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Wall Street Breakfast: the technological repression looking for alpha
Listen on the go! A daily Wall Street Breakfast podcast will be available at 8:00 am on Seeking Alpha, iTunes, Stitcher and Spotify (click on the highlighted links). The House Judiciary Committee unveiled last Monday an in-depth review of unidentified technology companies, as reports revealed a dual effort by DOJ and the FTC to fight the domination and potential abuse of Big Tech. Shares plummeted yesterday in response: Facebook (FB) -7.5%, Alphabet (GOOGL) -6.1%, Amazon (AMZN) -4.6% and Apple (AAPL) -1%. "The growth of monopoly power in our economy is one of th …
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