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 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 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 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 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 (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’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 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 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 – 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 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 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 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 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 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 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 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 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 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 (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 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 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 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 (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 (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 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 […]
Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains Shares of Facebook have been struggling since reporting earnings more than a month ago. However, the stock has started to show signs of promise over the past few trading sessions. While Facebook stock is down 1% Tuesday to $183.73, shares are still holding up over a key resistance […]
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 […]
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” 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 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. 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 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 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 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 (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 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 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 […]
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 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 […]
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 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 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. (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 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 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 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 […]
Facebook, Inc. (NASDAQ:FB) Libra is an ambitious plan to replace the US dollar as the primary currency for online and international transactions Let me put it this way – both Bitcoin (BTC-USD) and Facebook (FB) want to replace the world’s benchmark currency, but one wants to leave power in the hands of the people through […]
Getting into crypto could hamper Facebook, Inc. (NASDAQ:FB) stock One would think, given the amount of regulatory scrutiny Facebook (NASDAQ:FB) faced of late, CEO Mark Zuckerberg would lay low for a while even if only to protect Facebook stock. One would be wrong in making such an assumption, however. Even as antitrust investigations of it and Apple (NASDAQ:AAPL) get […]
Facebook, Inc. (NASDAQ:FB), Netflix Lead The FANG Stocks Facebook and Netflix (NFLX) rallied about 1% apiece, leading the FANG stocks. The social media giant is moving closer to a 198.58 buy point in a large cup with handle. Bullishly, the relative strength line is also nearing a new recent high, underscoring the stock’s recent outperformance vs. the general […]
Facebook, Inc. (NASDAQ:FB) revealing the details of one of its biggest endeavours Despite Facebook FB revealing the details of one of its biggest endeavors, the company has been meet with opposition. It was last week that Facebook announced the details of its digital currency Libra, which will become avaialble for online users in 2020. Just hours after […]
Unruly social media no model for Facebook, Inc. (NASDAQ:FB) Libra currency Facebook FB.O cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday. The U.S. social media company drew worldwide interest earlier this week […]
Facebook, Inc. (NASDAQ:FB) cryptocurrency heralds the rise of the corporation-government Facebook’s cryptocurrency, officially unveiled on Tuesday, heralds the rise of the corporation-government, potentially shaping the already vast powers of the Silicon Valley giants into a borderless, unaccountable techno-oligarchy. The crystal ball is dark, and we should be afraid. Facebook’s cryptocurrency, Libra, is to be used in […]
Facebook, Inc. (NASDAQ:FB) plans for a new cryptocurrency project called Libra Facebook FB announced today plans for a new cryptocurrency project called Libra. The much-anticipated news was welcomed by eager Wall Street analysts who are raving about where this new venture can take Facebook in the future. Some analysts have even gone so far as […]
