Rob Black’s Winners & Losers: Uber shares slide after Wall Street debut

Bay Area

On today’s edition of Rob Black’s Winners & Losers, financial expert Rob Black talks with KRON4’s James Fletcher about Uber, Facebook, and China tariffs. 

Rob also answers the viewer question, “What is a safe investment during a ‘trade war’?”

China is raising tariffs on $60B of U.S. goods: China is raising tariffs on $60 billion of US goods starting June 1.

Uber shares slide after Wall Street debut: According to Bloomberg, Uber sold 180 million shares at $45 pieces on Thursday and Friday, and it never traded above that price. 

Lawmakers want to take a look at breaking up Facebook: Co-founder Chris Hughes is the latest in a series of prominent entrepreneurs and tech executives to call for stricter regulation of Facebook and other online platforms. 

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