Facebook, Inc. (NASDAQ:FB), Amazon and Apple set records in annual spending on lobbying

Facebook, Inc. (NASDAQ:FB), Amazon and Apple set records in annual spending on lobbying

Facebook, Inc. (NASDAQ:FB), Amazon and Apple set records in annual spending on lobbying Facebook Inc., Amazon.com Inc. and Apple Inc. spent record amounts on lobbying in 2019, with Mark Zuckerberg’s social-media company leading the so-called FAANG companies in outlays aimed at influencing Washington, according to disclosures filed late Tuesday. Facebook FB, -0.70% shelled out $16.7 million […]

Facebook, Inc. (NASDAQ:FB), Amazon and Apple set records in annual spending on lobbying

Facebook, Inc. (NASDAQ:FB), Amazon and Apple set records in annual spending on lobbying

Facebook, Inc. (NASDAQ:FB), Amazon and Apple set records in annual spending on lobbying Facebook Inc., Amazon.com Inc. and Apple Inc. spent record amounts on lobbying in 2019, with Mark Zuckerberg’s social-media company leading the so-called FAANG companies in outlays aimed at influencing Washington, according to disclosures filed late Tuesday. The spending — which already was […]

Facebook, Inc. (NASDAQ:FB) Financial: 4Q Earnings Snapshot

Facebook, Inc. (NASDAQ:FB) Financial: 4Q Earnings Snapshot

Facebook, Inc. (NASDAQ:FB) Financial: 4Q Earnings Snapshot FB Financial Corp. (FBK) on Tuesday reported fourth-quarter net income of $21.6 million. The bank, based in Nashville, Tennessee, said it had earnings of 68 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 70 cents per share. The bank holding company posted revenue […]

Facebook, Inc. (NASDAQ:FB) stock has risen 180% over the last five years

Facebook, Inc. (NASDAQ:FB) stock has risen 180% over the last five years

Facebook, Inc. (NASDAQ:FB) stock has risen 180% over the last five years For more than two years, Facebook has found itself at the center of a string of controversies, from privacy and data concerns to accusations of democracy-destroying behavior and antitrust investigations from the Federal Trade Commission. CEO Mark Zuckerberg has been called to testify […]

Facebook, Inc. (NASDAQ:FB) shares hit new high amid growing optimism for its 2020 prospects

Facebook, Inc. (NASDAQ:FB) shares hit new high amid growing optimism for its 2020 prospects

Facebook, Inc. (NASDAQ:FB) shares hit new high amid growing optimism for its 2020 prospects Facebook shares hit an intraday record on Monday, eclipsing a level that was last reached in mid-2018, as growing optimism over its 2020 prospects were seen as overshadowing risk related to regulation. Wall Street has been growing more positive on the […]

Facebook, Inc. (NASDAQ:FB) Hits Record With Wall Street Looking Past Regulatory Risk

Facebook, Inc. (NASDAQ:FB) Hits Record With Wall Street Looking Past Regulatory Risk

Facebook, Inc. (NASDAQ:FB) Hits Record With Wall Street Looking Past Regulatory Risk Facebook Inc. shares hit an intraday record on Monday, eclipsing a level that was last reached in mid-2018 as growing optimism over its 2020 prospects were seen as overshadowing risk related to regulation. Wall Street has been growing more positive on the social-media […]

Facebook, Inc. (NASDAQ:FB) will continue to allow targeted political ads

Facebook, Inc. (NASDAQ:FB) will continue to allow targeted political ads

Facebook, Inc. (NASDAQ:FB) will continue to allow targeted political ads Facebook said it will continue to allow targeted political ads during the 2020 US presidential campaign and won’t prevent politicians from lying in ads they buy on the platform but will grant users more control over some of those that they are served when visiting […]

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps Off the top of my head, it’s difficult to come up with a name shrouded in so much controversy over a short period of time like Facebook (NASDAQ:FB). Starting from the Cambridge Analytica scandal in the spring of 2018, the social media […]

Facebook, Inc. (NASDAQ:FB) Shares Plan To Ban Deepfakes

Facebook, Inc. (NASDAQ:FB) Shares Plan To Ban Deepfakes

Facebook, Inc. (NASDAQ:FB) Shares Plan To Ban Deepfakes Facebook, Inc. (NASDAQ: FB) announced on Tuesday it will remove videos modified by artificial intelligence known as “deepfakes” from its platform. The deepfakes are computer-generated footage designed to look real. Facebook explains that manipulations can be made through simple technology like Photoshop or through sophisticated tools that […]

Facebook, Inc. (NASDAQ:FB) rose almost 1.9% on the day, closing at $212.60 per share, a 52-week high

Facebook, Inc. (NASDAQ:FB) rose almost 1.9% on the day, closing at $212.60 per share, a 52-week high

Facebook, Inc. (NASDAQ:FB) rose almost 1.9% on the day, closing at $212.60 per share, a 52-week high Shares of internet giant Alphabet closed out the day at an all-time high on Monday as big tech companies saw gains that defied the rest of the market. Google-parent Alphabet closed up 2.7% at $1,397.81 per share, which brings […]

2020: FAANGS, the Dream Investments Across the World

2020: FAANGS, the Dream Investments Across the World

$FB, $AMZN, $AAPL, $NFLX, $GOOGL After a difficult end to Y 2018, when the group was hammered alongside the broader market the large-cap tech stocks came roaring back  The stocks commonly called the FAANGs: Facebook, Amazon, Apple, Netflix, and Google, have posted impressive gainers through the years, with all now worth many times their IPO […]

Facebook, Inc. (NASDAQ:FB) announced it took down the accounts for “inauthentic behavior.”

Facebook, Inc. (NASDAQ:FB) announced it took down the accounts for “inauthentic behavior.”

