Is this info a short signal for facebook, microsoft,Amazon, Google and other tech giant companies

Discussion in 'Stocks' started by George858, Feb 11, 2020.

  1. Dear Gods and Elite Traders:

    Since some techique giant companies has ascending for over decades, is the below news from InteractiveBrokers and USA FTC a short signal for facebook, microsoft,Amazon, Google and other techique giant companies?

    Below is Transfered from InteractiveBrokers and USA FTC:
    UPDATE 4-FTC demands data on small buys by Google, Amazon, Apple, Facebook, Microsoft
    (Adds context in first paragraph; adds Microsoft, analyst
    comments)
    By Diane Bartz and Nandita Bose
    WASHINGTON, Feb 11 (Reuters) - Concerned that big tech
    companies are unfairly engaging in potential anti-competitive
    behavior, the Federal Trade Commission said on Tuesday it
    ordered Alphabet Inc's <GOOGL.O> Google unit, Amazon.com Inc
    <AMZN.O>, Apple Inc <AAPL.O>, Facebook Inc <FB.O> and Microsoft
    Corp <MSFT.O> to provide information on mergers that were too
    small to report to antitrust regulators.
    The queries come as the Justice Department, the FTC, state
    attorneys general and the House Judiciary Committee are
    investigating the big tech platforms, which are accused of
    unfairly using their clout to defend market share or expand into
    adjacent markets.
    Much of the criticism has focused on massive deals such as
    Facebook's acquisition of Instagram and Amazon's purchase of
    Whole Foods, but the companies also have spent billions on
    smaller companies, dramatically changing the competitive
    landscape in emerging tech sectors.
    FTC Chairman Joseph Simons said notices being issued to Big
    Tech companies were intended for research but could lead to
    enforcement action.
    "If during the study we see that there are transactions that
    are problematic ... we could go back and initiate enforcement
    action to deal with those transactions," said Simons.
    The notices were not meant to be a warning to the companies
    but were designed to identify areas that need more antitrust
    enforcement, he added.
    The FTC will study "hundreds" of acquisitions made by the
    companies and aims to finish its study "quickly," agency
    officials said.
    "It depends what they do with it," said Matt Stoller,
    research director at the American Economic Liberties Project and
    a vocal critic of big tech companies. "I'm not going to say this
    is good until they do something that impacts power."
    Google, Amazon.com, Apple and Facebook did not immediately
    respond to requests for comment.
    "We look forward to working with the FTC to answer their
    questions," a Microsoft spokesman said.
    The agency asked for information about deals that were done
    between Jan. 1, 2010 and Dec. 31, 2019, and require each company
    to identify transactions that were too small to report to the
    FTC and Justice Department, which assess mergers for compliance
    with antitrust law.
    The tech giants have come under fire from both sides of the
    political spectrum, with Republicans irked by what they say is a
    stifling of conservative voices on social media and Democrats
    angered by increasing consolidation.
    Senator Elizabeth Warren, who is running for president, has
    explicitly urged federal regulators to undo "anti-competitive
    mergers," including Amazon's purchases of Whole Foods and
    Zappos, Facebook's purchase of WhatsApp and Instagram, and
    Google's acquisitions of Waze, Nest and DoubleClick.
    Paul Holland, a general partner at Foundation Capital, said
    big tech players' frequent purchases of start-ups have been a
    double-edged sword.
    "They've created a true marketplace for startups. They've
    created a destination for them," he said. But Holland added that
    the limited number of potential acquirers has also created an
    "oligopolistic competitive environment" for those sales.
    Facebook acquired dozens of companies between 2010 and 2019,
    according to S&P Global Market Intelligence data, including
    eye-catching purchases like WhatsApp and Instagram as well as
    smaller transactions in ad tech, facial recognition and social
    analytics.
    Alphabet spent $1 billion on an unspecified number of small
    acquisitions in 2019, according to securities filings. Many were
    companies working on artificial intelligence research and cloud
    computing services, areas in which Google is trying to innovate
    quickly and has sought to bolster hiring.
    With the exception of its $3 billion purchase of headphone
    and streaming company Beats in 2014, Apple has mostly made small
    deals valued at less than $500 million over the past decade,
    snapping up small companies working on key technologies such as
    augmented reality displays, camera sensors and artificial
    intelligence software.
    In fiscal 2019, Microsoft made 19 small acquisitions for
    $1.6 billion, mostly in cash.
    Microsoft has sought to consolidate its position in the
    business software market, with major acquisitions such as the
    LinkedIn social network for business professionals and the code
    repository site GitHub. Since buying LinkedIn, which also
    fielded offers from Salesforce Inc <CRM.N>, Microsoft has begun
    integrating its social network data with Microsoft products such
    as Outlook email.

