Investors expect an antitrust 'sea change' under Trump. Legal experts aren’t so sure.

Published On Nov 7, 2024, 5:00 AM

Investors are optimistic about a potential shift in antitrust enforcement under President Trump, hoping for a more lenient approach that could benefit large corporations currently facing regulatory scrutiny. While stocks of companies like Capital One, Google, and Amazon rose following the election, legal experts warn that the actual changes may not be as drastic as anticipated. Some believe Trump may press forward with existing investigations into Big Tech, implying that a shift in strategy is uncertain. Trump's prior administration initiated several antitrust cases, setting the tone for potential continuity rather than a complete overhaul.

Read full article

Stock Forecasts

AI prediction results, not representative of any investment advice.

COF View COF chart on TradingView

Positive

The rise in stocks for companies under antitrust scrutiny suggests a market sentiment favoring deregulation under Trump. However, the mixed opinions among legal experts suggest cautious optimism, as existing investigations may continue rather than pause.

GOOGL View GOOGL chart on TradingView

Positive

Tech stocks are likely to see continued volatility as the sentiment around regulatory risks remains uncertain, particularly for companies like Google and Amazon, which may face ongoing scrutiny despite a potential softer enforcement approach.

Related News

Under Trump, Tech Giants Like Apple and Meta Face a Familiar Uncertainty

Nov 7, 2024, 5:04 AM

Apple, Amazon, Google, Meta and others learned during the last Trump administration to expect the unexpected when it came to Washington scrutiny and support.

GOOGL

AAPL

AMZN

Trump Bump 2.0? Experts Expect Another Audience Surge, With Caveats. - The New York Times

News fatigue and changing consumption habits could sap some of that enthusiasm over time, several news media experts said.

DIS

GOOGL

Wall Street scores political victory with a Trump win: 'This should aid all banks'

Nov 6, 2024, 8:28 AM

US bank stocks rallied following a decisive win by President-elect Donald Trump, in a sign that big Wall Street financial institutions expect to have an easier time in Washington under a new Republican administration.

JPM

BAC

COF