StockWatch: Facebook Hits $1Trillion!
Facebook’s stock was boosted by more than 4% following a federal court dismissing the FTC’s antitrust complaint against the company.
The FTC had alleged that Facebook violated the nation’s anti-monopoly laws, which after the dismissal, pushed Facebook’s market cap past $1tn.
Tesla hit another bump in the road in China after a huge recall with its vehicles.
The problem, according to Chinese regulators, is that the system can be accidentally activated in certain models, resulting in unintended acceleration.
– FB 02:00
– TSLA 03:30