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Big Tech Breakup Won’t Happen For This One Reason

The U.S. government recently announced it will launch an investigation into “big tech.” It is looking into whether Amazon (AMZN), Google (GOOG), and Facebook (FB) are too powerful and should be broken up. These are the 3rd-, 4th-, and 6th-largest companies on earth. Combined, they are worth over $2 trillion. …

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Is Nio Stock the Next Tesla?

Say what you want about Tesla (NASDAQ:TSLA), but it’s experienced big-time success. While it may be under pressure now, the stock has eclipsed a $50 billion market cap while putting hundr of thousands of electric vehicles out into the world. Can Nio (NASDAQ:NIO) be next? That’s exactly what investors who …

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GE Reaches Labor Deal With Union Leaders

General Electric Co. reached a tentative four-year agreement with a group of unions late Monday after a few weeks of negotiations, keeping a labor peace as the conglomerate restructures its operations. The agreement covers about 6,600 workers in 11 unions who work in various GE industrial divisions, including a power …

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Can Google’s Advertising Business Cross $200 Billion In 3 Years?

Per Trefis estimates, Alphabet’s (NASDAQ:GOOG) advertising revenues are likely to reach $211 billion by 2022 despite regulatory challenges and increased competition. The growth is likely to be driven by Google’s massive reach, utility value as a free online search provider, quality of search results as well as complementary digital assets (such as YouTube …

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Watchdog to investigate Neil Woodford fund suspension

The City regulator has launched a formal investigation into the suspension of Neil Woodford’s flagship investment fund amid criticism that the regulator was asleep at the wheel. In a new blow to the one-time star fund manager, the Financial Conduct Authority chief executive, Andrew Bailey, revealed the investigation in a …

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Tesla’s Results to Be Pivotal for TSLA Stock

A shift in sentiment has reversed the downtrend of the shares of Tesla, Inc. (NASDAQ: TSLA). Tesla stock has been boosted by rumors that TSLA had ramped up its production to 1,000 cars a day. The owners of Tesla stock will look to  get confirmation of that data point when …

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