GVA Research’s David Garrity joins BNN to discuss why the divisive U.S. election could help Facebook and how it will aid the social media company in its quest for more targeted advertising. Read more in David’s Investopedia article on the subject: Who Benefits From Presidential Campaign Ads? Facebook (FB)
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Facebook’s profit margins have expanded substantially and about 1.2 billion of monthly active users are online daily, shares GVA Research’s David Garrity.
Tech – Buying Opportunity Potential Limited By Currency War Prospects: Off the back of reassuring developments (e.g. positive U.S. Dec 2015 employment report, China limiting insider sales and scrapping circuit breakers), the burgeoning panic permeating the markets since the start of 2016 trading has momentarily dissipated and the tech sector is leading the market advance
Fifteen years ago the 4 stocks that dominated the Nasdaq were Oracle, Microsoft, Intel, and Dell. Today it’s Facebook, Google, Amazon, and Apple – these four stocks hold dominant positions in the tech sector and have been among the biggest engines driving the Nasdaq, do you see it staying this way for the foreseeable future?
