A breakdown of the NYSE FANG+ Index into companies that monetize customer information and those that have a more traditional goods and services business model shows a consistent outperformance for the latter. Photo: AFPTokyo: Investors discounted the threat of regulation in high-flying technology shares long before the recent data scandal at Facebook Inc. intensified calls for data protection. The first group may someday face stiffer regulations directly impacting their business models, according to The Leuthold Group’s chief investment strategist James Paulsen. Can regulation step in and stop what are effectively quasi monopolies?”The regulatory issue is at the forefront of investors’ minds this week. Facebook chief executive officer Mark Zuckerberg will testify before congressional panels in the US on Tuesday and Wednesday, and chief operating officer Sheryl Sandberg will also speak to the EU’s justice commissioner Vera Jourova.

Source: Mint April 10, 2018 15:00 UTC