GOOGL SHORT
Google's stock faces significant bearish risks due to mounting antitrust pressure, particularly the U.S. Department of Justice's push for the company to sell its Chrome browser to curb its monopoly on internet searches, which could disrupt its operations and financials. Additionally, the UK is investigating Google’s dominance in the mobile browser market, and any negative outcomes from this probe could harm its competitive position. Compounding these challenges, increased competition from AI firms like Anthropic, which Amazon is heavily investing in, and the potential threat from OpenAI’s browser plans could erode Google’s market share in critical areas such as advertising and AI, further undermining investor confidence and long-term growth prospects.
Break Blue dotted support, I believe we see $150.
Break Blue dotted support, I believe we see $150.
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