• FAANG stocks have seen $600 billion of market value wiped out - here's how much each one is on sale

    3 days ago - By Business Insider

    Facebook, Apple, Amazon, Netflix, and Google have had more than $600 billion of market value wiped out from their recent peak.
    Even though these stocks are bouncing back on Friday, they are significantly below their highs.
    Facebook has been hit the hardest among the FAANGs.
    Watch Facebook , Amazon , Apple , Google and Netflix trade here in real time.
    The stock market selloff has crushed the FAANG stocks.
    Facebook, Apple Amazon, Netflix, and Google - once considered to be some of the hottest stocks in the market - have now lost $604.3 billion since their recent peak. On Wednesday alone...
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  • ‘Expensive Energy Is Back:' Why the World Should Prepare for Higher Prices Even Though There's Plenty of Oil

    ‘Expensive Energy Is Back:' Why the World Should Prepare for Higher Prices Even Though There's Plenty of Oil

    3 days ago - By Fortune

    Energy prices may soon rise, but not for anything to do with Peak Oil-the theory that production will soon reach a peak and begin to fall-the International Energy Agency predicts in its Oil Market Report released Friday .
    Overall supply has actually grown to record highs of over 100 million barrels a day thanks to a mix of factors such as the American shale boom and more production in Libya and Nigeria.
    Several other factors suggest that prices should fall: The EIA is revising its forecast demand growth for 2018 and 2019 downward by 100,000 barrels a day from its previous report. And...
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