Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal? Last year, Facebook (NASDAQ: FB) assembled a consortium of companies to create an open-source cryptocurrency called Libra. Facebook planned to offer Libra as a payment option in a digital wallet called Calibra, then integrate those payments into Messenger and WhatsApp. But shortly afterwards, leading members of the consortium — including Visa, Mastercard, […]
Facebook, Inc. (NASDAQ:FB) will soon let you know if you shared or interacted with dangerous coronavirus misinformation on the site Facebook will soon let you know if you shared or interacted with dangerous coronavirus misinformation on the site, the latest in a string of aggressive efforts the social media giant is taking to contain an […]
Facebook, Inc. (NASDAQ:FB) Gains 30% In A Month Social networking giant Facebook (FB) has been trading higher after its shares touched 52-week low of $137.1 on March 18. The stock has gained nearly 30% in less than a month. FB recorded a 52-week high of $224.2 on January 29 this year. As the world is […]
Facebook, Inc. (NASDAQ:FB) Cut Ad Rates as Pandemic Sank Demand Advertising spending on Facebook (NASDAQ: FB) has taken a big hit amid the COVID-19 pandemic, and the company has cut the rates it charges for those ad in recent weeks. Citing companies that run ads on the tech company’s platform, The Wall Street Journal reported […]
Facebook, Inc. (NASDAQ:FB) Will Weather the Storm Shares of social media and digital advertising giant Facebook (NASDAQ:FB) have plummeted over the past six weeks on concerns that the rapidly spreading novel coronavirus will kill digital advertising globally for the foreseeable future. FB stock is consequently down about 30% from its mid-February highs. These concerns are […]
Facebook, Inc. (NASDAQ:FB) Throws Local News $100 Million Lifeline Amid COVID-19 Pandemic Facebook (NASDAQ: FB) is giving local news a lifeline amid the COVID-19 pandemic announcing a $100 million investment. In a blog post, Campbell Brown, vice president of global news partnerships at the social media giant, announced the company is investing $25 million in […]
Amid Coronavirus Lockdown, Facebook, Inc. (NASDAQ:FB) Portal TV Video Chat Device Sold Out Dismissed by industry analysts, Facebook’s Portal TV video chat device has been sold out on company’s website as well as on online platforms like Best Buy and Amazon, as people find the video calling app best way to stay in touch with […]
Facebook, Inc. (NASDAQ:FB) Says Fast Spread of Coronavirus Hits Advertising Sales, Apps Usage Surges Facebook Inc (FB) said the coronavirus outbreak is slowing down its advertising sales, even as usage of its social media platforms is growing fast following a lockdown in many countries around the world. “We’ve seen a weakening in our ads business […]
Facebook, Inc. (NASDAQ:FB) says coronavirus hits advertising sales Facebook Inc said on Tuesday the coronavirus outbreak was undercutting sales of the advertising that accounts for nearly all of its revenue, even as more users spend time on the social network during virus-related lockdowns. “We don’t monetize many of the services where we’re seeing increased engagement, […]
Facebook, Inc. (NASDAQ:FB) has been falsely flagging posts as spam Facebook, Inc. (NASDAQ: FB) has been falsely flagging posts as spam that are from a number of legitimate news organizations such as the BBC, Axios, The Atlantic and USA Today. The issue seems to occur with posts that have too many external links, according to USA Today. […]
Facebook, Inc. (NASDAQ:FB) Can Weather Storm Better Than Big-Tech Peers Wall Street is teetering on the brink of a historic percentage slump in the Dow, but for investors looking to stick with big tech, Facebook is likely the best bet, MKM partners said. Megacap technology and internet stocks are “significantly diversified” businesses that are better […]
Facebook, Inc. (NASDAQ:FB) Is Working On Cross-Posting Stories To Instagram Facebook is currently testing a crossposting feature that will allow users to share their stories directly to Instagram. Instagram users have had the ability to crosspost their stories for some time now. By linking their accounts on both platforms, users are able to share their […]
Australia Sues Facebook, Inc. (NASDAQ:FB), Alleges Breach of User Data The Australian privacy regulator filed a lawsuit against Facebook Inc accusing the social media giant of sharing the personal details of more than 300,000 people with political consultant Cambridge Analytica without their knowledge. In the Federal Court lawsuit, the Australian Information Commissioner accused Facebook of […]
Facebook, Inc. (NASDAQ:FB) encouraging employees in the Seattle area to work from home due to concerns about the novel coronavirus as the outbreak in Washington grows Amazon, Facebook, Google and Microsoft are all encouraging employees in the Seattle area to work from home due to concerns about the novel coronavirus as the outbreak in Washington grows. Amazon […]
