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Facebook is the riskiest Big Tech company: leading strategist



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Do not be misled by the message from Facebook stock ( FB ) running up a borderline insane 55% so far this year – it's a wildly risky tech investment. "data-reactid =" 15 "> Do not be deceived by A message from the Facebook stock (FB) that runs up a borderline 55% off today this year – it's a wildly risky investment tech.

<p class = "canvas-atom canvas-text Mb (1

.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "If not riskiest on FAANG, Apple, Amazon, Netflix and Google & # 39; s Alphabet) group due to scrutiny by concerned legislators. "data-reactid =" 16 "> If riskiest between FAANG (Facebook, Apple, Amazon, Netflix and Google & # 39; s Alphabet) group due to heightened investigation by concerned legislators

<p class = "canvas- atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" "There will be massive amounts of focus on how Facebook policies are contained during upcoming election – that's why I personally think they are the riskiest of tech names from a policy perspective, "Isaac Boltansky, & nbsp; Compass Point & nbsp; director of policy research, told Yahoo Finance & nbsp; "I think any struggle they have with election policy will be things in front of the page and will have a great deal on Capitol Hill." "Data-reactid =" 17 ">" There will be a tremendous amount of focus on how Facebook content contained in the forthcoming elections – that's why I personally think they're the techie of the tech names from a policy perspective, "said Isaac Boltansky, Compass Point policy research director, regarding Yahoo Finance's First Finance." I think any struggle they have in election policy will be things to front page and will have a strong focus on Capitol Hill. "

Boltansky continued," So from the end of the political sphere, they have the greatest danger from all the names of Big Tech. "

Difficult to argue with Boltansky's sentiment.

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content = "However, a strong bid remains below Facebook's price on its second quarter earnings release on July 24. Most Wall Street Yahoo Finance talked to the potential increases and maintaining a Facebook user. Gone in all these conversations is a sense of fear around the stock price from the DC's ongoing backlash that could lead to profit crushing regulations on Facebook. However, a strong bid remains below Facebook's price on its second quarter earnings release on July 24. Most Wall Street Yahoo Finance is talking about the ups and downs of Facebook users. Gone in all these conversations is a sense of fear around the stock price from the DC's ongoing backlash that could lead to profit crushing regulations on Facebook.

The collective bullish group probably should be closer to watching how Facebook is faring on Capitol Hill this week.

Strong criticism of Facebook's crypto plans

The social media giant has been blasted this week amid fears of its new cryptocurrency project Libra will harm consumers (among other negatives here ). Within two days of the testimony, lawmakers used Libra's concerns to remove fresh concerns over Facebook's power.

Sometimes the testimony has become controversial.

<p class = "canvas-atom canvas-text Mb (0) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The highest Democratic Senator at Banking Committee Sherrod Brown & nbsp; ] & nbsp; Facebook should be broken up. Brown certainly pulled no punches in his broader perspective on the company's position. The highest Democratic Senator in the Banking Committee Sherrod Brown was said that Yahoo Smith should destroy Yahoo's Facebook Finance. Brown certainly did not get his broader view of the company's position in society.

"They have inflicted much damage on our economy for 10 years ago because of their market power, and we see the same with tech companies. That's why people in this country came from loving tech companies over the past few years until the last four or five years of being very suspicious at the point of the many people now say, break them up, & # 39; because they have too many markets "says Brown.

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content = "Brown & nbsp; called Facebook "dangerous" & nbsp; and the company was buried in Libra. "[Brown] called" dangerous "on Facebook and broke the Libra company.

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8 Brian Sozzi is an editor-and-large and co-host of The First Trade to Follow him on Twitter @BrianSozzi "data-reactid =" 28 "> Brian Sozzi is a editor-and-big and co-host of The First Galaxy Yahoo Finance. Follow him on Twitter @BrianSozzi

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Read the latest financial and business news from Yahoo Finance

<p class = "canvas-atom canvas-text Mb (1.0em Follow Yahoo Finance at Twitter [1 9459022] [19659039] Flipboard [ SmartNews LinkedIn at reddit . "data-reactid =" 46 " SmartNews 19659029] YouTube and reddit .


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