←back to thread

Google can keep its Chrome browser but will be barred from exclusive contracts

(www.cnbc.com)
858 points colesantiago | 3 comments | 02 Sep 25 20:26 UTC | HN request time: 0.547s | source
Show context
motoxpro ◴[02 Sep 25 21:23 UTC] No.45109234[source]▶
Thank goodness. Them spinning that out would have been a nightmare. Bad day to be Apple.

Edit: I just checked the stock, I had no idea people priced in a split with that much certainty.

replies(2): >>45109299 #>>45109698 #
1. diamond559 ◴[02 Sep 25 22:01 UTC] No.45109698[source]▶
After hours moves can be dramatic, we'll see where it's at tomorrow w/ full volume. It's good news for sure but you can't tell me Wall Street actually thought they would be broken up or anything drastic.
replies(2): >>45110088 #>>45110141 #
2. FergusArgyll ◴[02 Sep 25 22:45 UTC] No.45110088[source]▶
It's not a binary will it won't it. You have to assign odds to it & if the odds are 10% you need to hedge that. Now you don't anymore
3. crazygringo ◴[02 Sep 25 22:51 UTC] No.45110141[source]▶
> but you can't tell me Wall Street actually thought

It's not binary. "Wall Street" is a lot of people independently pricing what they think is the probability and impact.

But so yes, Wall Street was absolutely pricing in a drastic breakup to some degree. If they'd thought it was even more likely, the bump would have been even larger.