Facebook, Inc. (NASDAQ:FB) announced it took down the accounts for “inauthentic behavior.” Facebook has been regularly removing fake accounts in its fight against disinformation, but the company’s latest announcement presented a twist — artificially generated profile pictures. Facebook recently announced that it had taken down a network of accounts for “inauthentic behavior” (i.e. accounts assuming […]

Facebook, Inc. (NASDAQ:FB) 2020 Outlook

Facebook, Inc. (NASDAQ:FB) 2020 Outlook

Facebook, Inc. (NASDAQ:FB) 2020 Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 180.90. The projected upper bound is: 223.19. The projected lower bound is: 187.80. The projected closing price is: 205.50. Candlesticks A black body […]

EU court boost for activist in Facebook, Inc. (NASDAQ:FB) data transfer fight

EU court boost for activist in Facebook, Inc. (NASDAQ:FB)  data transfer fight

EU court boost for activist in Facebook, Inc. (NASDAQ:FB) data transfer fight EU regulators must make more effort to stop tech companies from transferring data to countries with weaker data-protection standards, an advisor to the European Union’s top court said Thursday. It’s the latest in a lengthy and complex legal case involving an Austrian privacy […]

Facebook, Inc. (NASDAQ:FB) buys cloud-gaming startup

Facebook, Inc. (NASDAQ:FB) buys cloud-gaming startup

Facebook, Inc. (NASDAQ:FB) buys cloud-gaming startup Facebook Inc. FB, +2.07% has acquired a Spanish startup focused on cloud delivery of video games, according to reports. CNBC reported Wednesday afternoon that Facebook confirmed the purchase of PlayGiga, while declining to state a price. A Spanish newspaper reported last week that Facebook was seeking to acquire the […]

Facebook, Inc. (NASDAQ:FB) shares fall over possible US antitrust move

Facebook, Inc. (NASDAQ:FB) shares fall over possible US antitrust move

Facebook, Inc. (NASDAQ:FB) shares fall over possible US antitrust move Facebook’s stock dropped almost 3 per cent on Friday in regular trading after news reports suggested that the US FTC may take anti-trust action to prevent Facebook from integrating its disparate messaging apps. The reports said the Federal Trade Commission(FTC) may seek a court injunction […]

FTC may try to block Facebook, Inc. (NASDAQ:FB) from integrating apps

FTC may try to block Facebook, Inc. (NASDAQ:FB)  from integrating apps

FTC may try to block Facebook, Inc. (NASDAQ:FB) from integrating apps Facebook’s stock dropped almost 3% in regular trading after news reports suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps. The reports said the Federal Trade Commission may seek a court injunction that would block Facebook’s […]

Facebook, Inc. (NASDAQ:FB) stock takes a beating on report that the FTC might thwart its grand unification plans

Facebook, Inc. (NASDAQ:FB) stock takes a beating on report that the FTC might thwart its grand unification plans

Facebook, Inc. (NASDAQ:FB) stock takes a beating on report that the FTC might thwart its grand unification plans News that regulators might do some significant regulating quickly sent Facebook investors into a mild panic on Thursday afternoon. According to an anonymously sourced report by the Wall Street Journal, the Federal Trade Commission is “considering seeking a preliminary […]

Facebook, Inc. (NASDAQ:FB) regulators put the social media company in the crosshairs of antitrust investigations

Facebook, Inc. (NASDAQ:FB) regulators put the social media company in the crosshairs of antitrust investigations

Facebook, Inc. (NASDAQ:FB) regulators put the social media company in the crosshairs of antitrust investigations Facebook saw its ranking on Glassdoor’s list of the “Best Places to Work” list slide for a second year in a row, tumbling 16 spots to 23rd. Its desirability ranking dropped from 4.5 to 4.4 out of a perfect 5 […]

Facebook, Inc. (NASDAQ:FB) Market Value Plunges a Record $119 Billion

Facebook, Inc. (NASDAQ:FB) Market Value Plunges a Record $119 Billion

Facebook, Inc. (NASDAQ:FB) Market Value Plunges a Record $119 Billion Facebook faced a day of reckoning Thursday as its shares plunged in the biggest one-day drop in stock-market history. The 19 percent drop vaporized $119 billion of the company’s stock-market value; CEO Mark Zuckerberg saw his net worth fall by roughly $16 billion as a […]

Facebook, Inc. (NASDAQ:FB) Copying Alphabet’s “Other Bets” Strategy

Facebook, Inc. (NASDAQ:FB) Copying Alphabet’s “Other Bets” Strategy

Facebook, Inc. (NASDAQ:FB) Copying Alphabet’s “Other Bets” Strategy Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) restructured the company several years ago to separate its early stage businesses and moonshot investments — or “other bets” — from its well-established Google operations. It still makes practically all of its revenue and profits from Google’s advertising business. Similarly, Facebook (NASDAQ: […]

Facebook, Inc. (NASDAQ:FB) outpaced the S&P 500’s daily gain of 0.15%

Facebook, Inc. (NASDAQ:FB) outpaced the S&P 500’s daily gain of 0.15%

Facebook, Inc. (NASDAQ:FB) outpaced the S&P 500’s daily gain of 0.15% In the latest trading session, Facebook (FB) closed at $199.36, marking a +0.33% move from the previous day. This move outpaced the S&P 500’s daily gain of 0.15%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, added 0.05%. Coming into today, […]

Facebook, Inc. (NASDAQ:FB) The One Stock to “Unfriend” in 2020

Facebook, Inc. (NASDAQ:FB) The One Stock to “Unfriend” in 2020

Facebook, Inc. (NASDAQ:FB) The One Stock to “Unfriend” in 2020 Despite the increasing public scrutiny over how social media giant Facebook (NSDQ: FB) handles its users’ private data, its share price keeps going up. Currently trading near $200, FB has gained more than 60% since bottoming out below $125 less than one year ago. I […]

