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Donald Trump's strange way of thinking

(CNN) "There is nothing either good or bad," Hamlet tells his old childhood buddies in Shakespeare's play, "but thinking makes it so." President Donald Trump borrowed that principle this week as he strove in vain to turn bad news about the coronavirus into some kind of positive, casting the fast-growing number of cases as a good thing -- evidence of success in expanding testing. "We're doing so well after the plague," he told thousands of students at a rally in Arizona, where Covid-19 cases are spiraling up. "It's going away." In reality, the number of new Covid-19 cases was increasing over the prior week's levels in more than 30 states by Friday. Dr. Robert Redfield, director of the US Centers for Disease Control and Prevention, told a Congressional committee that Covid-19 has "brought this nation to its knees." Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, gave this ad...

Why Facebook Stock Just Dropped 6.5%

What happened Facebook  ( NASDAQ:FB )  stock took a hit in Friday trading, falling 6.5% through 12:10 p.m. EDT, in the wake of an announcement from  Verizon   ( NYSE:VZ )  last night that it is "pausing" purchase of online ads from Facebook and its wholly owned Instagram subsidiary.  So what On Thursday, the Anti-Defamation League published an open letter criticizing Verizon for the presence of one of its ads found on Facebook "next to a video from the conspiracy group QAnon drawing on hateful and antisemitic rhetoric." Just hours later, after close of trading on the Nasdaq, Verizon announced that it is pulling its ads until Facebook "can create an acceptable solution that makes us comfortable" and ensure that Verizon's ads won't appear on the same page alongside posts that Verizon customers might find objectionable. Now what How big of a deal is this for Facebook? Advertising analytics company Pathmatics estimates that Verizon spe...