|Bid||178.63 x 400|
|Ask||178.64 x 400|
|Day's Range||178.04 - 181.75|
|52 Week Range||126.78 - 188.90|
|PE Ratio (TTM)||34.61|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
"The app became too cluttered" Facebook's head of Messenger David Marcus announced today in a post of plans for 2018 including "massively simplifying and streamlining Messenger this year."
Shares of Netflix, Inc. (NASDAQ:NFLX) have been on fire, up a robust 13.2% to start 2018. It far outpaces the rest of FANG, with Amazon.com, Inc. (NASDAQ:AMZN) up about 9%, while Facebook, Inc. (NASDAQ:FB) and Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) are up “just” 5.5% and 6.4%, respectively. How much higher can NFLX stock go?
Facebook Messenger head David Marcus says the company will streamline the app after it became too cluttered.
It may not be time to sell Facebook Inc (NASDAQ:FB), but completely discarding or discounting the news surrounding FB stock is equally foolhardy. A surprise announcement this past Friday by Facebook to reintroduce a user experience aimed at increased connectedness to friends and family, rather than a platform for product ads, public content and news was taken as an immediate threat by Wall Street. Given Facebook’s noble redirection, one which puts company ad revenues at risk, FB stock slid by nearly 4% on the session while giving bears fresh technical ammunition on the price chart.
Twitter Inc (NYSE:TWTR) may finally deliver for its shareholders. Owners of TWTR stock have suffered through a tumultuous couple of years. In 2015, Twitter stock collapsed from $50/share into the teens, and it has been pretty much dead money since then.
Facebook's newsfeed changes have scared short-term investors out of the stock. But Robert Frazer says new revenue streams and higher cost per click justify raising his 12 month target price to $215.
Facebook, Google, Amazon and Apple dominate their worlds just as Standard Oil and AT&T once did. Critics say they should get the same treatment. The answer to the antitrust question depends on a narrow ...
But with the right conditions, there is so much potential in the Iranian people, says Reza Pahlavi. He speaks with Simon Constable.
The Tech sector was one of the largest beneficiaries of this rally, with the Technology Select Sector SPDR ETF (XLK) registering a return of 32.2% in the last year, on top of a 12.9% gain it had registered in 2016.
Victor Anthony, Aegis Capital managing director, and Paul Meeks, Sloy, Dahl & Holst chief investment manager and portfolio manager, discuss the moves in FANG stocks.