Facebook's stock footage (FB) running up a borderline insane 55% so far this year – this is one wildly risky tech investment.
<p class = "canvas-atom canvas- text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" If not the riskiest among the FAANG (Facebook, Apple, Amazon, Netflix and Alphabet's Google) cohort because of heightened scrutiny by worried lawmakers. " data-reactid = "1
"There is going to Isaac Boltansky, Compass Point director of policy research, said on Yahoo Finance's The First Trade.
Boltansky continued, "So they end up in the political sphere, they have the most risk
It's hard to argue with Boltansky's sentiment.
Nonetheless, it remains on Facebook chatted with are upbeat on Facebook's growth potential and retention.
This collective bullish group may well be watching closely as Facebook is faring on Capitol Hill this week.
Heavy criticism of Facebook's crypto plans
Libra would harm consumers (among other negative to it). In two days of testimony, lawmakers have used Libra concerns to stoke fresh worries on Facebook's power.
The top Democratic Senator on the Banking Committee Sherrod Brown has told Yahoo Finance's Jessica Smith Facebook Twitter Facebook Twitter Facebook Twitter Facebook Twitter Facebook Twitter Facebook YouTube Finance See the same in the tech companies. That's why people in this country have been suffering from the hassles and failures for many years now power, "said Brown.
Brown called Facebook" dangerous "and ripped the company over Libra.
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