178.03 -0.36 (-0.20%)
After hours: 7:37PM EST
|Bid||178.03 x 600|
|Ask||178.18 x 300|
|Day's Range||178.04 - 181.75|
|52 Week Range||126.78 - 188.90|
|PE Ratio (TTM)||34.57|
|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."
Markets and indexes continue to hit new highs just two weeks into 2018, with the likes of Amazon (AMZN) and other giants experiencing substantial gains already in the New Year. Now, as investors look out at all of the possible investment opportunities for 2018, some might want to consider doubling-down on Facebook (FB) or scooping up the social media behemoth for the first time.
Police in Denmark have charged 1,004 young people after they shared on Facebook Messenger a video showing two 15-year-olds having sex. The tip-off came from Facebook itself, which went to the US authorities, who in turn informed Europol. According to Danish police, sharing the video could constitute distribution of child pornography. (link in Danish). Bloomberg…
Earnings season has now kicked off, and word on the Street is that it’s going to be a very good one. Overall S&P 500 profits are expected to soar by 11.2% in Q417 according to UBS strategist Keith Parker. He told CNBC that this would be the second-strongest earnings growth period since 2011.
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 Frazier 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 ...