1st Amendment. QQQ hit ... stay clear of leveraged ETFs
Source: MarketWatch - 🏆 3. / 97 Read more »

The government is threatening big tech — and the market just took noticeApple, Google, Facebook and Amazon are facing potential regulatory scrutiny and investors are paying close attention. these r some of the dirtiest companies on planet run by far left radicals pushing their sick and twisted perverted progressive world view on society and limiting and destroying those who they dont agree with! break em up and fine them a massive sum $$$$ JackPosobiec Good good good good news.
Source: CNBC - 🏆 12. / 72 Read more »