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Trump: Tech giants 'better be careful'

Published 08/28/2018, 03:17 PM
© Reuters.  Trump: Tech giants 'better be careful'
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  • If there were a "regulation volatility" index for big social media firms, it would be ticking up again right about now.
  • In Oval Office comments, President Trump says Facebook (NASDAQ:FB), Google (GOOG, GOOGL) and Twitter (NYSE:TWTR) had "better be careful" as they're "treading on very, very troubled territory."
  • "It is not fair to large portions of the population," Trump says, following up a morning tweetstorm where he took on Google search results.
  • Some shares have turned lower in the session's last hour, while the stocks are all lower against the overall market/Nasdaq slight gains: FB -0.4%; GOOG -0.7%; GOOGL -0.6%; TWTR -0.5%.
  • Now read: Facebook: DCF Valuation Update After Quarterly Results


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