Mentioned
Alphabet
GOOG
0.5700 (0.17%)
336.08
336.30
Alphabet Inc Class A
GOOGL
0.6700 (0.20%)
339.22
339.41
SPX500 Index (Non Expiry)
SPX500
6.39 (0.08%)
7675.69
7676.09
NASDAQ100 Index (Non Expiry)
NSDQ100
46.50 (0.16%)
29527.50
29529.40
State Street SPDR S&P 500 ETF
SPY
0.3300 (0.04%)
766.10
766.16
Michael Szumielewski
Michael Szumielewski
Germany
1y
Reportedly, the breakup fee for the Wiz acquisition by $GOOG (Alphabet) is unusually high at 3.2B on the 32B deal. From a logical standpoint, the purchase should go through since the company doesn't get any controlling market share out of this. However, regulators around the world are pretty negative on Big Tech and might find a reason to block it. Alphabet seems to be really desperate to get this done and is risking a lot of shareholder money with this deal. I'm not sure if it is worth it. $GOOGL (Alphabet Inc Class A) $SPX500 $NSDQ100 $SPY (State Street SPDR S&P 500 ETF)
Not investment advice. The author may have financial interests in the mentioned instruments.
5 Mentioned
Alphabet
GOOG
Alphabet
Alphabet Inc Class A
GOOGL
Alphabet Inc Class A
SPX500 Index (Non Expiry)
SPX500
SPX500 Index (Non Expiry)
NASDAQ100 Index (Non Expiry)
NSDQ100
NASDAQ100 Index (Non Expiry)
State Street SPDR S&P 500 ETF
SPY
State Street SPDR S&P 500 ETF
null
.