Alphabet, which is the parent company of Google, might be buying a security company called Wiz for $23 billion. If they do buy Wiz, it will help Google compete better with Microsoft and Amazon in the cloud storage business. People are also thinking that if Donald Trump gets re-elected, we might see even more big tech companies buying other companies to get better at what they do. Read from source...

Alphabet is reportedly in talks to acquire cybersecurity startup Wiz Inc. in a deal valued at $23 billion. However, this acquisition is not yet confirmed and could still fall through. Wiz specializes in cloud storage security and could strengthen Alphabet's standing in the competitive cloud market. If completed, the acquisition would be the largest ever for Alphabet. This acquisition would indicate a major investment in the cybersecurity space to enhance its flagship Google Cloud Platform offering. According to Wedbush analysts, this could be just the beginning of a massive M& A cycle for Big Tech in 2025.

bullish

The potential acquisition of cybersecurity firm Wiz by Alphabet is seen as a bullish move, according to Wedbush analysts. They argue that this acquisition would indicate a significant investment in the cybersecurity space by Alphabet to enhance its Google Cloud Platform offering. It could also signal the beginning of a more substantial M&A cycle for Big Tech in 2025 if Donald Trump wins the Presidential election in November.