Facebook, Inc. (NASDAQ:FB) and associated platforms back online after outage

Facebook, Inc. (NASDAQ:FB) and associated platforms back online after outage

Facebook, Inc. (NASDAQ:FB) and associated platforms back online after outage Facebook said it had restored service following an outage on Thursday that hindered access to the social platform and its other apps such as Instagram. “Earlier today, people may have experienced trouble accessing Facebook’s family of apps. The issue has since been resolved, we are […]

Facebook, Inc. (NASDAQ:FB) testing a meme-creation app called Whale

Facebook, Inc. (NASDAQ:FB) testing a meme-creation app called Whale

Facebook, Inc. (NASDAQ:FB) testing a meme-creation app called Whale Facebook’s testing out its latest bizarre spin-off app aimed at recapturing its youthful audience — in this case, a meme creation app called Whale. From what we can tell, the purpose of the app is to make meme creation easier by packaging together stock images and […]

Facebook, Inc. (NASDAQ:FB) The fake-account economy

Facebook, Inc. (NASDAQ:FB) The fake-account economy

Facebook, Inc. (NASDAQ:FB) The fake-account economy Mark Zuckerberg has always said the company he founded is a platform for authenticity. Unlike anonymous chat rooms, Facebook encourages real names and photos. Facebook-owned messaging service WhatsApp and photo-sharing platform Instagram are promoted in the same way. Last year, the chief executive told Congress users were “not allowed” […]

Facebook, Inc. (NASDAQ:FB) delivers a blowout quarter

Facebook, Inc. (NASDAQ:FB) delivers a blowout quarter

Facebook, Inc. (NASDAQ:FB) delivers a blowout quarter Facebook has had its share of tough issues to manage over the past year. The company continued to deal with the fallout from its involvement in a data breach scandal related to the 2016 U.S. presidential election that affected millions of Facebook accounts. The tech giant had to pay a […]

Lawsuit accuses Facebook, Inc. (NASDAQ:FB) ad targeting of abetting bias

Lawsuit accuses Facebook, Inc. (NASDAQ:FB) ad targeting of abetting bias

Lawsuit accuses Facebook, Inc. (NASDAQ:FB) ad targeting of abetting bias A lawsuit filed on Thursday accuses Facebook of letting ad targeting tools be used to exclude women and older people from offers regarding loans, investments and other financial services. Two law firms have filed a discrimination suit in San Francisco federal court on behalf of […]

Facebook, Inc. (NASDAQ:FB) reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency

Facebook, Inc. (NASDAQ:FB) reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency

Facebook, Inc. (NASDAQ:FB) reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency Facebook on Wednesday reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency. The leading social network said […]

Facebook, Inc. (NASDAQ:FB) Earnings After Bell

Facebook, Inc. (NASDAQ:FB) Earnings After Bell

Facebook, Inc. (NASDAQ:FB) Earnings After Bell The world’s largest social media site is gearing up for Q3 earnings. Facebook FB is releasing its Q3 earnings report Wednesday, October 30th, after the bell and growth expectations are substantial. FB is typically a big mover on earnings releases with an average move of 7.4% over the past […]

Facebook, Inc. (NASDAQ:FB) continues to pile up impressive revenue and monthly active users

Facebook, Inc. (NASDAQ:FB) continues to pile up impressive revenue and monthly active users

Facebook, Inc. (NASDAQ:FB) continues to pile up impressive revenue and monthly active users It sounds like a broken record, but Facebook Inc.’s results continue to do just that: break records. Expect more of the same Wednesday, when the social-networking giant announces third-quarter results. KeyBanc Capital Markets analyst Andy Hargreaves certainly does. “We expect Facebook to […]

Facebook, Inc. (NASDAQ:FB) stock could revisit all-time highs

Facebook, Inc. (NASDAQ:FB) stock could revisit all-time highs

Facebook, Inc. (NASDAQ:FB) stock could revisit all-time highs Facebook (NASDAQ:FB) is no stranger to controversy. But even with data misuse with Cambridge Analytica, e-mails that allegedly linked Mark Zuckerberg to controversial privacy practices, and issues over its Libra cryptocurrency plans, Facebook stock has still managed to deliver, up 54% in 2019. As the company was put […]

Facebook, Inc. (NASDAQ:FB) price tumbled as an antitrust probe led by New York grew to include 47 attorneys general from US states and territories

Facebook, Inc. (NASDAQ:FB) price tumbled as an antitrust probe led by New York grew to include 47 attorneys general from US states and territories

Facebook, Inc. (NASDAQ:FB) price tumbled as an antitrust probe led by New York grew to include 47 attorneys general from US states and territories Facebook’s stock price tumbled as much as 4.4% on Tuesday as an antitrust probe led by New York grew to include 47 attorneys general from US states and territories. The investigation […]

Facebook, Inc. (NASDAQ:FB) Libra will permanently hit Australian banks’ profits

Facebook, Inc. (NASDAQ:FB) Libra will permanently hit Australian banks’ profits

Facebook, Inc. (NASDAQ:FB) Libra will permanently hit Australian banks’ profits Overnight the man in charge of setting up Facebook Inc’s (FB) digital currency, Libra, pretty much confirmed to CNBC business television that the project has one key service goal for now.  During an interview David Marcus batted back worries about the high-profile departure of some original partners including Visa, PayPal, and […]

Facebook, Inc. (NASDAQ:FB) earnings slips underscore other problems dogging Big Tech

Facebook, Inc. (NASDAQ:FB) earnings slips underscore other problems dogging Big Tech

Facebook, Inc. (NASDAQ:FB) earnings slips underscore other problems dogging Big Tech Facebook and Micron’s earnings slips underscore other problems dogging Big Tech. Facebook absorbed a $5 billion fine in the first half of the year related to a Federal Trade Commission settlement, with the charge split between the first quarter and the second. Though that […]

Facebook, Inc. (NASDAQ:FB) planned libra cryptocurrency is seeing more defections

