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How Democrats could end Wall Street’s infatuation with Facebook, Amazon and Google

How Democrats could end Wall Street’s infatuation with Facebook, Amazon and Google

Brace for it, tech bulls. Those investors who have been conditioned these past five years to only expect big tech stocks Facebook (FB), Amazon (AMZN) and Google (GOOG, GOOGL) to do one thing — go up, and go up huge — may be in for a wake-up call in coming quarters as the newly emboldened Democratic party looks to drop the regulatory hammer on these powerful giants. “We continue to anticipate that the regulatory overhang for mega-cap internet companies will continue in 2021 and see a… Source link

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