FB - Facebook, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-2.36 (-1.27%)
At close: 4:00PM EDT
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Previous Close186.17
Bid184.05 x 900
Ask184.25 x 1800
Day's Range182.39 - 186.00
52 Week Range123.02 - 208.66
Avg. Volume16,752,987
Market Cap524.401B
Beta (3Y Monthly)1.25
PE Ratio (TTM)31.09
EPS (TTM)5.91
Earnings DateOct 28, 2019 - Nov 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est232.33
Trade prices are not sourced from all markets
  • Gun sellers find loophole on Facebook
    Yahoo Finance Video

    Gun sellers find loophole on Facebook

    Facebook launched marketplace four years ago, but guns are prohibited from being sold. Sellers are getting around this through a loophole. They list gun cases or boxes for a higher price. What can facebook do? Yahoo Finance's Adam Shapiro and Julie Hyman discuss with panel.

  • Big Tech facing antitrust inquiries
    Yahoo Finance Video

    Big Tech facing antitrust inquiries

    Some of the country's biggest tech names are facing new scrutiny as a group of state attorneys general are reportedly looking to launch their own investigation into Facebook, Google, Amazon and Apple. Meanwhile, Twitter and Facebook are both accusing China of spreading misinformation in Hong Kong amid the protests there. 

  • EU Probes Facebook's Digital Currency

    EU Probes Facebook's Digital Currency

    Aug.20 -- Facebook’s cryptocurrency Libra is facing scrutiny from the European Union with documents saying anti-trust regulators are already probing the two-month old project. Bloomberg’s Sarah Frier reports on “Bloomberg Daybreak: Asia.”

  • Twitter, Facebook suspend Chinese social media accounts
    ABC News Videos

    Twitter, Facebook suspend Chinese social media accounts

    The accounts were removed after making protests in Hong Kong appear more violent than they were.

  • Facebook unveils new tools to control how websites share your data for ad-targeting

    Facebook unveils new tools to control how websites share your data for ad-targeting

    Last year, Facebook CEO Mark Zuckerberg announced that the company would becreating a "Clear History" feature that deletes the data that third-partywebsites and apps share with Facebook

  • Blockchain Is Revolutionizing The Way We Do Business

    Blockchain Is Revolutionizing The Way We Do Business

    Blockchain is one of the most revolutionary technologies of this generation and has applications that spread across every sector of our economy. The technology has applications that go way beyond a means of transferring wealth.

  • Better Buy Amid Market Volatility: Amazon (AMZN) vs. Walmart (WMT) Stock

    Better Buy Amid Market Volatility: Amazon (AMZN) vs. Walmart (WMT) Stock

    Let's take a look at which stock, Amazon (AZMN) vs. Walmart (WMT), looks like a better buy amid market volatility...

  • American City Business Journals

    These 5 Bay Area companies are Bank of America's picks to best survive a recession

    A new Bank of America Merrill Lynch report lays out a dozen stocks to have during the recession. Half of them are for companies either based in Silicon Valley or that have a strong presence here.

  • Facebook already faces ‘the first real competitor’ to crypto Libra

    Facebook already faces ‘the first real competitor’ to crypto Libra

    Facebook has been scrambling to get its global cryptocurrency payment network called Libra off the ground, but challengers abound.

  • Facebook to launch tool that lets you block the social network from collecting your data

    Facebook to launch tool that lets you block the social network from collecting your data

    Soon, you could get fewer familiar ads following you around the internet — or at least on Facebook (FB) . Facebook is launching a long-promised tool that lets you block the social network from gathering information about you on outside websites and apps. The company said Tuesday that it is adding a section where you can see the activity that Facebook tracks outside its service via its “like” buttons and other means.

  • Better Buy: MercadoLibre vs. Facebook
    Motley Fool

    Better Buy: MercadoLibre vs. Facebook

    Lots of potential for both, but a big difference in valuation.

  • Reuters

    US STOCKS-Wall Street rally halts as financial shares slide

    Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week. The S&P 500 financial index dropped 1.2%, and the group weighed most heavily on the benchmark index among its major sectors, which were almost all in the red. Only consumer discretionary shares posted gains, a modest 0.16% rise, as shares of Home Depot Inc climbed 4.4%.

