|Bid||173.20 x 1200|
|Ask||173.35 x 800|
|Day's Range||172.04 - 176.22|
|52 Week Range||149.02 - 218.62|
|PE Ratio (TTM)||26.89|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||211.03|
Yahoo Finance's Seana Smith and Dion Rabouin on the biggest headlines moving the markets in afternoon trading.
According to recent reports, Facebook has updated its Commerce Policy to specifically ban the sale of Kodi boxes on its site - that is, devices that come with pre-installed Kodi software, which are often used for illegally streaming digital content. The original report claims that Facebook added a new rule on its list of "Digital Media and Electronic Devices" under "Prohibited Content," which specifically calls out Kodi boxes.
Pomerantz LLP announces that a class action lawsuit has been filed against Facebook, Inc. (“Facebook” or the “Company”) (NASDAQ: FB) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 18-cv-06765, is on behalf of a class consisting of investors who purchased or otherwise acquired common shares of Facebook between April 26, 2018 and July 25, 2018, both dates inclusive (the “Class Period”). Plaintiff seeks to recover compensable damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder.
MARKET PULSE The Department of Housing and Urban Development brought a complaint against Facebook (fb) for violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discrimination.
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 25, 2018 to file lead plaintiff applications in a securities class action lawsuit against Facebook, Inc. (FB), if they purchased the Company’s shares between October 1, 2017 and July 26, 2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
Finding companies you want to buy is relatively easy compared to deciding it’s time to unload them -- at least if you want to be doing it for the right reasons.
NEW YORK (AP) — Federal regulators are alleging that Facebook's advertising tools allow landlords and real estate brokers to engage in housing discrimination.
If you rely on someone else’s platform to express unpopular ideas, especially ideas on the right, you’re now at risk. The most famous victim of deplatforming is, not coincidentally, the least popular: Alex Jones, the radio host known for promoting outrageous conspiracy theories about everything from vaccinations to the Sandy Hook massacre. In a concerted action earlier this month aimed at loosely defined “hate speech,” Facebook, Apple, Spotify and YouTube removed from their services most of the material by Mr. Jones and his InfoWars network.
The U.S. Says Facebook's ad targeting tools allowed landlords to engage in housing discrimination #tictocnews https://bloom.bg/2BlOLxU (Source: Bloomberg)
Shares of Electric car maker Tesla Inc. tumbled about 9 percent Friday after CEO Elon Musk conceded in a newspaper interview that job stress may be getting the best of him. Tesla shares closed at $305.50, their lowest level since Aug. 1, as analysts and business professors questioned whether the company's board should grant Musk a leave or even replace him with a more seasoned CEO. SAN FRANCISCO (AP) -- A privacy group says in a letter to Federal Trade Commission that Google has violated the terms of a 2011 settlement because of practices exposed in an Associated Press report this week.
Here’s a simple thesis on Amazon.com (NASDAQ:AMZN) stock: So long as Amazon keeps disrupting industries, AMZN stock will keep heading higher. Amazon pioneered e-commerce, stole significant market share from traditional retailers, and is now one of the world’s largest retailers. Amazon pioneered cloud services, stole significant market share from traditional IT players, and is now the world’s largest cloud company.