Google Avoided A Nasty Breakup: Maintaining A Buy

Google (NASDAQ: GOOG ) (NASDAQ: GOOGL ) surged over 7.2% in extended trading on Tuesday after the company avoided a potentially damaging breakup of its business. The company, as ruled by U.S. District Judge Amit Mehta, won’t haveI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one ...