|Bid||1,493.60 x 200|
|Ask||1,496.90 x 200|
|Day's Range||1,495.36 - 1,549.02|
|52 Week Range||833.50 - 1,617.54|
|PE Ratio (TTM)||243.18|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Facebook's week from hell. The stock off more than 10%. Hitting FANG where it hurts. And it's not over. The Senate commerce committee just this afternoon calling for Facebook CEO Mark Zuckerberg to testify about the Cambridge Analytica data scandal.
Facebook and Amazon both lost $75 billion in market cap last week. While Amazon and Netflix also declined last week they have added $158 and $47 billion for the year, respectively. Apple fell but its much lower valuation should provide some support.
With the much-anticipated AT&T/Time Warner antitrust trial now under way in Washington, Time Warner shares look appealing, based on their underlying value and AT&T’s strong chances of winning. Time Warner (TWX) finished Friday at $92.57, or roughly $11 below the current value of AT&T’s (T) cash and stock bid, worth $103.60 a share. The shares initially might fall $5, to the high $80s, if the government wins and the deal dies, but some analysts think that Time Warner could quickly recover to its current price, given its earnings power.
New consumer research shows that podcast listenership has risen to true mainstream levels. Yet questions persist about podcasting's future revenue potential. Some podcasting businesses are contemplating a transition to direct consumer revenue, but that transition will be tough.
New York Stock Exchange floor trader Matt Cheslock joins Yahoo Finance's Seana Smith to discuss the latest market moves.
Amazon has reportedly been granted a patent for drones that can react to screaming and flailing arms. What could go wrong? Yahoo Finance's Seana Smith, Pras Subramanian and Julia La Roche discuss.