Market Overview

Trading The Facebook Announcement

While the announcement of a Facebook video chat was not market moving, some news coming out of the conference can actually have an impact on your portfolio.

Facebook said that the company is going to build more data centers, as opposed to leasing them going forward. A few related names in this space are Equinix (NASDAQ: EQIX), Digital Realty Trust, Inc. (NYSE: DLR), and DuPont Fabros Technology, Inc. (NYSE: DFT).

Posted-In: cloud computing FacebookLong Ideas Movers Tech Trading Ideas

 

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