Tech Risks Pile Up as ‘Treacherous’ Antitrust Looms Over Stocks
Tech companies remain broadly liked by investors for their dominant market positions and balance-sheet strength.
Photographer: Toru Hanai/BloombergThis article is for subscribers only.
Among the many headwinds facing big tech these days, a perhaps-unexpected one continues to nag at investors: an aggressive antitrust posture coming out of Washington.
Just as the Trump administration’s focus on tariffs has roiled markets, its hard-line view against megacap tech stocks — many of which are facing antitrust or regulatory probes — has also caught some off guard.