160.75 +0.28 (0.17%)
After hours: 7:59PM EDT
|Bid||160.75 x 800|
|Ask||160.84 x 2200|
|Day's Range||159.28 - 163.54|
|52 Week Range||123.02 - 218.62|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||21.20|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||196.07|
Facebook shares are in the red after Needham downgraded the stock, citing concerns over regulation and leadership shake-ups. Yahoo Finance's Zack Guzman, Dan Howley, and Heidi Chung discuss.
Needham & Company downgraded the social network's stock due to a number of factors.
Last Friday, social media users intent on sharing the mosque shooting video were said to have used several methods to create a new version with a digital fingerprint different from the original, so as to evade companies' detection systems. "This incident highlights the importance of industry cooperation regarding the range of terrorists and violent extremists operating online," the grouping, which includes Facebook Inc, Alphabet Inc's Google and Twitter Inc, said.
The white supremacist accused of gunning down 50 people at two mosques in New Zealand has dismissed his lawyer and opted to represent himself at trial, prompting the prime minister to declare Tuesday that she would do everything in her power to deny him a platform for his racist views. "I agree that it is absolutely something that we need to acknowledge, and do what we can to prevent the notoriety that this individual seeks," Prime Minister Jacinda Ardern told reporters. Asked if she would like the trial to occur behind closed doors, Ardern demurred, saying that was not her decision to make.
Learn why Facebook, Twitter, and Instagram each appeal to different target markets of users of social networks worldwide.
Facebook's effort to establish a service that provides its users with local news and information is being hindered by the lack of outlets where the company's technicians can find original reporting. The service, launched last year, is currently available in some 400 cities in the United States. Facebook announced Monday it would share its research with academics at Duke, Harvard, Minnesota and North Carolina who are studying the extent of news deserts created by newspaper closures and staff downsizing .
Should investors consider buying Microsoft (MSFT) stock at new all-time high as the company expands its cloud computing and IoT businesses, while maintaining its influence over the personal computer market?
Healthcare, blockchain, data privacy, and community all converge in an innovative new company that should be on your radar. See what LunaDNA's cofounder says about the future of consumer genomics.
Specifically, more executive departures are high atop the list of issues investors have their eyes on. Facebook product chief Chris Cox announced his departure from the company last week, as well as What'sApp head Chris Daniels. "Silicon Valley is a competitive place for top talent and losing these senior executives from FB may cause them to land at a company that competes with FB," wrote Needham and Co. analyst Laura Martin, who downgraded Facebook from Buy to Hold, in a note out Monday morning.
An activist investor wants to know what drug giant Gilead is doing with its multibillion-dollar windfall from the 2017 federal tax overhaul.
The financial impact of Facebook's strategic pivot toward privacy and encrypted messages, and the growing risks of regulation, are among the reasons Facebook's valuation will decline.
Gaming and Social Media: Facebook, Snapchat, Twitter, and EAFacebook is launching a gaming tab on its main appEsports have been gaining traction over the year, with millions now watching their favorite gamers play through platforms such as
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains details what to expect from Nike's (NKE) third-quarter fiscal 2019 financial results that are due out after the closing bell on Thursday, March 21.
Shares of Facebook fall toward a third straight loss after Needham analyst Laura Martin downgrades the social-media giant, citing concerns that “negative network effects” could speed up the destruction of value for investors.
Shares of the social media giant moved lower during Monday's session as analysts show increasing concerned over privacy revelations.
Mobile Nations senior editor Russell Holly and Cybersponse Founder Joseph Loomis on whether social media giants will be able to remove all of the footage from the New Zealand massacre.