  • Quality ETFs for Volatile Markets

    Quality ETFs for Volatile Markets

    Stocks with excellent earnings growth and strong balance sheets deliver better risk adjusted returns over the long term

  • DOJ Talking With States in ‘Broad’ Tech Antitrust Probe

    DOJ Talking With States in ‘Broad’ Tech Antitrust Probe

    (Bloomberg) -- The U.S. Justice Department intends to work with state attorneys general in a broad review of whether large technology companies are harming competition, the department’s top antitrust official said.More than a dozen states are interested in the issue and will likely cooperate with the Justice Department, Makan Delrahim, the head of the antitrust division, said Tuesday at a technology conference in Aspen, Colorado.“We will be taking a broad look, and we look at it with no preconceived agendas,” he said. “I anticipate it would be in cooperative manner,” he added about the state and federal efforts.The Justice Department in July said it intended to scrutinize the conduct of the largest tech platforms. It didn’t specify which firms it would look at but strongly suggested Facebook Inc., Alphabet Inc.’s Google and Amazon.com Inc. are in the cross-hairs, saying it would examine concerns about search, social media and online retail.A group of state attorneys general is also gearing up to investigate tech companies, Bloomberg reported in June.Facebook-Instagram Deal Warrants New Scrutiny, Colorado AG Says“We continue to engage in bipartisan conversations about the unchecked power of large tech companies,” New York Attorney General Letitia James’s office said in a statement. “We must ensure we protect competition, protect our economy, and protect consumers.”Delrahim said cooperation between the Justice Department and the states would reduce the burden on the companies being investigated. His comments are likely to be welcome news to the tech companies. Separate state and federal investigations could mean multiple requests for documents and depositions as well as multiple penalties.Companies that are subjects of the Justice Department investigation are cooperating with investigators to provide information, Delrahim said. He said there is no specific time line for the probe.(Updates with comments on why companies would welcome joint investigation in 7th paragraph.)To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Vicky Graham in Arlington at vgraham7@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Paula Dwyer, Mark NiquetteFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GuruFocus.com

    AH Equity Partners III, L.L.C. Buys PagerDuty Inc, Facebook Inc

    Menlo Park, CA, based Investment company AH Equity Partners III, L.L.C. (Current Portfolio) buys PagerDuty Inc, Facebook Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, AH Equity Partners III, L.L.C.. Continue reading...

  • Facebook's Libra faces EU antitrust probe: Bloomberg

    Facebook's Libra faces EU antitrust probe: Bloomberg

    The European Commission is "currently investigating potential anti-competitive behavior" related to Libra amid concerns that the proposed payment system would unfairly shut out rivals, said the report. Libra is a global crypto-currency by Facebook, set to launch in 2020. EU officials said they were concerned how about Libra may create "possible competition restrictions" on the information that will be exchanged and the use of consumer data, according to Bloomberg.