Facebook, Inc. (NASDAQ:FB) weighs Libra revamp to win over reluctant regulators Facebook Inc. and its partners are considering redesigning the Libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators and rebuild momentum for the plan. When Facebook unveiled Libra, it […]
Facebook, Inc. (NASDAQ:FB) Stock Falls 3% Facebook (NASDAQ:FB) Stock fell by 3.06% to trade at $190.55 by 13:11 (18:11 GMT) on Tuesday on the NASDAQ exchange. The volume of Facebook shares traded since the start of the session was 12.37M. Facebook has traded in a range of $190.49 to $197.22 on the day. The stock […]
Facebook, Inc. (NASDAQ:FB) Pulls Out of South by Southwest Festival Over Coronavirus Fears Facebook Inc is pulling out of this year’s South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday. The virus outbreak, with a global death toll exceeding 3,000, has […]
Here’s How Much Your Privacy on Facebook, Inc. (NASDAQ:FB) Is Worth Facebook (NASDAQ: FB) is in the midst of a massive pivot toward privacy following years of controversy and data scandals. It’s been less than a year since CEO Mark Zuckerberg laid out his “privacy-focused vision” in a lengthy manifesto that pins Facebook’s future on encryption, […]
Facebook, Inc. (NASDAQ:FB) facing a major challenge to its business model The market seems to be ignoring it, but Facebook is facing a major challenge to its business model. One so big in fact, that it is an esoteric threat to its whole way of making money (not to mention the rest of social media). […]
Facebook, Inc. (NASDAQ:FB) stock continues to waver, as the recent trading range continues to tighten Let’s keep it simple, but nimble. On a move over $213, Facebook stock may have some short-term momentum. In that case, look to see how it handles the $218 to $220 zone. Above it puts $222.50-plus, and the 52-week high […]
Facebook, Inc. (NASDAQ:FB) Q4 earnings reviewed After a significant slump in October, Facebook’s market performance roared back to close out the Q4 earnings at historic highs that were in the neighborhood of the company’s mid-2018 peak. The company then proceeded to break those stock price records as the year turned over into 2020. Facebook stock […]
Facebook, Inc. (NASDAQ:FB) Stock Has Support Facebook (NASDAQ:FB) stock fell 7% after reporting earnings this week. At closing it was down 6%, shedding about $30 billion in market cap. It’s not like they delivered a terrible set of results; in fact, they beat forecasts. Wall Street decided that they didn’t beat them by a big […]
Facebook, Inc. (NASDAQ:FB) – A good quarter wasn’t good enough A good quarter wasn’t good enough for Facebook, with the tech giant’s stock price falling 6.5% in early trading on Thursday, a day after the company reported its Q4 earnings. The issue, for some on Wall Street, seems to be Facebook’s lagging growth. The company […]
Facebook, Inc. (NASDAQ:FB) beat on top and bottom lines, but the stock fell more than 7% Facebook beat on top and bottom lines, but the stock fell more than 7% on Wednesday after the company reported rising costs and expenses and a narrowing operating margin. Here are the key numbers: Earnings (EPS): $2.56 vs. $2.53 […]
Facebook, Inc. (NASDAQ:FB) Earnings Whispers Social media giant Facebook FB is set to release fourth-quarter fiscal 2019 results on Jan 29 after market close. The stock has returned 13.5% over the past three months, on par with the industry’s gain. The upside is expected to continue as Facebook is poised to beat the earnings estimate […]
Facebook, Inc. (NASDAQ:FB) Q4 Preview: Buy FB Stock Before Earnings? Facebook FB is one of many tech giants scheduled to report its quarterly earnings results this week. FB shares have outperformed the S&P 500 and its industry over the last year despite continued backlash and political scrutiny. The Social Media Power’s Pitch Facebook’s pitch to […]
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., 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 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 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 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. 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 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 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) 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 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 […]
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 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 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. 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’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 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 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 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 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 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% 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 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 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’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 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 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 […]