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Analysts Warn of Potential Risks for Alphabet Amid Google Breakup Speculations, Despite Stock Gains
17 August 2024
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Zaker Adham
Summary
Summary
Despite skepticism on Wall Street about the Justice Department's likelihood of breaking up Google, potential risks for Alphabet remain significant.
Barclays analyst Ross Sandler noted in a Thursday report that while many investors are optimistic about the recent antitrust case's impact on shareholders, he believes it's premature to dismiss the potential dangers.