Facebook, Inc. (NASDAQ:FB) planned libra cryptocurrency is seeing more defections

Facebook, Inc. (NASDAQ:FB) planned libra cryptocurrency is seeing more defections Facebook – Facebook’s planned libra cryptocurrency is seeing more defections, with Visa and MasterCard pullout out of their planned participation. PayPal, eBay, and Stripe previously announced they would no longer participate in Libra. Technical Indicators Overall, the bias in prices is: Sideways. By the way, […]

Facebook, Inc. (NASDAQ:FB) Inclination Toward AR-VR Products

Facebook, Inc. (NASDAQ:FB) Inclination Toward AR-VR Products

Facebook, Inc. (NASDAQ:FB) Inclination Toward AR-VR Products CTRL-Labs’ technology could be an integral part of a mechanism that allows one to control their movements in augmented reality. In fact, this acquisition marks Facebook’s second such purchase toward developing futuristic technology. Back in 2014, Facebook had paid $2 billion to acquire Oculus, a virtual reality (VR) […]

Facebook, Inc. (NASDAQ:FB) Settles with Advertisers

Facebook, Inc. (NASDAQ:FB) Settles with Advertisers

Facebook, Inc. (NASDAQ:FB) Settles with Advertisers Facebook FB has agreed to pay $40 million to settle a case with advertisers that it maintains is “without merit.” Advertisers claim that Facebook moderated viewing metrics that made them spend more on the platform. But as it turns out, the problem related to the way viewing metrics were […]

Facebook, Inc. (NASDAQ:FB) looks like an attractive proposition over the long term

Facebook, Inc. (NASDAQ:FB) looks like an attractive proposition over the long term

Facebook, Inc. (NASDAQ:FB) looks like an attractive proposition over the long term Investing in high-quality businesses trading at attractive valuation levels can lead to superior returns over the long term. However, finding these kinds of opportunities is much easier said than done. More importantly, when a good business is trading at a discounted valuation, this […]

Facebook, Inc. (NASDAQ:FB) Libra Project in Question After PayPal (PYPL) Withdraws

Facebook, Inc. (NASDAQ:FB) Libra Project in Question After PayPal (PYPL) Withdraws

Facebook, Inc. (NASDAQ:FB) Libra Project in Question After PayPal (PYPL) Withdraws The coalition Facebook FB formed to create its cryptocurrency project named Libra is starting to unravel. Back in June, Facebook announced that they would be playing their hand in the cryptocurrency field, stating that they would be working with financial services companies like Visa […]

Facebook, Inc. (NASDAQ:FB) Libra partners reconsider as governments grumble

Facebook, Inc. (NASDAQ:FB) Libra partners reconsider as governments grumble

Facebook, Inc. (NASDAQ:FB) Libra partners reconsider as governments grumble Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts as regulators unleash ire on the project, according to a report Tuesday. A Libra Association created by Facebook to independently manage the digital money still had its initial group […]

Facebook, Inc. (NASDAQ:FB) to pay ‘subset’ of news tab publishers

Facebook, Inc. (NASDAQ:FB) to pay ‘subset’ of news tab publishers

Facebook, Inc. (NASDAQ:FB) to pay ‘subset’ of news tab publishers Facebook said Monday it plans to pay only a portion of the publishers whose stories appear in a news “tab” set to launch in the weeks ahead. Facebook recently confirmed plans for a News Tab that will be edited by seasoned journalists, in a departure […]

Facebook, Inc. (NASDAQ:FB) wins dismissal of investor lawsuit over privacy breach

Facebook, Inc. (NASDAQ:FB) wins dismissal of investor lawsuit over privacy breach

Facebook, Inc. (NASDAQ:FB) wins dismissal of investor lawsuit over privacy breach Facebook and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will be have a chance to refile their case. […]

Facebook, Inc. (NASDAQ:FB) hides ‘likes’ in Australia trial to ease anxiety

Facebook, Inc. (NASDAQ:FB) hides ‘likes’ in Australia trial to ease anxiety

Facebook has begun hiding the number of “likes” for posts in Australia, it said Friday, a trial designed to ease social pressure that could be rolled out worldwide. Account holders across the country will also be blocked from viewing the number of reactions and video views on other people’s posts from Friday, but will still […]

Facebook, Inc. (NASDAQ:FB) Buys CTRL-labs

Facebook, Inc. (NASDAQ:FB) Buys CTRL-labs

Facebook, Inc. (NASDAQ:FB) Buys CTRL-labs Facebook will buy CTRL-labs for about $1 billion, according to CNBC. The startup focuses on technology to let people control computers with their minds. Facebook stock rose 0.5% overnight. Shares fell 1.6% Monday, once again hitting resistance at their 50-day line. Technical Indicators Overall, the bias in prices is: Sideways. The projected […]

Facebook, Inc. (NASDAQ:FB) plans to launch a video streaming device called Portal TV

Facebook, Inc. (NASDAQ:FB) plans to launch a video streaming device called Portal TV

Facebook, Inc. (NASDAQ:FB) plans to launch a video streaming device called Portal TV Facebook (FB) said Wednesday it plans to launch a video streaming device called Portal TV, taking on similar products from Amazon (AMZN), Alphabet (GOOGL) and Roku (ROKU). Facebook stock inched up, while Roku stock was hardest hit by the news. An extension of its Portal line of devices, the […]

Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains

Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains

Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains In the latest trading session, Facebook (FB) closed at $188.08, marking a +1% move from the previous day. The stock outpaced the S&P 500’s daily gain of 0.26%. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, added 0.4%. Prior to today’s trading, shares of the […]

Facebook, Inc. (NASDAQ:FB) to stop news headline changes from advertisers

Facebook, Inc. (NASDAQ:FB)  to stop news headline changes from advertisers

Facebook, Inc. (NASDAQ:FB) to stop news headline changes from advertisers Facebook said Monday it is working to stop advertisers from changing headlines in links to news stories after concerns raised by a British political party’s altering of one such link. The leading social network confirmed the internal effort in the face of concerns over a […]

