‘Very, very severe headwinds’: The threat to bust up Big Tech is giving some experts painful flashbacks to the financial crisis — and one has stopped buying those stocks entirely
|03/15/2019||Posted by BusinessMediaguide.Com under General World News||
- As calls to regulate or break up US tech giants increase, Wall Street sees a resemblance to past situations in which massive companies faced years of scrutiny and difficulty.
- Senator and presidential candidate Elizabeth Warren said recently that Facebook, Google, Amazon, and Apple should be split up to increase competition.
- Some experts now say the companies are in for an extended rough period. One money manager explained to Business Insider why he stopped buying those four stocks entirely.
With Big Tech squarely in the government’s crosshairs, some on Wall Street think that years of pain are coming for social media companies like <a target="_blank" read more >>>