FB - Facebook, Inc.
| Previous Close | 174.70 |
| Open | 174.50 |
| Bid | 173.20 x 1200 |
| Ask | 173.35 x 800 |
| Day's Range | 172.04 - 176.22 |
| 52 Week Range | 149.02 - 218.62 |
| Volume | 23,246,451 |
| Avg. Volume | 24,007,928 |
| Market Cap | 501.799B |
| Beta | 0.72 |
| PE Ratio (TTM) | 26.89 |
| EPS (TTM) | 6.46 |
| Earnings Date | Oct 30, 2018 - Nov 5, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 211.03 |
- CNBC Videos•yesterday
Facebook responds to HUD
HUD files a discrimination complaint against Facebook. CNBC's Seema Mody has the company's response.
CNBC Videos•yesterdayHUD files discrimination complaint against Facebook
CNBC's Seema Mody reports on the Department of Housing and Urban Development filing a complaint against Facebook for violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discriminati...
- Motley Fool•7 hours ago
Can Amazon Help Twitch Become a $1 Billion Business?
Twitch's CEO thinks it can more than double revenue in short order.
- Motley Fool•10 hours ago
5 Reasons I Bought Facebook Stock (Again)
Its post-earnings plunge seems like a great buying opportunity.
- GlobeNewswire•12 hours ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Facebook, Inc. of Class Action Lawsuit and Upcoming Deadline – FB
Pomerantz LLP announces that a class action lawsuit has been filed against Facebook, Inc. (“Facebook” or the “Company”) (NASDAQ: FB) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 18-cv-06765, is on behalf of a class consisting of investors who purchased or otherwise acquired common shares of Facebook between April 26, 2018 and July 25, 2018, both dates inclusive (the “Class Period”). Plaintiff seeks to recover compensable damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder.
- MarketWatch•13 hours ago
HUD brings complaint against Facebook for allowing housing discrimination on platform
MARKET PULSE The Department of Housing and Urban Development brought a complaint against Facebook (fb) for violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discrimination.
- Business Wire•21 hours ago
FACEBOOK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Facebook, Inc. - FB
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 25, 2018 to file lead plaintiff applications in a securities class action lawsuit against Facebook, Inc. (FB), if they purchased the Company’s shares between October 1, 2017 and July 26, 2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
- Motley Fool•21 hours ago
Sell, Sell, Sell! How and When to Know It’s Time to Sell a Stock
Finding companies you want to buy is relatively easy compared to deciding it’s time to unload them -- at least if you want to be doing it for the right reasons.
- Motley Fool•23 hours ago
1 Big Reason for Investors to Keep the Faith in Mark Zuckerberg
Before calling for the embattled Facebook chief's head, ask the people who know him best.
Associated Press•23 hours agoUS regulators target Facebook on discriminatory housing ads
NEW YORK (AP) — Federal regulators are alleging that Facebook's advertising tools allow landlords and real estate brokers to engage in housing discrimination.
- The Wall Street Journal•yesterday
[$$] When Digital Platforms Become Censors
If you rely on someone else’s platform to express unpopular ideas, especially ideas on the right, you’re now at risk. The most famous victim of deplatforming is, not coincidentally, the least popular: Alex Jones, the radio host known for promoting outrageous conspiracy theories about everything from vaccinations to the Sandy Hook massacre. In a concerted action earlier this month aimed at loosely defined “hate speech,” Facebook, Apple, Spotify and YouTube removed from their services most of the material by Mr. Jones and his InfoWars network.
- Bloomberg•yesterday
Do Facebook ads discriminate?
The U.S. Says Facebook's ad targeting tools allowed landlords to engage in housing discrimination #tictocnews https://bloom.bg/2BlOLxU (Source: Bloomberg)
- Associated Press•yesterday
Business Highlights
Shares of Electric car maker Tesla Inc. tumbled about 9 percent Friday after CEO Elon Musk conceded in a newspaper interview that job stress may be getting the best of him. Tesla shares closed at $305.50, their lowest level since Aug. 1, as analysts and business professors questioned whether the company's board should grant Musk a leave or even replace him with a more seasoned CEO. SAN FRANCISCO (AP) -- A privacy group says in a letter to Federal Trade Commission that Google has violated the terms of a 2011 settlement because of practices exposed in an Associated Press report this week.
- InvestorPlace•yesterday
Amazon Stock Will Keep Winning So Long as It Keeps Disrupting
Here’s a simple thesis on Amazon.com (NASDAQ:AMZN) stock: So long as Amazon keeps disrupting industries, AMZN stock will keep heading higher. Amazon pioneered e-commerce, stole significant market share from traditional retailers, and is now one of the world’s largest retailers. Amazon pioneered cloud services, stole significant market share from traditional IT players, and is now the world’s largest cloud company.
