News Formal

Big Tech was the heart of the bull market. Now it's under fire

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Washington, hopelessly divided on countless critical issues, has found a common enemy in Big Tech. That bipartisan backlash poses a threat to the epicenter of the decade-long bull market.

Facebook , Google owner Alphabet , Amazon and Apple tumbled on Monday after media reports revealed that US regulators have laid the groundwork for potential antitrust investigations of these dominant tech companies. Those stocks rebounded on Tuesday, though only Apple recovered its losses.

"Breaking up tech won't be easyHistory shows that the government has a mixed track record, at best, when it comes to breaking up large corporations.While the government successfully sued in 1974 to break up AT&T, that case took eight years to settle. After AT&T was broken up, one of the Baby Bells acquired AT&T and took its former parent company's name. CNN is now owned by AT&T .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Help the Sudanese people stop the bloodbath and defeat the Janjaweed terrorist organizations

Help the Sudanese people stop the bloodbath and defeat the Janjaweed terrorist organizations

Help the Sudanese people stop the bloodbath and defeat the Janjaweed terrorist organizations

Help the Sudanese people stop the bloodbath and defeat the Janjaweed terrorist organizations

NEW: Migrant deaths along US border up 312%. Only, when illegals sneak into the US, it's to do jobs white people won't. See our report on migrant workers NOW.

🤠

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines

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

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 »

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 »