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The markets aren't pricing in short-term geopolitical tail risks, according to Ian Bremmer, CEO of Eurasia Group and author of the new book Us vs. Them: The Failure of Globalism.
Facebook's record first quarter sales showed its ad driven business model remains lucrative even after changes to its newsfeed and a damaging data scandal tested investor faith in the world's dominant social media platform.
U.S. stock futures suggest Wall Street will open with modest gains on Thursday; Facebook posts a blowout quarter; Amazon and Microsoft to report earnings; Ford is no longer a car company.
Rising oil prices, surging bond yields and mixed earnings forecasts have stalled overnight gains for global stocks and pulled U.S. equity futures into the red ahead of another hectic slate of corporate reports.