|Bid||179.72 x 700|
|Ask||179.73 x 100|
|Day's Range||179.00 - 181.75|
|52 Week Range||126.78 - 188.90|
|PE Ratio (TTM)||34.90|
|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."
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.
Early Facebook investor Roger McNamee has sharply criticized the social network for engineering digital echo chambers online that bad actors used to influence public opinion during the 2016 presidential election. This month, McNamee penned three separate editorial articles for The Guardian , Washington Monthly and The Washington Post , all with a similar message: Facebook is broken and needs to be fixed, quickly. “On Facebook, it’s your news feed, while on Google it’s your individually customized search results,” McNamee wrote in Washington Monthly.
The Technology sector will continue to benefit from increasing demand for cloud-based platforms as well as growing adoption of AI solutions.
For Facebook Inc. and its wildly successful social-media network, the changes it announced to its news feed on Thursday could have sweeping implications.
Needham and GBH Insights believe Facebook's financial results will not be materially impacted by the newsfeed change.
After the market closed last week Thursday, Facebook announced changes to their newsfeed, prioritizing social engagement over viral videos. On Friday, the stock pulled back $8.40 closing at $179.37. Tony is using this 4.5% pullback to buy more FB.
Early investor and adviser to Mark Zuckerberg says Facebook needs to make fundamental changes in the wake of fake news, Russian meddling in U.S. elections.