Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
FACEBOOK, GOOGLE: Russian threat? Give me a break
Recently, the Russian officials shared collective grief of the Russian state-backed media companies that Twitter, Facebook, and Youtube censor their content.
Geopolitically, it’s funny, of course: those three media services come from the US, and it makes full sense if certain Russia-backed content would be blocked. Russia and the US have rarely been friends, really. On top of that, there would be no financial danger for Twiter, Facebook, and Alphabet to do that as the Russian audience is hardly a major market for their services.
That’s why, while it may be something for the US diplomats and political strategists to take into account, it can hardly have any effect on the stock price of the corresponding companies. Facebook, for example, is in an uptrend: still a bit subdued, but, no doubt, it will eventually beat $290, then $300 and make a new all-time high. The same applies to Google.
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The US Department of Justice thinks 87% a market share is too much for Google alone. The market thinks it's ok.