Will It Get Worse For Big Tech?

Money Talking | Mar 30, 2018

Investors call them the FAANGs — Facebook, Amazon, Apple, Netflix and Google — and in recent years, Wall Street has put a lot of faith in their continued success.

But in the last few weeks, tech sector stocks have fallen amid negative headlines: The scandal involving Cambridge Analytica has sent Facebook's stock sharply down. Then, after Axios reported that President Donald Trump asked if there was a way to "go after" Amazon, the online retailer's price fell sharply as well.

Tech companies are getting a lot more scrutiny from consumers, government officials and investors who are all raising questions about regulation, privacy and the future of technology in our lives.

This week on Money Talking, Charlie Herman speaks with Rana Foroohar, global business columnist for the Financial Times, about where the FAANGs go from here, and how it could affect our lives. 

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