Many tech corporations aren’t profitable, so the price-to-earnings ratio can’t evaluate them. If you’re investing in one thing unproven, you want to make sure it has stable growth prospects. [newline]Both the Federal Trade Commission and forty six state attorneys general sued Facebook in December 2020. The suits allege the social media large used acquisitions to eliminate aggressive threats. The FTC is looking to drive Facebook to divest Instagram and WhatsApp.
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- Most lately he served as Global Head of Fixed Income and Currencies.
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