196.95 +14.37 (7.87%)
After hours: 6:39PM EDT
|Bid||198.15 x 1100|
|Ask||192.24 x 3100|
|Day's Range||181.65 - 185.14|
|52 Week Range||123.02 - 218.62|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||24.12|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||197.14|
WhatsApp'sStories feature Status has 500 million dailies too, and Instagram hit thatmilestone three months ago
U.S. stocks slipped amid another busy day for corporate earnings, which featured mixed results from industrial heavyweights Caterpillar and Boeing.
Black activists are calling out Facebook on its hate speech policies stating that the company fails to take action on repeated reports of racial slurs and threats targeting Black users. This comes before President Trump who recently met with Twitter CEO Jack Dorsey to discuss the tech industry and his concerns of the company censoring conservatives online. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
Nasdaq hits record intraday high as the DJI, GSPC, and IXIC continue rally. Yahoo Finance's Julie Hyman, Adam Shapiro, Jared Blikre, Scott Gamm, and Matt Miskin, John Hancock Investments Market Strategist discuss.
Own a social media stock? The big names reported this week. Here's the short version Snap Inc. Snap's first-quarter earnings release sent the stock flying high after net losses were not as bad as many had expected.
Facebook Inc. shares jumped in late trading Wednesday, even as the company said it expects to pay a multibillion-dollar fine to the Federal Trade Commission.
Dow Jones futures: Facebook, ServiceNow, Microsoft and Lam Research were big earnings movers late, but Xilinx tumbled. Tesla and Chipotle were up and down.
(FB) stock (ticker: FB) was up about 8% in after-hours trading after the social networking giant reported earnings for its fiscal first quarter, despite its disclosure of a $3 billion charge related to legal expenses. Facebook shares have soared 39% in 2019. “We like that Facebook is once again leaning heavily into product [and] more actively pursuing revenue diversification,” JPMorgan Chase analyst Doug Anmuth said in a note to investors Sunday, referring to Facebook’s plan to roll out a private-messaging platform.
Shares of the world's biggest online social network jumped more than 10 percent after hours. The U.S. Federal Trade Commission has been investigating revelations that Facebook inappropriately shared information belonging to 87 million of its users with the now-defunct British political consulting firm Cambridge Analytica. Facebook set aside $3 billion to cover anticipated costs associated with the settlement, but said the charges could reach as high as $5 billion.
While most big-name companies reporting earnings after the bell outperformed expectations, others did not fare quite so well.
Is it safe to buy Facebook again? With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Chris Verrone and Guy Adami.
Loup Ventures' Gene Munster reacts to Facebook's earnings and conference call. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Chris Verrone and Guy Adami.