201.30 +0.52 (0.26%)
After hours: 7:05PM EDT
|Bid||201.31 x 1200|
|Ask||201.46 x 800|
|Day's Range||199.38 - 202.46|
|52 Week Range||123.02 - 218.62|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||29.80|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||222.97|
Who wants to regulate Facebook's unprecedented new blockchain and cryptocurrency, Libra?
Instagram is expanding its move to hide the total number user likes on pictures and posts. The design feature originally tested in Canada is hitting six more countries including Italy, Japan, and Australia. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
Instagram is rolling out a test in a few countries that doesn't show how many likes a photo gets. What does this mean for influencer culture? Yahoo Finance's Dan Roberts, Sibile Marcellus, and Anjalee Khemlani discuss with Steve Bartlett, The Social Chain Group CEO.
Washington’s war on Big Tech is more of a high-stakes poker game than a real threat to the businesses of Google, Amazon, Apple, and Facebook, according to a new analyst note.
Facebook's critics had questions about both sides of the company's two-prongedapproach to transforming the global financial services industry
iHeartMedia (IHRT), the 1 audio media company in the US, has emerged from bankruptcy and its ownership is now available to the public on the NASDAQ exchange. The debt owners have taken over the firm in a restructuring plan that wiped more than $10 billion in debt off the books.
Cash App is free to download, and its core functions free to use. So how does this app, which has been downloaded more often than Venmo, make money?
The US-China trade deal is reportedly 90% complete. However, it’s the remaining 10% that’s turning out to be difficult.
Investing with IBD is a weekly podcast focused on helping investors learn how to make more money in the stock market by using stock charts to find top stocks.
After the contentious series of hearings, Rep. Maxine Waters and others said that Facebook CEO Mark Zuckerberg should be called to testify on plans for the cryptocurrency.
Shopify stock has been a huge winner in 2019. Shopify earnings are booming and the company plans to compete more with Amazon. But is SHOP stock a buy now?
Investing.com -- Bitcoin regained its footing Thursday, rising above the key $10,000 level after a sudden intraday surge higher.
The "Mad Money" host shifted his stance Wednesday and said during his show that Facebook "has to drop" its plans. Speaking directly to Facebook execs, who Cramer said watch the show, he said the company should take "some of your money" geared toward an expansion into payments and acquire Square Inc (NYSE: SQ) for $70 billion, or a 100% premium.
Facebook (NASDAQ:FB) saw its user privacy scandal finally come to a tepid conclusion last week. The company agreed to pay a $5 billion fine, the largest fine ever given by the Federal Trade Commission.Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsFB also dealt with regulatory opposition over its plans to launch the cryptocurrency Libra. Both situations sound serious, but they will likely have little effect on Facebook's stock going forward. * 7 Stocks Top Investors Are Buying Now The tech company continues to grow and these regulatory issues will prove to be no more than a blip on its radar. Facebook's shares are up more than 55% year-to-date and the company has made up for nearly all of its 2018 losses. Here are three things to expect from FB stock in 2019. Renewed Focus on PrivacyFacebook CEO Mark Zuckerberg recently announced that the company will focus on user privacy going forward. Facebook plans to merge its three major messaging platforms: WhatsApp, Messenger, and direct messaging on Instagram. When this happens, the company will utilize end-to-end encryption. This means your messages would be unreadable to anyone but you and the intended recipient. FB has also renewed its commitment to reduce data retention and to not store data indefinitely. FB Platform Will Focus on GroupsOver the years, Facebook has turned into more of a news source than anything else. But in line with the company's shift to privacy, Facebook's platform will be updated with a renewed focus on groups.Facebook is redesigning both its mobile and desktop apps with new features that promote group communication instead of the traditional News Feed. The company also plans to make changes to Facebook stories and Marketplace. Facebook Will Diversify RevenueThe majority of Facebook's $56 billion in annual revenue comes from advertising. But this will be harder to do if the platform shifts its focus onto messaging, groups, and Facebook Stories. It's likely Facebook will diversify its revenue by integrating payment systems within its platform. The company has already started to move in this direction with the announcement of Libra. FB will make money off the cryptocurrency by offering a digital wallet called Calibra. However, this is a long-term venture as Facebook doesn't plan to launch Libra until 2020. Final ThoughtsMany people expected Facebook to get hit with a big fine, but few people expected that the company's shares would go up after. Not only do the company's shareholders seem to care very little about its privacy issues but its users don't seem to care that much either.Were there users who jumped ship and left the platform altogether after the privacy issues came out? Sure, but they were probably in the minority. Facebook has over two billion monthly active users and adds 500,000 new users every day. Opinions are divided when it comes to Facebook, but the company seems to have an endless ability to rebound from trouble. Don't let regulatory concerns keep you from investing in a long-term growth stock like FB. As of this writing, Jamie Johnson did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post Regulatory Issues Will Have Little Effect on Facebook Stock appeared first on InvestorPlace.
Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and "a prolonged discussion" may be needed first, the man in charge of their response told Reuters. Facebook announced Libra -- a new digital coin backed by four official currencies and available to billions of social network users around the world -- a month ago, adding that it was hoping to launch as soon as next year. Benoit Coeure, the European Central Bank board member who chairs an international working group on Libra, said Facebook's global reach meant the cryptocurrency had to be safe "from day one" for its users, the financial system and authorities fighting crime.