CNBC's "Fast Money" Google’s Future In Question… And The Black Market Of Obesity Drugs 10/9/24
Oct 9, 2024
Eamon Javers, a CNBC reporter, dives into the DOJ's bold move to break up Google, discussing the potential impacts on the tech giant and investors. Andy Constant shares insights on the economy and interest rates, highlighting market uncertainties. Gene Munster offers a bullish perspective on Tesla while teasing an upcoming robotaxi event. They also uncover the alarming rise of counterfeit obesity drugs, exposing health risks and the chaos in the weight loss market, encouraging consumer awareness amidst this hidden danger.
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DOJ Proposal Impact
- The DOJ's proposal to break up Google is causing uncertainty in the market.
- This uncertainty is reflected in Google's stock price drop, despite its strong business model.
Google Breakup Value
- Breaking up Google might increase the sum of its parts' value.
- However, the DOJ aims to dismantle the core monopoly, not spin off unrelated ventures like YouTube or Waymo.
AI and Data Control
- The core issue with Google is its AI development and data control.
- If data is dispersed more evenly, it could threaten Google's dominance in the next generation of AI.