  • Bloomberg

    EU Antitrust Probe Is Facebook-Led Libra's Latest Headache

    (Bloomberg) -- The new Libra digital currency hasn’t even launched yet, but barely two months after the Facebook Inc.-led association announced its plans, it’s already facing a number of stumbling blocks. In the latest example of rising regulatory scrutiny into Mark Zuckerberg’s cryptocurrency project, Bloomberg on Tuesday reported that the European Union’s antitrust watchdog is investigating Libra, raising questions about the prospects of success for the digital coin.*June 18, 2019: Facebook announces plans to help create the Libra coin with 27 partners, including Visa Inc., Mastercard Inc. and Uber Technologies Inc. The digital currency, which would be tied to established government-backed currencies and securities, is set to launch as soon as next year.*June 18: U.S. Representative Maxine Waters, chairwoman of the House Financial Services Committee, urges Facebook to halt development of the token until regulators can examine it.*June 22: Burkhard Balz, board member of Germany’s central bank, says in a newspaper interview that there’s a danger the token could circumvent regulatory requirements for money laundering and terrorist financing.*July 10: Federal Reserve Chairman Jerome Powell tells lawmakers at a House Financial Services Committee hearing in Washington the Libra token “raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability.”*July 11: Bank of France Governor Francois Villeroy de Galhau says of the Libra project at a committee hearing at the French Senate: “The more we investigate this project, the more we have serious questions.”*July 11: President Donald Trump criticizes the plans on Twitter, saying Libra “will have little standing or dependability.”*July 14: The House Financial Services Committee’s Democratic majority circulates a draft bill proposing to prohibit big tech companies from offering banking or other financial services.*July 15: Speaking from the White House, Treasury Secretary Steven Mnuchin says he has serious concerns about the national security implications of Facebook’s coin.*July 16-17: During hearings on the proposed Libra cryptocurrency, Democratic lawmakers say the plans pose privacy and national security risks. Facebook executive David Marcus vows that the company will take the time to address all concerns raised.*July 17: Pierre Moscovici, European economics commissioner, tells Bloomberg TV that Libra “raises major concerns and it’s certainly not ready to happen.”*July 19: U.S. Senator Dianne Feinstein, the top Democrat on Senate Judiciary Committee, says in a letter to Mnuchin that she has “significant concerns” over Facebook’s cryptocurrency and says Libra could undermine U.S. monetary policy.*Aug. 5: In a joint statement, international data privacy watchdogs from the U.K., Australia, Canada and the U.S. Federal Trade Commission call for more transparency about the Libra currency and its infrastructure, as well as for details about how customers’ personal data will be processed.*Aug. 20: Bloomberg reports that the European Commission is investigating potential anti-competitive behavior related to the Libra Association amid concerns the proposed payment system would unfairly shut out rivals.To contact the reporter on this story: Natalia Drozdiak in Brussels at ndrozdiak1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Anne VanderMey, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Italy's Leaders Leave Us All None the Wiser

    Italy's Leaders Leave Us All None the Wiser

    (Bloomberg Opinion) -- If you want a powerful depiction of the sorry state Italian politics is in, look no further than the parliamentary debate that led to the resignation of Prime Minister Giuseppe Conte.It was a festival of hypocrisy staged by three political leaders: Matteo Salvini, the hard-right deputy prime minister who wants to take the country to an election; Matteo Renzi, the former prime minister who wants a government of national unity; and Conte himself. The three attacked each other for about an hour on Tuesday – and left Italians no wiser about where their country is headed.Conte was first up, announcing he plans to tender his resignation to President Sergio Mattarella. He then took the opportunity to lay into Salvini, who this month decided to pull the plug on the coalition government.The prime minister accused his deputy of putting his own political interests ahead of those of the country and of betraying the contract between the League and Five Star Movement. Conte said Salvini should respond to allegations he received illicit funds from Russia. And added, for good measure, that politicians should care less about social media – a clear attack on Salvini’s obsessive Facebook and Twitter presence.And yet, Conte only seems to have discovered all these problems after more than 14 months in coalition government. The technocratic prime minister had previously largely avoided attacking his deputy’s behavior – even when it created controversy in Europe.Conte’s defense of his own government was also flimsy: Whatever one makes of Five Star and the League, it is clear they delivered on very few of the gigantic promises they had made, including a 125 billion-euro ($139 billion) spending plan.Then came Salvini, giving his first speech as the de facto leader of the opposition. It isn’t clear what will happen in Rome after Conte steps down, but one possibility is that Five Star will form a coalition with the center-left Democrats.Salvini said he wants Italy to be free from the control of the European Union and called for at least 50 billion euros of tax cuts in the next budget. He also made a last-ditch attempt to patch up relations with Five Star, saying the parties could pass a budget together and then go to the polls. This marked a softening of his stance, which had been to call for an immediate general election.Salvini spoke much more to his voters than to lawmakers. He touched on all the issues which he knows can inflame his base – from immigration to the EU. He even pulled out a rosary. But he failed to explain why he didn’t deliver on his pledges having just spent more than a year in government.His defense – that his allies stopped from doing things – seemed at odds with his depiction as Italy’s strongman. Salvini’s calls for a renewed, if temporary, alliance with Five Star only suggest he is getting increasingly concerned he could soon find himself out of government having botched his attempt to grab power.Finally, it was the turn of the opposition. Renzi, who is no longer the leader of the center-left Democrats but still hopes to reclaim the political limelight, played the part of the elder statesman. He warned of trade wars and of an incoming recession, and advocated a grand coalition to avoid an increase in value-added tax, something which is set to kick in next year unless explicitly ruled out in the budget.But for all his jokes, he sounded unconvincing. It isn’t at all clear how a government of Five Star and the Democrats could breathe new life into Italy’s economy in the context of such a precarious fiscal outlook. Renzi also faces resistance within his own party; some supporters fear this is all just a ploy to buy him time and a return to the main political stage.If this were a theatrical performance – or an episode of an Italian version of House of Cards – it would be hugely entertaining. But with the economy stagnating and a deeply disenchanted electorate, it is depressing to see a political class acting so cynically.The coming days will decide whether Italy gets a technocratic caretaker administration, a new governing coalition, or fresh elections. Only one thing is certain: the country’s deep political and economic crisis won’t be over anytime soon.To contact the author of this story: Ferdinando Giugliano at fgiugliano@bloomberg.netTo contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Ferdinando Giugliano writes columns on European economics for Bloomberg Opinion. He is also an economics columnist for La Repubblica and was a member of the editorial board of the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Facebook's Libra Currency Gets European Union Antitrust Scrutiny

