Big Tech Breakup 'Highly Unlikely' Despite Google's DOJ Antitrust Setback, Says Wedbush's Dan Ives, But Expect 'Business Model Tweaks'
Portfolio Pulse from Pooja Rajkumari
Wedbush's Dan Ives believes a breakup of major tech companies is 'highly unlikely' despite the DOJ's recent antitrust victory over Google's monopolistic practices. Instead, he expects business model tweaks and increased scrutiny of mergers and acquisitions. The DOJ's consideration of a breakup bid for Google marks a significant regulatory move, but legal battles could drag on for years.
August 14, 2024 | 12:52 pm
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Google faces increased regulatory scrutiny following the DOJ's antitrust victory, but a breakup is deemed 'highly unlikely' by Wedbush's Dan Ives. Expect business model tweaks and prolonged legal battles.
The DOJ's antitrust win against Google increases regulatory pressure, but a breakup is unlikely. This could lead to business model adjustments and prolonged legal battles, negatively impacting Google's stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Google faces increased regulatory scrutiny following the DOJ's antitrust victory, but a breakup is deemed 'highly unlikely' by Wedbush's Dan Ives. Expect business model tweaks and prolonged legal battles.
The DOJ's antitrust win against Google increases regulatory pressure, but a breakup is unlikely. This could lead to business model adjustments and prolonged legal battles, negatively impacting Google's stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Apple may face increased regulatory scrutiny following the DOJ's antitrust win against Google, but a breakup is unlikely. Expect business model tweaks and more scrutiny of mergers and acquisitions.
While Apple may face increased regulatory scrutiny, the likelihood of a breakup is low. This could lead to minor business model adjustments and more scrutiny of M&A activities, with a neutral short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEUTRAL IMPACT
Amazon may face increased regulatory scrutiny following the DOJ's antitrust win against Google, but a breakup is unlikely. Expect business model tweaks and more scrutiny of mergers and acquisitions.
While Amazon may face increased regulatory scrutiny, the likelihood of a breakup is low. This could lead to minor business model adjustments and more scrutiny of M&A activities, with a neutral short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEUTRAL IMPACT
Meta Platforms may face increased regulatory scrutiny following the DOJ's antitrust win against Google, but a breakup is unlikely. Expect business model tweaks and more scrutiny of mergers and acquisitions.
While Meta Platforms may face increased regulatory scrutiny, the likelihood of a breakup is low. This could lead to minor business model adjustments and more scrutiny of M&A activities, with a neutral short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50