Facebook, Inc. (NASDAQ:FB) expected to rise from $200 to $275

Facebook, Inc. (NASDAQ:FB) expected to rise from $200 to $275

Facebook, Inc. (NASDAQ:FB) expected to rise from $200 to $275 Few months ago, I wrote an article on estimating Facebook’s (FB) future target prices, using then analysts’ forecast financials. Since the model’s forecast prices turned out to be reasonably accurate (Figure 2B below) and the current forecasts of forward financials have changed somewhat from March, it […]

Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains: What You Should Know

Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains: What You Should Know

Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains: What You Should Know Facebook (FB) closed the most recent trading day at $188.49, moving +1.25% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.72%. Elsewhere, the Dow gained 0.85%, while the tech-heavy Nasdaq added 1.06%. Heading into today, shares of the […]

Facebook, Inc. (NASDAQ:FB) Dating Yet Another Positive Catalyst

Facebook, Inc. (NASDAQ:FB) Dating Yet Another Positive Catalyst

Facebook, Inc. (NASDAQ:FB) Dating Yet Another Positive Catalyst Facebook (NASDAQ:FB) hit a home run when the company announced its dating feature in the U.S. markets. Match Group (NASDAQ:MTCH) will no longer enjoy the absence of competition in the online dating market. Facebook has a huge user base and now has the chance to leverage Instagram alongside Facebook and […]

Facebook, Inc. (NASDAQ:FB) has published an informational blog post about how its app collects and uses background location data from smartphones

Facebook, Inc. (NASDAQ:FB) has published an informational blog post about how its app collects and uses background location data from smartphones

Facebook, Inc. (NASDAQ:FB) has published an informational blog post about how its app collects and uses background location data from smartphones Less than two weeks before a likely iOS software update that will give iPhone users regular pop-ups telling them which apps are collecting information location in the background, Facebook has published a blog post about how the Facebook […]

President Trump Turning His Millions of Supporters into a’Digital Army’

President Trump Turning His Millions of Supporters into a’Digital Army’

$FB, $TWTR President Trump has used Twitter (NYSE:TWTR) as a direct connector to his supporters throughout his Presidency sidestepping the MSM, and he will soon have another tool to get his message out unfiltered. The Trump reelection campaign is launching a social networking app to harness the dedicated energy among his army of supporters. The coming […]

Facebook, Inc. (NASDAQ:FB) Database Containing Private Information of 400 Million Users Has Been Found Online

Facebook, Inc. (NASDAQ:FB) Database Containing Private Information of 400 Million Users Has Been Found Online

Facebook is in the middle of another serious problem of a security breach involving a feature that the company had disabled more than a while ago. According to reports, Facebook has unknowingly exposed personal data for many of its accounts in an unrestricted and unprotected database that was recently found by a security researcher. Sometime in July […]

Facebook’s (NASDAQ:FB) proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy

Facebook’s (NASDAQ:FB) proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy

The widespread acceptance of Facebook’s Libra cryptocurrency would pose a threat to monetary policy in the EU, according to one board member of the European Central Bank (ECB), Yves Mersch. He said on Monday that “Depending on Libra’s level of acceptance and on the referencing of the euro in its reserve basket, it could reduce the […]

Facebook, Inc. (NASDAQ:FB) Stock Takes Another Jump From Bullish Trendline

Facebook, Inc. (NASDAQ:FB) Stock Takes Another Jump From Bullish Trendline

Facebook, Inc. (NASDAQ:FB) is trading up 2% today, last seen at $185.46, rising with the broader tech sector. This move to the upside comes after a recent meet-up with the 160-day moving average. According to Schaeffer’s Senior Quantitative Analyst Rocky White, the last three encounters with this trendline have sparked an average one-month gain of 6.2%. Looking […]

Facebook, Inc. (NASDAQ:FB) Directors and Officers Recent Trades

Facebook, Inc. (NASDAQ:FB) Directors and Officers Recent Trades

Facebook, Inc. (NASDAQ:FB) Directors and Officers Recent Trades COB and CEO of Facebook Inc Mark Zuckerberg sold 125,600 shares of FB on 08/19/2019 at an average price of $186.36 a share. The total sale was $23.4 million. Facebook Inc is the world’s largest online social network. Its products are Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its […]

The fundamentals, optics, and technicals all imply a healthy end-of-year rally for Facebook, Inc. (NASDAQ:FB) stock

The fundamentals, optics, and technicals all imply a healthy end-of-year rally for Facebook, Inc. (NASDAQ:FB) stock

The fundamentals, optics, and technicals all imply a healthy end-of-year rally for Facebook, Inc. (NASDAQ:FB) stock Much unlike calendar 2018, calendar 2019 has been a really good year for shares of global social media giant Facebook (NASDAQ:FB). Year-to-date, FB stock is up more than 40%. For what it’s worth, FB stock fell 25% in 2018. Most signs […]

Thai Government Officially Combating ‘Fake News’

Thai Government Officially Combating ‘Fake News’

Wednesday, Thailand’s government announced a plan to set up a center to combat unverified news on social media platforms, rejecting concerns that it might be used to suppress free speech. The planned center’s goal would be to fight all kinds of fake news, with a focus on misinformation about disasters and financial matters, Minister of […]

Facebook, Inc. (NASDAQ:FB) Libra Partner Mastercard Is Building Its Own Cryptocurrency Team

Facebook, Inc. (NASDAQ:FB) Libra Partner Mastercard Is Building Its Own Cryptocurrency Team