Facebook, Inc. (NASDAQ:FB) new cryptocurrency could make big waves Facebook, Inc. (FB) shares rose nearly 3% during Monday’s session after analysts expressed optimism about its new cryptocurrency offering – Libra. The company will unveil a white paper on Tuesday related to the new cryptocurrency, which has already reportedly gained widespread support from industry partners and […]
Facebook, Inc. (NASDAQ:FB) The Future is Private Facebook has restricted public access to a feature that has been used to pursue war criminals, expose human rights abuses and identify corrupt officials. The social media giant — which had vowed to become more transparent about its operations — last week quietly “paused” public access to a […]
Facebook, Inc. (NASDAQ:FB) company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices Facebook stock dipped on a Wall Street Journal report that the company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices. Shares were down more than 2% following the news. […]
Facebook, Inc. (NASDAQ:FB) improved underlying fundamentals Even though shares of Facebook have fallen sharply on headlines about regulatory scrutiny, Moffett Nathanson said Tuesday the stock’s valuation is attractive given the health of its core business and potential for growth. “We believe improving underlying fundamentals offsets the risk of greater regulatory scrutiny,” Moffett Nathanson’s Michael Nathanson said in […]
Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones Facebook (NASDAQ: FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones, according to Reuters. The decision comes after several other companies — including Intel , Qualcomm , and ARM Holdings — cut ties with […]
Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock? On July 25, 2018, Facebook (NASDAQ: FB) stock closed at an all-time high of $217.50, representing a gain of more than 450% from its initial public offering (IPO) price. It seemed at the time like the most solid investment out of the whole social media pack. Other industry […]
Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators Bigger is better, right? Well, not always. For Facebook (FB), Amazon (AMZN) and Google (GOOG), being large and dominant is actually providing for major headache. The three tech giants are targets of US antitrust regulators, as it is being reported that the FCC and DOJ are looking […]
Facebook, Inc. (NASDAQ:FB) promising technical opportunity arising Shares of Facebook (NASDAQ: FB ) have nosedived in recent weeks, but with the most recent price action in FB stock, there is a promising technical opportunity arising. Specifically, the price section around the $160 mark could indeed lead to a tradeable bounce for active investors and traders. In order to fully […]
Facebook, Inc. (NASDAQ:FB) investors voted overwhelmingly in support of proposals to fire Mark Zuckerberg as chairman and scrap the firm’s share structure The Facebook shareholder revolt just got bloody. In a filing on Monday, Facebook revealed how investors voted on a raft of proposals at its annual shareholder meeting last week–and the results underline the […]
Facebook, Inc. (NASDAQ:FB) Federal Trade Commission has gained the ability to investigate Facebook Inc. shares FB, +0.09% are down more than 6% in midday trading Monday after a report from the Wall Street Journal said that the Federal Trade Commission has gained the ability to investigate whether the social-media giant has unlawfully engaged in anticompetitive […]
Facebook, Inc. (NASDAQ:FB) founder and CEO Mark Zuckerburg has reportedly survived a leadership vote Many of the company’s largest shareholders insisted that Zuckerberg step down as chairman of the board and focus solely on his other role of managing the company’s day-to-day operations. However, given that the Facebook founder holds 60 percent of the board’s […]
Facebook, Inc. (NASDAQ:FB) business looks set to expand Facebook FB has been embroiled in privacy scandals, Russian election interference backlash, and more for well over a year now. Despite all of the negativity, it seems that the average Facebook user doesn’t seem to care, at least not enough to ditch the social media power. Recent […]
Facebook, Inc. (NASDAQ:FB) stock seems invincible Facebook (NASDAQ: FB) faces billions in fines ahead and yet the stock is in a sustained uptrend. Though Facebook stock nearly traded above $200 a share in early May, the bulls backed down in recent weeks. What will it take for the stock to trade at $200 or more? Valuations are […]
Facebook, Inc. (NASDAQ:FB) short term opportunity Stock owners fall into two categories. There are those who are in looking to invest for the long haul. And then there are those who prefer to trade momentum, which tend to be shorter term.Today’s write-up is to examine how Facebook (NASDAQ:FB) stock now presents the opportunity for both traders and investors. There is […]
The combination of the growth of Facebook, Inc. (NASDAQ:FB) user base and its reasonable valuation could enable FB stock to reach record highs next year With stock markets close to their all-time highs, the recovery of Facebook (NASDAQ:FB) stock seems to have been almost overlooked. Trading close to $190, and just off recent highs. FB […]
Facebook, Inc. (NASDAQ:FB) back in gear again Facebook (NASDAQ: FB ) stock is back in gear again. Yes, it seems like old times! It’s as if the prior issues and controversies such as with privacy and security breaches have simply just gone away. The bottom line: For the year so far, the Facebook stock price […]
