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StockWatch: Facebook Hits $1Trillion!

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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.

Timestamps
– FB 02:00
– TSLA 03:30

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