Facebook, Inc. (NASDAQ:FB) Libra Partner Mastercard Is Building Its Own Cryptocurrency Team Mastercard (MA) reportedly is assembling its own cryptocurrency team. The payments stock is a partner in the Facebook (FB) Libra digital currency project. Meanwhile Bitcoin is attempting to rally after its worst week in 2019. Mastercard is recruiting staff with expertise in the “cutting-edge intersection of […]

Facebook, Inc. (NASDAQ:FB) have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests

Facebook, Inc. (NASDAQ:FB) have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests

Facebook, Inc. (NASDAQ:FB) have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests Twitter and Facebook have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests. Twitter told the BBC it removed 936 accounts from mainland China which it said were being used to ‘sow political […]

Have Google, Facebook and Amazon Violated Antitrust Law or Just Political Targets

Have Google, Facebook and Amazon Violated Antitrust Law or Just Political Targets

Top prosecutors from a group of US states are readying a joint investigation into whether major technology firms have violated antitrust law, the Wall Street Journal reported Monday. The alliance of state attorneys general could formally announce next month that they are delving into whether leading internet firms and technology platforms have used their clout […]

Google, Facebook, and Amazon Opposed To The French Digital Tax

Google, Facebook, and Amazon Opposed To The French Digital Tax

American tech giants Amazon, Facebook and Google joined forces on Monday to decry the French digital tax as retroactive and discriminatory. President Donald Trump is considering retaliating against the tax — approved July 11 — with punitive tariffs on French wine imports, prompting an investigation by the Office of the US Trade Representative (USTR). The […]

Facebook, Inc. (NASDAQ:FB) accused in a lawsuit of failing to warn users about the dangers of its single sign-on

Facebook, Inc. (NASDAQ:FB) accused in a lawsuit of failing to warn users about the dangers of its single sign-on

Facebook, Inc. (NASDAQ:FB) accused in a lawsuit of failing to warn users about the dangers of its single sign-on Facebook – Facebook was accused in a lawsuit of failing to warn users about the dangers of its single sign-on tool, which can be used to access third party apps and services using Facebook login credentials. Single […]

Facebook, Inc. (NASDAQ:FB) Friending the revenue trend

Facebook, Inc. (NASDAQ:FB) Friending the revenue trend

Facebook, Inc. (NASDAQ:FB) Friending the revenue trend Facebook had been warning investors for the better part of a year to expect revenue to decelerate into 2020, and CFO David Wehner reiterated that outlook on the second-quarter earnings call. New rules limiting data gathering and beefing up privacy practices — most notably the sweeping regulation on […]

Facebook, Inc. (NASDAQ:FB) admits conversations were recorded but says it will no longer do so

Facebook, Inc. (NASDAQ:FB) admits conversations were recorded but says it will no longer do so

Facebook, Inc. (NASDAQ:FB) admits conversations were recorded but says it will no longer do so Facebook has been paying hundreds of outside contractors to transcribe clips of audio from users of its services, according to sources. The work has rattled the contract employees, who are not told where the audio was recorded or how it […]

Facebook, Inc. (NASDAQ:FB) paying hundreds of outside contractors to transcribe clips of audio from users of its services

Facebook, Inc. (NASDAQ:FB) paying hundreds of outside contractors to transcribe clips of audio from users of its services

Facebook, Inc. (NASDAQ:FB) paying hundreds of outside contractors to transcribe clips of audio from users of its services Facebook Inc. has been paying hundreds of outside contractors to transcribe clips of audio from users of its services, according to people with knowledge of the work. The work has rattled the contract employees, who are not […]

Facebook, Inc. (NASDAQ:FB) Strong Growth Continues

Facebook, Inc. (NASDAQ:FB) Strong Growth Continues

Facebook, Inc. (NASDAQ:FB) Strong Growth Continues Facebook (FB) on July 24 reported financial results for its second quarter of fiscal 2019. For the period, revenues increased 28% (and 32% in constant currency) to $16.9 billion. That was a sequential improvement from the first quarter and much better than the mid-single digit percentage decline that management […]

Facebook, Inc. (NASDAQ:FB) stock will bounce back from this recent sell-off, but things may get worse before they get better

Facebook, Inc. (NASDAQ:FB) stock will bounce back from this recent sell-off, but things may get worse before they get better

Facebook, Inc. (NASDAQ:FB) stock will bounce back from this recent sell-off, but things may get worse before they get better Shares of global internet giant Facebook (NASDAQ:FB) are tumbling into early August as broader financial markets are being pressured by escalating trade war and interest rate headwinds. Specifically, all the market has cared about in […]

Facebook, Inc. (NASDAQ:FB) decline on global equity selloff

Facebook, Inc. (NASDAQ:FB) decline on global equity selloff

Facebook, Inc. (NASDAQ:FB) decline on global equity selloff The joy ride for internet stocks took a temporary detour on Monday. Shares of industry stalwarts Facebook Inc. FB, -3.86%, Alphabet Inc.’s GOOGL, -3.47% GOOG, -3.49% Google, Snap Inc. SNAP, -3.35%, and others tumbled after China allowed its yuan currency to fall to a more-than-10-year low versus […]

FTC admitted taking a higher settlement figure from Facebook, Inc. (NASDAQ:FB) in exchange for declining to depose Mark Zuckerberg

FTC admitted taking a higher settlement figure from Facebook, Inc. (NASDAQ:FB)  in exchange for declining to depose Mark Zuckerberg

FTC admitted taking a higher settlement figure from Facebook, Inc. (NASDAQ:FB) in exchange for declining to depose Mark Zuckerberg Facebook paid—I would call it, bribed—the Federal Trade Commission $5 billion to protect Mark Zuckerberg from personal liability in violating the privacy of millions of users. I didn’t conjure that up. That was the clear statement […]

Mark Zuckerberg Takes a Shot at the Fed’s Relevance

Mark Zuckerberg Takes a Shot at the Fed’s Relevance

$FB, $USO, $XAU, $XAG, $USD, $JPY, $EUR President Trump gives his voice to increasingly public impatience with what we analysts call macro-economics. The Fed targets 2% inflation as a compromise between accomplishing strong growth and stable prices. Since the Y 2008 financial crisis, whether unemployment was 10% or less than 4%, no matter how high or low […]