Facebook, Inc. (NASDAQ:FB) stock has too many headwinds User growth is not the end-all and be-all for Facebook (NASDAQ:FB) . Just as Snap Inc (NYSE:SNAP) didn’t crash and burn because its user growth was slipping by a few percentage points year-over-year, Facebook stock won’t rally by 30%-50% because it is is managing to increase its […]
A Closer Look at Facebook, Inc. (NASDAQ:FB) Stock Why such a cavalier attitude toward the billion-dollar fines, one might ask? Well, the quarterly results say everything. Facebook generated over $15 billion in revenue in the quarter. They grew it 26 percent year-over-year. Even adjusting for a $3 billion legal expenses (FB was smart to account […]
Facebook, Inc. (NASDAQ:FB) could be subject to 20 years of government oversight Facebook could be subject to 20 years of government oversight as part of a potential agreement with the U.S. government, according to a source familiar with the discussions who spoke to Reuters. Overall, the bias in prices is: Upwards. The projected upper bound […]
Facebook, Inc. (NASDAQ:FB) co-founder Chris Hughes wrote in a New York Times op-ed that regulators must check CEO Mark Zuckerberg’s power Facebook co-founder Chris Hughes issued a forceful call for regulators to break up the company he helped build in a New York Times op-ed published Thursday. Hughes, who left Facebook to work for Barack […]
Two nonprofits are mobilizing to push shareholders to remove Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg from his post as chair of the tech giant’s board Ahead of Facebook’s shareholder meeting at the end of May, the civil rights group Color of Change is harnessing the power of its 1.5 million members in partnership with investor […]
Facebook, Inc. (NASDAQ:FB) 11% below its all-time high set in July 2018 After gapping up on Q1 earnings in late April, Facebook is 1.6% below a 198.58 buy point from a newly minted handle. The social media giant is now about 11% below its all-time high set in July 2018. The base has a depth […]
Facebook, Inc. (NASDAQ:FB) Zuckerberg’s Control Zuckerberg owns less than 1 percent of Facebook’s class A stock, but he controls more than 80 percent of the company’s class B shares, which have special voting rights. That gives him almost 60 percent of the vote when the company and board make essential decisions. For all practical purposes, […]
Facebook, Inc. (NASDAQ:FB) Q1 revenue climbed 26% Facebook’s Q1 revenue climbed 26% to reach $15.08 billion and top our $14.97 billion Zacks Consensus Estimate. At the bottom end of the income statement, FB’s earnings sunk from the year-ago period, driven by a one-time charge of $3 billion it set aside for the possibility of a […]
Facebook, Inc. (NASDAQ:FB) soared in after-hours trading despite unresolved privacy business with the FTC The litany of challenging news does not appear to have harmed Facebook’s stock. While it has been languishing, FB has risen more than 50% off its December lows. FB has tripled over the past five years, and the company carries a $474 billion […]
Facebook, Inc. (NASDAQ:FB) stock is in a win-win situation heading into FB’s earnings Facebook (NASDAQ:FB) is scheduled to report its second-quarter earnings tomorrow. Given the bumpy ride that FB stock has endured over the past year, investors are understandably nervous heading into this earnings report. After FB endured more bad press, including the tragic New Zealand […]
Facebook, Inc. (NASDAQ:FB) social media giant said it is hiring Jennifer Newstead as its general counsel Facebook shares rose slightly after the bell Monday after the social media giant said it is hiring Jennifer Newstead as its general counsel. Newstead, most recently the legal adviser to the U.S. State Department, is replacing Colin Stretch. Facebook also named […]
Facebook, Inc. (NASDAQ:FB) faces no existential threat under the current administration One company is having a hard time capturing U.S. regulators: Facebook. It’s the subject of federal criminal investigation in New York, and is reportedly facing a record multi-billion-dollar fine from the Federal Trade Commission for violating its users’ privacy. The latest: An NBC News […]
Facebook, Inc. (NASDAQ:FB) Earnings Season Is An Opportunity 2018 was a year that Facebook(NASDAQ: FB ) investors would like to forget. FB stock fell off a cliff following self inflicted wounds. And the negative headlines didn’t stop. All told, Facebook stock fell 45% from July highs to December lows. Luckily this year is a different story, FB […]
Facebook, Inc. (NASDAQ:FB) The “one share, one vote” issue will be voted on at Facebook’s upcoming shareholder meeting on May 30 Facebook (FB shareholders want some of CEO and chairman Mark Zuckerberg’s power. In a proxy filing on Friday, shareholders proposed that Facebook’s dual-class system be phased out and replaced with a “one share one […]
Facebook, Inc. (NASDAQ:FB) investors are trying to oust Mark Zuckerberg as chairman Facebook investors are trying to oust Mark Zuckerberg as chairman and also rid themselves of the company’s share structure. In a Securities and Exchange Commission filing from Friday, the company listed the various proposals that will be tabled during the May 30th annual shareholding meeting. […]
