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Google Strategy and their Mergers & Acquisitions

The US tech sector fell sharply during the month of May after U.S. regulators announced they would pursue antitrust action against large technology companies. The big FAMGA, specifically Facebook (ticker: FB), Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), and Amazon (AMZN) shares dropped off the cliff. Additionaly, Alphabet (Google’s parent company) is still unable to rise out of the valley as investors continue to worry about the large size of fines that Alphabet will have to pay, and the enormous impact it will have on its operating income.

Semiconductors Strong as Other Techs Teeter: Earnings This Week

Skyworks Solutions (SWKS), Microchip Technology (MCHP), On Semiconductor (ON) and Cypress Semiconductor (CY) all pushed higher after releasing their quarterly results. Some beat estimates and others merely came in line, but they all gained on hopes that the worst of the industry’s slowdown has passed.

Telstra Corporation Ltd or Singapore Telecom

Like its other telco rivals, Telstra operates in an ultra-competitive market with thinning margins and high-capital infrastructure spend. With competitors – including Optus, TPG Telecom Ltd (ASX: TPM) and Vodafone – spending big on new technology and aggressively pursuing new users and as clients become more choosy when it comes to their telco providers, Telstra faces a lot of challenges on several fronts.