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Investors looking for momentum might be interested in the First Trust Large Cap Growth AlphaDEX Fund (FTC). The fund recently reached a 52-week high and has increased by 43% from its lowest point of $103.42 per share over the past year.
Gene Munster, the managing partner at Deepwater Asset Management, appears on 'Squawk Box' to talk about how investors should view the FTC's examination of Microsoft, the political aspects of the FTC's inquiry, and other related topics.
According to several reports that support earlier information from the Financial Times, the FTC has started an antitrust investigation into Microsoft.
Khan, who has less than two months left in her position before the Trump administration begins, is making one final effort to control Big Tech.
Julia Boorstin from CNBC appears on 'Closing Bell Overtime' to share a report from Bloomberg about the FTC starting an antitrust investigation into Microsoft.
AUSTIN, Texas, Nov. 27, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a top provider of solar tracker systems, has announced a reverse stock split of its Common Stock at a 1-for-10 ratio. This will take effect at 5:00 PM Eastern Time on November 29, 2024, to meet the Nasdaq Capital Market's requirement of a minimum bid price of $1.00 per share. The reverse stock split will apply to all outstanding shares and will impact all stockholders equally.
A lawsuit from the Federal Trade Commission (FTC) that seeks to reverse Meta's purchases of Instagram and WhatsApp is scheduled to go to trial on April 14. Judge James Boasburg revealed the trial date on Monday, November 25, according to Reuters.
Meta Platforms, the owner of Facebook, is set to go to trial in April due to claims from the U.S. Federal Trade Commission. They allege that the company purchased Instagram and WhatsApp to eliminate potential competition. A judge in Washington announced this decision on Monday.
According to ProPublica, Microsoft's agreements with the government might have violated antitrust laws. In 2021, the company promised to invest $150 billion in government security improvements over a five-year period.
The Federal Trade Commission (FTC) is expected to look into possible anti-competitive behavior by Microsoft's cloud computing division. According to a report from Reuters on November 14, the investigation will examine claims that Microsoft misuses the market strength of its Office 365 software to promote its Azure cloud service.
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