|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||N/A - N/A|
|52 Week Range||undefined - undefined|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
On today's Tech Howl we're talking Facebook restricting ads for gun accessories, Huawei's high-powered MateBook X Pro, and how your old school Nintendo and Genesis games could be worth big bucks.
Michael Graham, Canaccord Genuity senior analyst, discusses how Snap is faring in competition with Facebook, the app's redesign, and the future for CEO Evan Spiegel.
Snap CEO Evan Spiegel speaks with CNBC’s Julia Boorstin live from the Cannes film festival in an exclusive interview on the social media company’s recent update backlash, its rivalry with Facebook and its focus on remaining a tech company.
Snap CEO Evan Spiegel speaks with CNBC’s Julia Boorstin live from the Cannes film festival in an exclusive interview on the social media company’s focus on being a tech company as opposed to a media or advertising business.
Snap CEO Evan Spiegel speaks with CNBC’s Julia Boorstin live from the Cannes film festival in an exclusive interview on the social media company’s advertising rivalry with Facebook.
Facebook shares have more than doubled since coming to market, but these three stocks could be better buys for growth-seeking investors.
Soon, the communications manager at a Seattle nonprofit noticed car advertisements on the websites she visited, even for specific cars she had just researched. In December, she bought a new 2018 Subaru Crosstrek. While digital ads that follow users around the web have existed for years, online data and advertising practices are being looked at more closely in the wake of the Cambridge Analytica scandal and Russian meddling in the 2016 U.S. presidential election.
In the social-media age, ad boycotts receive more attention, but that trend hasn’t made them more effective. In the past year or so, several brands have been pressured by consumers and activists to pull their ad spending from controversial outlets. Last spring, a number of brands fled Google Inc.’s YouTube when their ads began running alongside extremist content on the site.
When the first digital data miners churned out the first primitive profiles of advertising readers and viewers a couple of decades ago, the landscape of marketing—the business of promoting your products, services and message to a receptive audience—was transformed. Data about consumers, their tastes and habits, and the ability to manipulate it so that you could target exactly who you were looking for, finally offered an answer to that age-old marketer’s complaint about wasting half the money you spend on advertising but not knowing which half. This application of the digital revolution to marketing not only improved the efficiency of advertising, of course.
Moving jobs out of San Francisco, even this modest amount, is likely to resonate with Bay Area residents pondering a move to one of the many cities where their money goes further.
Apple (AAPL) has created new privacy tools in its Safari browser that would restrict how companies such as Facebook (FB) collect personal data from iPhone users. Data and ad-driven social media companies such as Facebook need to build user profiles in order to deliver relevant advertising messages to them in what the industry calls targeted advertising.
Bash Facebook (FB) all you want, but the stock not only hit an all-time intraday high earlier today but is flirting with $200 per share. Of 44 analysts with recommendations on Facebook shares, only one had serious reservations. Complain as they may about Facebook's handling of their data, the addictive qualities of social media, and the escalating power of the company, consumers show no signs of voluntarily posting personal photos, information, and opinions.
On September 28, Facebook and Alphabet will be moved out of the Information Technology sector to the Communications Services sector. Since SEC rules require tech funds to invest at least 80% of its assets in tech stocks, tech funds may have no choice but to sell Facebook and Alphabet after the reclassification. About 74% of Facebook and 80% of Alphabet is owned by mutual funds and other institutions that often have similar investment restrictions.
Facebook Inc. ( FB) may not have the trust of most Americans, including its users, but it still has the support of the majority of analysts on Wall Street. Barron’s, citing data from FactSet Research, found that of the 44 analysts who cover the social media giant, 41 have buy ratings on the stock while only two rate it a hold, and only one Wall Street analyst has a sell rating on the social media giant. The average price target for Facebook is $221, which implies more than 10% upside from its current stock price of $198.40.
Domestic dividend funds are still growing. Thanks in part to significant amounts of cash repatriated back to the U.S. following the recent tax cuts, S&P 500 member firms are boosting payouts. “From the start of the year through May 18, 187 companies have either increased or initiated a dividend, the second-highest number through the first five months of the year since 2011,” reports CNBC, citing S&P Dow Jones Indices.
Speaking in an interview on CNBC from the Cannes Lions International Festival of Creativity in France, Spiegel said the company remains focused on the camera and stressed that Snap is a technology company, rather than a media or social-networking service. The CEO said Snapchat’s "friend graph" will help keep Facebook at bay.
This can be primarily attributed to low costs and an algorithmically narrowed target audience compared to television advertisements. In such a scenario, companies offering digital advertisement platforms have been witnessing a surge in demand for their offerings eventually adding to their top-line growth. The most prominent names in this space are Alphabet Inc’s (NASDAQ:GOOGL) Google division and Facebook Inc (NASDAQ:FB), given their market share in digital advertising spending, which surpasses that of the other players combined together.
Everyone, it seems, hates Facebook (FB) these days. The latest evidence: A Monday article in The Wall Street Journal, which notes that despite an early-2018 surge in bad publicity—much of it, to be sure, earned—there’s strong demand for the services of the Barron’s Next 50 company and other digital advertising powerhouses. From Alexandra Bruell’s story: While some brands have pulled back in spending on Google and Facebook due to issues that range from brand safety to performance challenges, ad buys from small and local businesses are more than making up for the cuts, said Vincent Letang, executive vice president of global market intelligence at Magna.