Facebook may have suffered from some bad public relations this year. But it continues to add users and post incredible gains in revenue and earnings. Facebook is now worth more than $500 billion. Russia doesn't matter to Wall Street.
IBM shares surged on solid earnings and boosted the Dow in the process. IBM already pays an extremely low tax rate and may benefit further from Trump tax reform. IBM also forecast sales growth for the first time in more than four years.
About 60% of the capital in the $100 billion Vision Fund comes from the Middle East but the region has yet to benefit due to a lack of larger startups.
Days after Twitter CEO Jack Dorsey promised there would be more aggressive rules coming to Twitter, the company outlined its policy changes in an email to its Trust & Safety Council on Tuesday.