DOJ goes after Big Tech—here's what 5 experts are watching now

in after-hours trading on Tuesday, and while they erased some of their losses Wednesday, experts remained cautious on these names.Wamsi Mohan, senior equity research analyst at Bank of America-Merrill Lynch, was focused squarely on Apple's upcoming earnings report on Tuesday:

"We've been on both sides of the Apple trade. We've had a downgrade last year when the stock was at [$]222. We upgraded the stock back at [$]170, when we saw improving trends back in China. Now, as we look at the services numbers, we do see that although the optics of it suggest that there was an acceleration in the quarter, there is an underlying dynamic within China that the trends got a little worse intra-quarter.

Loup Ventures founder and managing partner Gene Munster said that Facebook — which was also slapped with aby the Federal Trade Commission on Wednesday — would need some time to resolve its issues: "[Facebook CEO Mark] Zuckerberg now has some personal potential liability around the privacy, but that is insignificant. So, I think that the movement in Facebook shares today is all about what the Federal Trade Commission is going to do around better governance around some of these companies. And I want to take a quick step back and just kind of anchor the conversation to areas that they govern by.

Kevin Rippey, technology analyst at Evercore ISI, figured the damage could be worse — and his theory appeared to play out later Wednesday as tech stocks drove the

TradingNation Just make sure that you journalists at CNBC report the facts on this moving forward. My hunch is you will just report non stop on this issue, throwing out lots of info that may not be factual to get ratings.

TradingNation Can they go after big Gov at the same time?

TradingNation DOJ, YOU MEAN TRUMP’s PIMP?

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