Facebook, Inc. (NASDAQ:FB) says in the risk factors section of its latest quarterly report that it can’t guarantee Libra “will be made available in a timely manner, or at all

Facebook, Inc. (NASDAQ:FB) says in the risk factors section of its latest quarterly report that it can’t guarantee Libra “will be made available in a timely manner, or at all

Facebook, Inc. (NASDAQ:FB) says in the risk factors section of its latest quarterly report that it can’t guarantee Libra “will be made available in a timely manner, or at all Facebook reminded investors in its latest quarterly report that while it expects to launch its Libra digital currency in 2020, a number of factors could keep that from happening. In […]

Facebook, Inc. (NASDAQ:FB) shares are trailing the S&P 500 and Nasdaq since Trump attacked the “Zuck-Buck.”

Facebook, Inc. (NASDAQ:FB) shares are trailing the S&P 500 and Nasdaq since Trump attacked the “Zuck-Buck.”

Facebook, Inc. (NASDAQ:FB) shares are trailing the S&P 500 and Nasdaq since Trump attacked the “Zuck-Buck” In the age of Trump, all it takes is a single tweet to move the stock market. And the president may have done just that when he launched a tripartite attack on Facebook’s Libra cryptocurrency. Facebook Stock Can’t Shake […]

Facebook, Inc. (NASDAQ:FB) Quick Q2 Overview

Facebook, Inc. (NASDAQ:FB) Quick Q2 Overview

Facebook, Inc. (NASDAQ:FB) Quick Q2 Overview Facebook posted adjusted quarterly earnings of $1.99 per share, which topped our $1.90 Zacks Consensus Estimate. Meanwhile, revenue surged 28% to $16.886 billion to surpass our $16.45 billion projection. This top-line expansion came in higher than Q1’s roughly 26% growth, but does mark a downturn compared to the 30% […]

Facebook, Inc. (NASDAQ:FB) earnings hit by fines and growth slowdown

Facebook, Inc. (NASDAQ:FB) earnings hit by fines and growth slowdown

Facebook, Inc. (NASDAQ:FB) earnings hit by fines and growth slowdown Facebook Inc. has taken a hit of over $5 billion to its earnings in the first half of the year to pay government fines, and on Wednesday it predicted its revenue growth will slow down in the second half of the year. But investors have […]

Facebook, Inc. (NASDAQ:FB) set to report second-quarter results

Facebook, Inc. (NASDAQ:FB) set to report second-quarter results

Facebook, Inc. (NASDAQ:FB) set to report second-quarter results As Facebook (FB) stock hovers in a buy zone, the social media giant is set to report second-quarter results. The Facebook earnings report will arrive after the market close Wednesday. Wall Street expects Facebook earnings, on an adjusted basis, to reach $1.87 per share, up 8% from the year-ago […]

Facebook, Inc. (NASDAQ:FB) Earnings Preview

Facebook, Inc. (NASDAQ:FB) Earnings Preview

Facebook, Inc. (NASDAQ:FB) Earnings Preview Shares of Facebook FB popped 2% Monday in a sign that investors might expect strong second-quarter 2019 financial results from the social media firm. Facebook stock is now up over 54% in 2019 and its plan to enter the cryptocurrency space has seemingly been well by received by traders. Despite […]

Facebook, Inc. (NASDAQ:FB) is set to unveil its second-best results this week, despite a privacy ruling and fears over Libra

Facebook, Inc. (NASDAQ:FB) is set to unveil its second-best results this week, despite a privacy ruling and fears over Libra

Facebook, Inc. (NASDAQ:FB) is set to unveil its second-best results this week, despite a privacy ruling and fears over Libra Facebook is expected to report its second most profitable quarter ever on Wednesday, even in the wake of a $5bn (£4bn) fine and an unprecedented level of scrutiny over its plans to launch a new global currency. […]

Facebook, Inc. (NASDAQ:FB) agreed to pay a $5 billion fine

Facebook, Inc. (NASDAQ:FB) agreed to pay a $5 billion fine

Facebook, Inc. (NASDAQ:FB) agreed to pay a $5 billion fine Facebook (NASDAQ: FB ) saw its user privacy scandal finally come to a tepid conclusion last week. The company agreed to pay a $5 billion fine, the largest fine ever given by the Federal Trade Commission. Facebook also dealt with regulatory opposition over its plans to launch the […]

Facebook, Inc. (NASDAQ:FB) Reports Next Week

Facebook, Inc. (NASDAQ:FB) Reports Next Week

Facebook, Inc. (NASDAQ:FB) Reports Next Week The market expects Facebook (FB) to deliver a year-over-year increase in earnings on higher revenues when it report s results for the quarter ended June 2019. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is […]

Facebook, Inc. (NASDAQ:FB) Libra Unites Washington

Facebook, Inc. (NASDAQ:FB) Libra Unites Washington

Facebook, Inc. (NASDAQ:FB) Libra Unites Washington Facebook will attend a Senate Banking Committee on cryptocurrencies today, followed by a House Financial Services Committee hearing on Wednesday. That’s on top of a Big Tech antitrust hearing today involving Facebook (FB), Amazon.com (AMZN), Google parent Alphabet (GOOGL) and Apple (AAPL). From President Donald Trump to Fed chief […]

Lawmakers Grill Facebook Execs, Bitcoin (BTC) Dives

Lawmakers Grill Facebook Execs, Bitcoin (BTC) Dives

$BTC, $BTCUSD, $FB FLASH: The cryptocurrency market got hammered Tuesday with Bitcoin losing over 10% in value after US lawmakers grilled Facebook (FB) on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. Facebook is fighting to get Washington onside after it shocked regulators and lawmakers with its announcement on 18 June […]

