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Forget Apple, Facebook Could Be The $1 Trillion Company
Thursday, July 21, 2016 - 3:26pm | 374If any company is to achieve a $1 trillion valuation, it would be Apple Inc. (NASDAQ: AAPL), right? Not so fast. CNN Money's Paul LaMonica made the case that Facebook Inc (NASDAQ: FB) could nearly triple in size from its current $350 billion valuation and be worth $1 trillion. Which of...
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Could Donald Trump Save Twitter?
Tuesday, July 19, 2016 - 3:32pm | 323Twitter Inc (NYSE: TWTR)'s stock has lost nearly 50 percent over the past year, and even if the stock were to erase all of the past year's losses, it is still far removed from its all-time high of $74. If Twitter needs to be saved, it could find a savior from an unlikely source: the presumed...
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Post-Brexit Panic Isn't Over, CNN Money's LaMonica Says
Friday, July 1, 2016 - 11:27am | 341Global equities are in the process of recovering from the post-Brexit turmoil. The Dow Jones index is within striking distance of the 18,000-level yet again while the UK's FTSE 100 index is on pace for its best weekly performance in years. On the other hand, CNN Money's Paul LaMonica cautioned...