Facebook, Inc. (NASDAQ:FB) working to put its bad press in the past The social media giant is working to put its bad press in the past, but more importantly, the investing public has grown more comfortable with the idea that data and privacy issues are more and more falling under the rubric of private companies. […]
Facebook, Inc. (NASDAQ:FB) suffered another major data breach exposing the data of over 540 million of its members Facebook just suffered another major data breach exposing the data of over 540 million of its members, days after embattled Chief Executive Mark Zuckerberg called for stronger internet regulation. No worries, concludes Guggenheim, which raised its rating of Facebook’s stock (ticker: […]
Facebook, Inc. (NASDAQ:FB) ad delivery skews along race and gender lines Facebook allows an advertiser to target various, razor-sharp demographics. You can target people who like a specific page or even a particular book. You can target groups of people based on a broad range of categories. But for the research, published yesterday, researchers made no […]
Facebook, Inc. (NASDAQ:FB) took a slight dip on the news and closed the day in the negative Researchers at cybersecurity firm UpGuard claim to have found the records of millions of Facebook users in publicly-accessible places on Amazon’s cloud servers. The records were apparently stored there by Facebook partners, not by Facebook itself. Moreover, the data was not particularly […]
Facebook, Inc. (NASDAQ:FB) gave Instagram users the ability to browse and purchase offerings directly from 23 top brands Shares of the tech giant rose 3.3 percent following Deutsche Bank’s call that Facebook’s Instagram platform could “add an incremental $10 [billion] of revenue in 2021” thanks to the new e-commerce checkout feature.Facebook gave Instagram users the […]
Facebook, Inc. (NASDAQ:FB) well-positioned to maintain its earnings-beat streak in its upcoming report? Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Facebook (FB), which belongs to the Zacks Internet – Services industry. This social media company has seen a […]
Facebook, Inc. (NASDAQ:FB) may come under renewed pressure Shares of social media giant Facebook (NASDAQ:FB) may come under renewed pressure next week after governments in the Asia-Pacific region announced they plan to accelerate their crackdown on practices that “weaponize” social media platforms. Yesterday, Australia said it will legislate “tough” new laws to prevent social-media platforms from being […]
Facebook, Inc. (NASDAQ:FB) charged by the U.S. Department of Housing and Urban Development with violating the Fair Housing Act Shares of Facebook Inc. FB, -0.19% fell 0.9% in premarket trade Thursday, after the social media giant was charged by the U.S. Department of Housing and Urban Development with violating the Fair Housing Act, by “encouraging, […]
Facebook, Inc. (NASDAQ:FB) Heffx Trading Outlook Buy-ranked Facebook ‘s shares have gained +27.7% year to date, outperforming the S&P 500’s increase of +12.6% during the same period. The Zacks analyst thinks Facebook will benefit from mobile ad revenues driven by robust performance of Instagram Stories and an expanding user base in 2019. Further, the company’s plan to […]
Facebook, Inc. (NASDAQ:FB) still rest far below their summer 2018 highs Facebook FB shares, like Netflix NFLX and other tech giants, have bounced back in a big way in 2019 to crush the S&P 500’s larger comeback. Despite the climb, shares of FB still rest far below their summer 2018 highs and Facebook’s growth outlook […]
Facebook, Inc. (NASDAQ:FB) is losing more of its top leaders this year It’s no secret that Facebook (NASDAQ: FB) had a rough 2018, defined by a series of data and privacy scandals. During the year, the social media giant lost 10 of its top executives. Some of the more high-profile exits included Instagram co-founders Kevin Systrom and […]
Facebook, Inc. (NASDAQ:FB) found that the passwords were stored in a readable format Facebook Inc. disclosed a flaw on its social network that made passwords of hundreds of millions of users visible to employees and said the issue has now been fixed. During a security review in January, Facebook found that the passwords were stored […]
Facebook, Inc. (NASDAQ:FB) contending with a growing array of bi-partisan criticism Facebook Inc. is contending with a growing array of bi-partisan criticism and fresh regulatory issues which may pose increasing risk to its unique advertising-revenue-based business model, analysts say. In recent days, President Trump tweeted that the company is “sooo on the side of the […]
Facebook, Inc. (NASDAQ:FB) most bearish it’s been since 2013 Facebook stock is now about 27 percent lower than its July all-time high, and Street sentiment — as measured by the number of hold and sell ratings — is the most bearish it’s been since 2013, based on FactSet estimates. While growing skepticism can sometimes be a […]
Facebook, Inc. (NASDAQ:FB) falls after concerns that a shift in company direction and executive departures will negatively impact its valuation Facebook stock fell Monday as a Wall Street analyst downgraded the social networking giant on concerns that a shift in company direction and executive departures will negatively impact its valuation. Facebook stock fell 3.3%, closing […]