    (Reporting by Diane Bartz, Katie Paul, Nandita Bose, Paresh
    Dave and Stephen Nellis, Editing by Franklin Paul, Richard Chang
    and Dan Grebler)
    ((Diane.Bartz@thomsonreuters.com; 1 202 898 8313;))

    Rank : positive
     
    murray t turtle likes this.
  2. Cuddles

    Cuddles

    likely political & going after Amazon, they just can't be explicit about it and just say Amazon only.
     
  3. %%
    Looks like a short signal if you like shorting tech in 1999 markets[sarcasm]'Me, when i do short stuff its weaker as DAL AMR or like SDOW, the weaker of SPY,QQQ, DOW/DIA...................................................................................................
     
  4. Hi, guys, is my this arthicle so strong to cause Tssla, GOOGLE, FB, VONG's great decrease these 4 days?

    And is there anyone know the SEC201 stop short on TSLA, but does SEC201 also stop short on TSLA CFD too?
     
  5. No, I count mistake, the world's tech giant on NASDAQ has decrease for over 6 days,
    Is Nasdaq's bear market coming now?
     
    murray t turtle likes this.
  6. Hi, Dear Elite traders, is the below news really good for TSLA stock's go up, or the fact is that the news for TSLA to sell plenty stock to make stock crash down for over 7 days?

    Tesla And PG&E To Build World's Largest Battery Farm
    Tesla Inc. (NASDAQ:TSLA) and PG&E received the approval from county planners to build a massive battery farm in Monterey, California.



    What Happened


    Tesla will work with PG&E Corporation (NYSE:PCG), or the Pacific Gas and Electric Company, to build the world’s largest battery facility able to store energy generated by both solar and wind power.



    Monterey County Planning Commission has unanimously approved the Tesla-PG&E joint venture, according to the local broadcaster KSBW8.



    The Moss Landing Power Plant will serve as the base for the renewable energy facility to be developed jointly by both companies. The battery farm will utilize lithium batteries to store energy and transmit power to areas of Monterey County and parts of Silicon Valley.



    Why It Matters


    California’s Renewables Portfolio Standard program mandates that 60% of the energy generated in the state be from renewables by 2030, and 100% electricity be derived from carbon-free resources by 2045.



    Tesla has worked with PG&E on smaller power storage projects in the Sacramento area in the past.



    What Else Is There


    Tesla and Panasonic Corp (OTC:PCRFY) have ended their partnership to manufacture solar energy-harvesting roof tiles in its Gigafactory 2 located in New York state.



    Price Action


    Tesla shares traded 3.53% lower at $655.02 in the after-hours session on Thursday. The shares had closed the regular session 12.81% lower at $679.



    PG&E shares traded 2.69% lower at $15.89 in the after-hours session on Thursday. The shares had closed the regular session 2.33% lower at 16.33.



    Photo Credit: Courtesy of Tesla.com.


    Copyright © Benzinga. All rights reserved. Write to editorial@benzinga.com with any questions about this content. Benzinga does not provide investment advice.



    Rank : positive

    Related tickers: P G & E CORP (PCG), PANASONIC CORP-SPON ADR (PCRFY), TESLA INC (TSLA)

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  7. %%
    Let see if QQQ closes above 200 dma; so far so good for the bulls.See what QQQ does by close??
    TSLA + DAL still going down. I took profits on TZA, time is not the bears friend.................................................................................................