The 2020 presidential race could weigh on 'FANG' stocks as Democrats attack big tech

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As 2020 presidential campaigns accelerate, the dominance of Silicon Valley technology companies is likely to remain a key issue for Democratic candidates.

As 2020 presidential campaigns accelerate, the dominance of Silicon Valley technology companies is likely to remain a key issue for Democratic candidates, Bank of America analyst Justin Post said in a note to investors on Monday.

"The giant tech companies right now are eating up little, tiny businesses, start-ups – and competing unfairly," Warren told CBS on Sunday. Bank of America sees"a partial breakup of Alphabet " as possibly"value enhancing." With the broad reach of each of Alphabet's business units, as separate entities, each brand"has enough scale to capture vast advertiser interest," Post added.

While Bank of America did not include Apple in its breakup analysis, Warren confirmed to CNBC that she intends to break up the iPhone maker. In her interview with CBS, Warren argued that she is not against markets, which she said"produce a lot of good," but instead thinks"markets have to have rules."

 

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Fake news

Well that’s what happens when the president cuts taxes solely for the purpose of overcooking the market... it regresses to where it should be

Insane. This ain’t Trust Buster stuff girl.

Perhaps rather than attacking companies BECAUSE and AFTER they become wildly successful, the candidate(s) could propose laws that put that specifically put limits on how large any company can grow. If it's on their radar, companies can plan their growth vs. responding to suits

The Schoolmarm! FakeIndian

Ha ha good luck with your strategy.

I love this strategy by the Democrats!!! Keep it up!

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 12. in TH

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