The Trump administration’s antitrust posture is a headwind for big tech, with ongoing probes and trials against companies like Meta, Amazon, and Alphabet.
Despite expectations of a more favorable regulatory backdrop, the administration is continuing and even escalating antitrust actions started under the Biden administration.
The antitrust uncertainty is contributing to market volatility and impacting tech stocks, with the Nasdaq 100 Index down 19% this year, although some analysts view the risks as manageable and potentially creating buying opportunities. Dan Ives, Global Head of Technology at Wedbush Securities gives his outlook on tech and how this market will change US tech.
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