Facebook is beginning their defense in the public image of their latest issues with Cambridge Analytica, which is the firm that obtained personal information from millions of users. There are two separate issues and the first is peoples information being used for political gain. Many believe the elections were swayed due to this information being obtained. The second issue t... [more]
The FANG stocks have been thought of as overvalued in the current market climate and that may be trust. Both Facebook and Amazon are off their prior highs, giving investors potential value should the company be fundamentally solid.
President Trump and his Administration have begun putting pressure on these companies for various reasons, from security to market sizes. Combine that with a nearly decade long bull run, it is a recipe for profit taking and portfolio repositioning.
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