    Facebook's Libra Currency Gets European Union Antitrust Scrutiny

    (Bloomberg) -- European Union antitrust regulators are already probing Facebook Inc.’s two-month-old Libra digital currency project, according to a document seen by Bloomberg.The European Commission is "currently investigating potential anti-competitive behavior" related to the Libra Association amid concerns the proposed payment system would unfairly shut out rivals, the EU authority said in a questionnaire sent out earlier this month.Officials said they’re concerned about how Libra may create "possible competition restrictions" on the information that will be exchanged and the use of consumer data, according to the document, which is a standard part of an early-stage EU inquiry to gather information.The investigation into founder Mark Zuckerberg’s ambitions to take on traditional cash adds to another preliminary EU investigation into how Facebook may unfairly use its power to squeeze rival apps. The Brussels-based commission, Europe’s most feared regulator, has already targeted Google and Apple Inc.Facebook and the commission both declined to comment on the investigation. The Menlo Park, California-based company has previously promised to appease all regulators before launching the cryptocurrency, a process that could take some time.Global CurrencyLed by a social network with more users than the combined population of China and the U.S., Libra represents a potential challenge that the guardians of money have never faced: a global currency they neither control nor manage.The EU questionnaire said regulators are also examining the possible integration of Libra-backed applications into Facebook services such as WhatsApp and Messenger. It said their investigation focuses on the governance structure and membership of the Libra Association.Facebook has previously promised to appease all regulators before launching the cryptocurrency, a process that could take some time.Visa Inc. declined to comment while the Libra Association representatives didn’t immediately respond to requests for comment. Mastercard Inc. had no immediate comment.Aside from the antitrust division, other EU regulators are "monitoring market developments in the area of crypto assets and payment services, including Libra and its development," a spokesman for the commission’s financial services department said.Data-protection supervisors are also worried about how Libra will share information. They said earlier this month that Facebook had the potential to combine "vast reserves of personal information with financial information and cryptocurrency, amplifying privacy concerns about the network’s design and data-sharing arrangements."\--With assistance from Alexander Weber, Alastair Marsh and James Hertling.To contact the reporters on this story: Lydia Beyoud in Arlington at lbeyoud2@bloomberg.net;Aoife White in Brussels at awhite62@bloomberg.netTo contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Peter Chapman, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Apple Stock Is Undervalued, but It’s a Tough Road to Upside

