Alphabet in talks to acquire Wiz for $30 billion, retail sentiment bearish.

From Stocktwits: 2025-03-17 23:32:18

New York-based cloud security startup Wiz, founded in January 2020, has more than 45% of the Fortune 100 companies as customers. Alphabet, Inc. (GOOGL) (GOOG) stock is rumored to be in talks with Wiz for a potential deal worth $30 billion, making it Alphabet’s largest acquisition ever. The deal comes amid financial market uncertainty and regulatory concerns over Alphabet’s search dominance. Wiz, backed by top venture capital firms, has a cloud security platform used by major tech companies. Retail sentiment toward Alphabet stock remains ‘bearish.’ Alphabet stock closed down at $164.29 on Monday.



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