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

$BTC, $BTCUSD, $FB FLASH: Bitcoin (BTC) was on life support 6 months ago, with prices at about 20% of their record highs, disappointing the world of cryptocurrency enthusiasts who had grown use to extreme moves North and South in the virtual currency. Then last week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, […]

Facebook, Inc. (NASDAQ:FB) reports quarterly earnings on July 24 after the market closes

Facebook, Inc. (NASDAQ:FB) reports quarterly earnings on July 24 after the market closes

Facebook, Inc. (NASDAQ:FB) reports quarterly earnings on July 24 after the market closes When Facebook (NASDAQ: FB ) reports quarterly earnings on July 24 after the market closes, investors may not want to expect more upside. FB stock already staged a V-shaped recovery that began in May. After bottoming at the 200-day simple moving average on June 1 at […]

Facebook, Inc. (NASDAQ:FB) Crypto Needs Fed Help

Facebook, Inc. (NASDAQ:FB) Crypto Needs Fed Help

Facebook, Inc. (NASDAQ:FB) Crypto Needs Fed Help As mighty as it is, Facebook apparently can’t realize its cryptocurrency dreams alone. In response to questions from the Senate Banking Committee, the social media giant said that its planned Libra cryptocurrency will require the assistance of large public-sector organizations, articles published after market close reported. Facebook wrote […]

Fed Calls for Halt of Facebook’s Libra Token

Fed Calls for Halt of Facebook’s Libra Token

$FB, $BTC, $BTCUSD FLASH: Fed Chairman’s comments on Libra hammers Bitcoin price Wednesday, Fed Chairman Powell said that Facebook’s (NASDAQ:FB) plan to build a digital currency called Libra “cannot go forward” until serious concerns are addressed, comments that pressured the project and hammered the price of Bitcoin (BTC). The strong comments from the most powerful […]

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

$BTC, $BTCUSD FLASH: Bitcoin (BTC) Not a Game for Casual Players Financial markets experts agree that fast run-up in prices is a bubble. And the Big Q is always when/not if, its price will crash, and the effect of a crash?  The Financial Stability Oversight Commission recently came out with a report listing challenges to financial stability, […]

Facebook, Inc. (NASDAQ:FB) Breaks Out

Facebook, Inc. (NASDAQ:FB) Breaks Out

Facebook, Inc. (NASDAQ:FB) Breaks Out Facebook (FB) was breaking out. The social network advanced nearly 2% to climb past a 198.58 buy point. But like Amazon, volume was weak. Amazon (AMZN), which rose 2% to clear a 1,964.50 buy point of a cup base. Volume was flat at the breakout, however. The strongest breakouts tend to occur […]

Facebook, Inc. (NASDAQ:FB) could hit new all-time highs

Facebook, Inc. (NASDAQ:FB) could hit new all-time highs

Facebook, Inc. (NASDAQ:FB) could hit new all-time highs Shares of Facebook have been trading much better over the last six months. Shares are flirting with a move back over $200 and if it can get there, it could trigger a much higher move back to its all-time highs. While the stock was hammered in late-May […]

Facebook, Inc. (NASDAQ:FB) one worry is the growing push by regulators and politicians to crack down on Big Tech

Facebook, Inc. (NASDAQ:FB) one worry is the growing push by regulators and politicians to crack down on Big Tech

Facebook, Inc. (NASDAQ:FB) one worry is the growing push by regulators and politicians to crack down on Big Tech Facebook stock rose 1.1% Wednesday to 197.20. That’s just below a 198.58 buy point from a long, deep cup-with-handle base. The cup depth of 44% is worrisome. However, the handle itself is long enough to be its own […]

Facebook, Inc. (NASDAQ:FB) has acted well in recent months despite ongoing privacy investigations and could test 2018’s all-time high at $219

Facebook, Inc. (NASDAQ:FB) has acted well in recent months despite ongoing privacy investigations and could test 2018’s all-time high at $219

Facebook, Inc. (NASDAQ:FB) has acted well in recent months despite ongoing privacy investigations and could test 2018’s all-time high at $219 Facebook, Inc. (FB) stock has acted well in recent months despite ongoing privacy investigations and could test 2018’s all-time high at $219 in the third quarter. In addition, it won’t take extraordinary buying power to […]

Facebook, Inc. (NASDAQ:FB) continues to do irritating things, but that doesn’t appear to have fazed investors

Facebook, Inc. (NASDAQ:FB) continues to do irritating things, but that doesn’t appear to have fazed investors

Facebook, Inc. (NASDAQ:FB) continues to do irritating things, but that doesn’t appear to have fazed investors There’s no question that whatever was plaguing Facebook (NASDAQ:FB) and FB stock in the second half of 2018 has left the building. Facebook is on fire in 2019, up 47% year to date, getting closer to its all-time high of $218.62.  […]

Facebook, Inc. (NASDAQ:FB) stock always has benefitted from audacity

Facebook, Inc. (NASDAQ:FB) stock always has benefitted from audacity

Facebook, Inc. (NASDAQ:FB) stock always has benefitted from audacity Introducing “Libra” makes it appear as if Facebook (NASDAQ:FB) wants to become a country. If the move rubs the wrong people the wrong way it could be disastrous for Facebook stock. Libra isn’t exactly a blockchain, but the company’s white paper keeps referring to it as one. Its Libra coin […]

Facebook, Inc. (NASDAQ:FB) stock heads higher

Facebook, Inc. (NASDAQ:FB) stock heads higher

Facebook, Inc. (NASDAQ:FB) stock heads higher Shares of Facebook Inc. FB, +0.98% are up 1.1% in premarket trading Thursday after Deutsche Bank analyst Lloyd Walmsley turned more upbeat on the stock, raising his target price to $230 from $220. His channel checks show that ad units and pricing for “stories” content are improving. As more […]

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