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Big Tech: Should Have Bought the Dip

 1 min read / 

big tech

After the tech world was rocked by the Cambridge Analytica scandal, reports of falling iPhone demand and fears of impending regulation, the industry’s biggest names have bounced back. Although Apple has retreated somewhat in recent weeks, Facebook’s share price has soared from a nadir of $150 to over $200 for a roughly 33% gain. While fears of data protection persist, Facebook’s advert business is roaring, particularly since Google AdWords has become rather costly for many small businesses. Amazon, meanwhile, is now the world’s second most valuable company with a market capitalisation of $825bn after it has gained nearly 100% over the past yeartech as it continues to venture into just about every conceivable line of business.

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