Google's 'unfair' monopoly case will put pressure on Big Tech: David Nicholas
David Nicholas, President of Nicholas Wealth Management, discusses the implications of Google's ongoing monopoly case and how it could affect the stock prices of Big Tech companies, especially Google and Apple. He suggests that the EU's regulatory challenges to these companies could lead to increased scrutiny and potential decline in their stock values.
Stock Forecasts
GOOGL
Negative
The ongoing scrutiny and regulatory pressures on Google may lead to a decline in its stock value as investors react to potential legal and compliance costs. Additionally, similar pressures on Apple could also weigh on its stock performance.
AAPL
Negative
With increased investigations and the potential for regulations, the sector could suffer as investors speculate on the impact of these investigations on market leaders. Apple, as another target of EU scrutiny, may face similar headwinds.
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