The possible re-election of Donald Trump as US President could pose massive challenges for tech giant Alphabet. Analysts and investors are concerned about potential impacts on the company, particularly regarding stricter regulations and political interference.

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"Even during Trump's first term, Alphabet came under scrutiny from US regulators. A lawsuit filed against the company in 2020 addressed the monopoly position of Google's search engine. It was not until August 2023 that a judge determined that Google indeed holds a dominant market position. If Trump were to be re-elected, efforts to break up Alphabet could gain new momentum, which could have serious consequences for the company and its shareholders.

Another risk is Trump's potential influence on monetary policy. The former president has already announced that he wants to have a greater impact on the Federal Reserve's interest rate policy. Such interference could lead to uncertainties in the markets and significantly burden Alphabet, which depends on stable financing options and a solid economic situation.

Despite these potential risks, most analysts remain optimistic. On the financial platform TipRanks, nine out of eleven listed analysts recommend buying Alphabet stock. The average price target is $208.44, which represents an upside potential of more than 27 percent compared to the current price of $163.40.

The upcoming political developments in the USA, however, could have far-reaching consequences for Alphabet and its shareholders. Investors are well-advised to closely monitor the situation and be prepared for possible political risks.