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Ford has passed Tesla as the No. 2 US automaker by market capitalization. Both trail General Motors.
The company hit the milestone Thursday morning following its reported strongest third quarter ever and a spike in share price to $207.05.
Facebook’s market value plunged by $148 billion after Zuckerberg and company warned of a growth slowdown
After Facebook executives warned of slowing growth, investors showed their displeasure by dumping its stock.
In the unofficial race to become the first company with a market capitalization of $1 trillion, Apple still leads the pack, but Microsoft and Alphabet were both affected by turbulence abroad, shuffling the order.