|Bid||179.19 x 1000|
|Ask||179.23 x 1000|
|Day's Range||178.25 - 179.97|
|52 Week Range||123.02 - 218.62|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||23.69|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||197.14|
A diluge of corporate earnings reports and U.S. GDP data will take center stage this week.
Tech companies are about to hit competition they can’t shake: Their slightly younger selves. Get ready for the phrase “tough compare” to be muttered by dozens of executives and analysts as earnings season hits high gear this week, because growth was so strong in 2018 that 2019 is bound to look bad by comparison. The first quarter for tech is often slower after the holiday rush, but not last year, when semiconductor companies flourished selling suddenly scarce memory and crypto-mining chips and profit was easy to find even in the famously profit-averse internet sector amid the tax-cut windfall.
Sri Lankan officials blocked social media services like Facebook and WhatsApp following deadly Easter Sunday bombings that killed nearly 300 people, attempting to prevent the spread of misinformation. Critics say the measure could prove more harmful than helpful as locals try to communicate in the wake of the deadly Easter bombings. Sri Lanka previously banned social media during a 10-day state of emergency in March 2018.
Dow Jones futures: Earnings reports will tackle key stock market questions this week. Can chips keep running and software rally? Will Facebook grow? How costly is the Boeing 737 Max mess?
Half of the FANG trade goes under the microscope this week. Facebook FB and Amazon AMZN , worth $1.4 trillion combined, will report on earnings on Wednesday and Thursday, respectively. The options market is not pricing in how volatile trading could get in the wake of those releases, according to Stephen Mathai-Davis of research site Quantamize.
Last quarter, a number of companies warned that slowing global growth as well as international trade tensions could weigh on their bottom lines, so investors are eagerly awaiting first-quarter results to get a sense of the overall health of U.S. companies. Among the companies set to report are industrial heavyweights Boeing BA , Caterpillar CAT and Lockheed Martin LMT , tech giants Amazon AMZN , Facebook FB and Twitter TWTR , and key energy players like Exxon XOM and Chevron CVX . There may be many names to choose from, but Piper Jaffray's Craig Johnson and Strategic Wealth Partners' Mark Tepper agree that Amazon AMZN is the name to watch ahead of earnings.
Social-networking giant Facebook is scheduled to report fiscal first-quarter financial results Wednesday after the market’s close.
Sri Lankan authorities flicked the off switch on most social media after Easter Sunday attacks on churches and hotels killed hundreds of people, a dramatic reaction that reflects distrust in the capability of American internet companies to control harmful content. The block on social media including Facebook and its WhatsApp and Instagram services was announced by the government's official news portal, which cited the spread of "false news reports" online. Twitter appeared unaffected.
Volodymyr Zelensky, a comedian with no political experience, was on track to become Ukraine’s president after what appears to have been a landslide victory in Sunday’s election. With 95 per cent of votes counted on Monday morning, the 41-year-old had taken 73 per cent of the vote, with just under 25 per cent for incumbent Petro Poroshenko. Mr Zelensky’s win caps an extraordinary rise to power for an actor who only announced his plans to run for office in a New Year’s eve comedy show.
One of the operations most vital to Facebook Inc. at this moment is a world away from its Menlo Park, California, headquarters, and in more ways than one. This is Boom Live, one of seven tiny fact-checking firms at the heart of Facebook’s efforts to rebuild some of its credibility during India’s elections. Based on the early tallies, more than 60 percent of India’s 900 million eligible voters are expected to cast ballots between now and May 19, as the center-left Congress Party tries to seize power from the right-wing Bharatiya Janata Party.
A group that monitors internet censorship said Sri Lankan authorities have blocked most social media services in the country following attacks that killed more than 200 people on Easter Sunday.
Start-up executives in health and education say they're having success recruiting from tech giants like Facebook FB and Alphabet GOOGL , where they previously struggled. The tech giants have suffered a variety of scandals and negative press in the last couple of years, making retention harder in the notoriously cutthroat competition for talent in Silicon Valley. Facebook has dealt with a series of crises , from allegations that the company doesn't do enough to protect user data, to a one-day 20% stock plunge in the wake of a bad earnings report in July 2018 .
Learn why Facebook, Twitter, and Instagram each appeal to different target markets of users of social networks worldwide.
More than a third of people in the UK believe that losing money or personal information over the internet is now “unavoidable”, a survey has found, in a further sign of growing public concern about online privacy. The research, carried out by Britain’s National Cyber Security Centre, part of digital intelligence agency GCHQ, also revealed that 70 per cent of the public believe they will be a victim of cyber crime in the next two years. The findings come as business leaders and tech companies are under growing pressure from regulators in Europe and the US to tighten security and improve their standards for handling personal data.
The government imposed an island-wide curfew as security forces try to maintain law and order and investigate the attacks. No one has claimed responsibility for the six coordinated explosions that took place at 8:45 a.m. local time mainly in the capital Colombo, and separate blasts later in the day. Sri Lanka had previously received warnings of possible church attacks, but not on hotels, Defence Secretary Hemasiri Fernando said on Sunday, noting some of the explosions were suicide bombings.
, Facebook’s head of global affairs, has written to Antonio Tajani, president of the European Parliament, offering to explore ways to exempt European parties and EU elections from the campaign rules after they sparked a fierce backlash among MEPs.
My favorite hedge fund event is the annual Sohn Conference in New York. This year’s event will be held on May 6th, so I decided to take a look at how last year’s picks fared and whether hedge fund managers were able to generate any outperformance with their recommendations. Last year Harvard University’s Patrick Luo released […]
Mastercard CMO Raja Rajamannar, the new president of the World Federation of Advertisers, said he wants to see the "game plan" from social media platforms. Facebook, Instagram and YouTube have been under fire after displaying content ranging from self-harm to live-streaming of a terrorist attack in Christchurch, New Zealand. Since the platforms receive so much revenue from advertising, "They cannot completely ignore the rightful preferences of the advertisers," said Rajamannar.
The internet has transformed life as we know it. With the internet, the average person has access to the world's store of information, nearly limitless media content, and the ability to purchase and order millions of different items online. With the development of cheaper and cheaper rockets and satellite internet, there is now potential for companies […]