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A man takes a photo of new Google products on display during the Google I/O conference at Shoreline Amphitheatre in Mountain View, California on May 7, 2019.

Josh Edelson | AFP | Getty Images

Not all FAANG stocks will survive and thrive in regulators’ battle to breakup big tech, according to Needham.

Given an overall deceleration in growth for FAANG stocks and heightened regulatory scrutiny on big technology companies, Alphabet is better positioned than Facebook, the firm said.

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