11/21/2023
Just seven technology stocks drove 70% of the S&P 500’s gains in the first two quarters of this year. This and widespread excitement over advancements in AI provide a backdrop against which the United States Department of Justice is fighting a landmark case against one of the leaders among those seven heavy hitters.
Many are calling the case the biggest in tech since the one brought against Microsoft back in the ‘90s. In fact, the DoJ’s lawsuit against Google draws explicitly from that very case. What might this portend for Google, other big-tech players, the market, and you?
Just seven tech stocks drove 70% of the S&P 500’s gains in the first two quarters of this year. Now, the US Dept of Justice is fighting a landmark case against one of those seven. What might this portend for Google, other big-tech players, the market, and you?