|Bid||56.58 x 1000|
|Ask||59.09 x 900|
|Day's Range||58.18 - 58.78|
|52 Week Range||47.83 - 60.53|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.92|
|Expense Ratio (net)||0.46%|
Facebook came up with robust second-quarter 2019 results, wherein it beat estimates on both revenues and earnings. However, it warned of deceleration in revenue growth, more specifically in the fourth quarter.
Investors seeking profits in the frothy bull stock market and looking for places to stash them, may want to consider a few safe haven investment ideas, other than the typical cash and fixed income securities.
Facebook has gained nearly 21% over the past three months. The strength is expected to continue given that Facebook has a reasonable chance of beating earnings estimates this quarter.
Though Google parent Alphabet reported strong fourth-quarter 2018 results topping both revenue and earnings estimates, higher-than-expected spending sparked investors' concerns over the future return on investment.
Facebook added strong earnings and revenue as friends following the close of Wednesday’s market session as the social media company bested Wall Street’s expectations. Shares of Facebook soared as much ...
2018 saw the retooling of the telecom sector into the communication services sector. Communication services companies include major telecommunications networks like AT&T and Verizon, as well as several of the FAANG stocks, The Walt Disney Company and more. Indeed, the S&P Communication Services Select Sector, the first benchmark index for the new sector, returned more than 143% for the year through May 16, 2018.
In the wake of declining shares and reduced investor confidence, Facebook CEO Mark Zuckerberg is taking on a more aggressive management style in an effort to prop up the social media giant as shares fell 5% on Monday, while exchange-traded funds (ETFs) with the heaviest Facebook allocations faltered. The Communication Services Select Sector SPDR Fund (XLC) fell 2.12%, Vanguard Telecom Services (VOX) was down 1.96% and the iShares Global Telecom (IXP) slid 1.48%. In addition, the Global X Social Media ETF (SOCL) stumbled 2.78%.