    Apple Stock Is Undervalued, but It’s a Tough Road to Upside

    Apple (NASDAQ:AAPL) stock is up nearly 36% year-to-date. Shares currently trade around $211, and are moving closer to their all-time high of $233.47. But with looming trade risks and slowing growth, how can AAPL move the needle?Source: Shutterstock With a nearly trillion-dollar market cap, shares are not going to double anytime soon. But can investors expect material upside in AAPL stock? Let's take a closer look, and see if investors can find opportunity in Apple stock today. Recent News For Apple StockApple announced earnings on July 30. Sales growth was minimal year-over-year. Revenue for the quarter ending June 30, 2019 was $53.8 billion, up slightly from $53.3 billion in the prior year's quarter. With product sales down 1.7% YoY, service revenue was responsible for the minimal revenue uptick. Service revenue for the quarter was $11.5 billion, up 12% YoY. With smartphone sales in decline, AAPL stock needs new revenue sources to sustain growth and move the needle.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Undervalued Stocks With Breakout Potential A new product mix could help jolt up sales. Take "wearables" such as the smartwatch. Apple controls 25.8% of the market. Apple does not breakdown sales. But CEO Tim Cook remarked on the conference call that Apple had an "absolutely blowout quarter for Wearables."The wearables market provides significant runway, as the product has yet to reach critical mass. All bets are off whether these new products can replace declining iPhone sales. But, at the very least, they can help the company sustain its current product revenue.But how about the elephant in the room? I'm talking about the U.S.-China trade war. Looking beyond the headlines (and the tweets), how does the geopolitical situation impact Apple? While the company received a reprieve from looming tariffs, long-term dependence on China for manufacturing remains a material risk. Trade War Risks to AAPL StockWith the U.S.-China trade war continuing, Apple stock is caught in the middle. With the US.. placing a 10% tariffs on imported electronics, the company could experience headwinds. Luckily for Apple, the 10% tariff has been delayed until Dec. 15. This will prevent new tariffs from impacting sales during the holiday season. This proposed tariff could be prevented if the U.S. and China settle their disputes and negotiate a new trade deal.The trade war underscores the risk of Apple's Chinese manufacturing dependence. But Apple has options when it come to hedging against this geopolitical risk. The company is exploring ways to move iPhone manufacturing to other low-cost Asian markets. In fact, with wages rising long-term in China, this move is inevitable. Potential countries include India, Vietnam, and Malaysia.While this is a step in the right direction, moving production is not a one-step process. It takes time to develop the right outsourcing infrastructure. But it is a positive sign that Apple is taking proactive steps.How does this factor into the valuation of Apple stock? Let's see if AAPL stock is truly undervalued, or fairly priced given the risks and opportunities. AAPL Stock ValuationAs I mentioned in my previous article about Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Apple sells for the lowest valuation of the "FAANG" stocks. Stagnant growth and size may justify this discount. Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB), and Netflix (NASDAQ:NFLX) continue to show considerable runway.But Apple is in the similar boat as Google: both companies have more cash than they can reinvest in the business. What does that mean for AAPL shareholders? The company needs to consider aggressive buybacks and dividends to move shares higher.The company bought back $17 billion worth of Apple stock last quarter. Based on the most recent financials, the company has over $210 billion in cash and marketable securities. The 2017 tax bill made it easier for Apple to repatriate its overseas cash hoard. Aggressive share buybacks and dividend increases would help improve the Apple stock price. Acquisitions could be another way Apple can generate growth. Apple's 12-figure war chest provides multiple pathways to boost the share price. Bottom Line on Apple StockWith shares trading at a forward price/earnings ratio (forward P/E) of 16.6, Apple stock is a bargain compared to its big tech peers. But slow growth and trade risks justify this discount. Nevertheless, there are emerging trends that could help jump-start growth. The wearables market has plenty of runway, allowing Apple to use smartwatch sales growth to counter iPhone sales declines.The U.S.-China trade war is far from over. But the current Apple stock price takes into account these risks. With the company looking for ways to diversify manufacturing geographically, the long-term China risks could be mitigated.But does all of this mean AAPL is a buy? For investors looking for a blue chip at a fair price, Apple stock could be a buy. But given the specter of a stock market correction in the near future, it may pay to wait before taking a position.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Apple Stock Is Undervalued, but It's a Tough Road to Upside appeared first on InvestorPlace.