- Reuters•yesterday
Exclusive: U.S. government seeks Facebook help to wiretap Messenger - sources
The U.S. government is trying to force Facebook Inc (FB.O) to break the encryption in its popular Messenger app so law enforcement may listen to a suspect's voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance. The previously unreported case in a federal court in California is proceeding under seal, so no filings are publicly available, but the three people told Reuters that Facebook is contesting the U.S. Department of Justice's demand. The judge in the Messenger case heard arguments on Tuesday on a government motion to hold Facebook in contempt of court for refusing to carry out the surveillance request, according to the sources, who spoke on condition of anonymity.
GuruFocus.com•yesterdayStanley Druckenmiller Bets on Facebook and Oil
Stanley Druckenmiller (Trades, Portfolio)'s Duquesne Capital spent purchased 19 new stocks in the second quarter, with his biggest purchase being of Facebook (FB), he revealed Wednesday. Warning! GuruFocus has detected 5 Warning Signs with SPLK.
Reuters•yesterdayU.S. government seeks Facebook help to wiretap Messenger: sources
The U.S. government is trying to force Facebook Inc (FB.O) to break the encryption in its popular Messenger app so law enforcement may listen to a suspect's voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance. The previously unreported case in a federal court in California is proceeding under seal, so no filings are publicly available, but the three people told Reuters that Facebook is contesting the U.S. Department of Justice's demand. The judge in the Messenger case heard arguments on Tuesday on a government motion to hold Facebook in contempt of court for refusing to carry out the surveillance request, according to the sources, who spoke on condition of anonymity.
- Kiplinger•yesterday
Earnings Reports for the Week of Aug. 20-24 (BABA, LB, TGT)
Check out our weekly earnings calendar and read the latest quarterly earnings previews.
- Bloomberg•yesterday
Facebook Should Be Ordered to Defend Housing Suit, U.S. Says
The U.S. is siding with fair housing groups that claim Facebook Inc.’s ad targeting tools permit discrimination based on sex, religion, familial status and national origin. The government filed a "statement of interest" Friday urging a federal judge to allow the suit, filed in March by the National Fair Housing Alliance and other groups, to go forward. Manhattan U.S. Attorney Geoffrey Berman said the groups should be permitted to pursue their claim that Facebook’s tools enable landlords and developers to exclude groups of people from receiving ads about housing based on characteristics such as family status or sex, in violation of the Fair Housing Act.
- MarketWatch•yesterday
Small- and microcap stocks get another look as the S&P 500 Index stalls
Funds including AMG Managers Cadence Emerging Companies hold shares of companies getting a domestic boost.
- Zacks•yesterday
Google Roundup: Back to China, YouTube Gains, Waymo Deals
Alphabet's (GOOGL) Google is building a search app tailored for China, its YouTube platform is now the second most visited website in the world and its Waymo unit is testing new use cases.
- Benzinga•yesterday
Pivotal's Brian Wieser Sees More Trouble Ahead For Facebook
According to Wieser, a new lawsuit questioning the reliability of Facebook’s advertising metrics and allegations that Facebook turned a blind eye to its role in spreading false and hateful anti-Muslim information in Myanmar indicate Facebook management has made a series of critical mistakes that could impact the financial future of the company. This week, a small business advertiser sued Facebook alleging the company misrepresented its Potential Reach to advertisers. The lawsuit includes testimony from anonymous former Facebook employees who claim Facebook’s Potential Reach statistic is “like a made-up PR number” and that Facebook doesn't care about the accuracy of the numbers it presents to advertisers.
- Barrons.com•yesterday
Dorsey's Media Tour Has Reassured Twitter Investors So Far
The View From Silicon Valley It's hardly the apology tour Facebook (FB) Chief Executive Mark Zuckerberg undertook in the spring to clean up the Cambridge Analytica data-handling scandal, but Twitter (TWTR) CEO Jack Dorsey's brief media excursion this week had the same intent. Dorsey, who has led turnaround efforts at Twitter and Square (SQ) the past 18 months, was in damage-control mode the past few days outlining steps Twitter is taking—and actions it is considering—to tamp down hate speech while skirting censorship. "The most important thing that we can do is we look at the incentives that we’re building into our product," Dorsey said.
- American City Business Journals•yesterday
Streaming roundup: Netflix loses CFO… Amazon may add movie theaters
Recent stories on Netflix, Amazon, Hulu and other streaming services reported by The Business Journals and elsewhere.
- American City Business Journals•yesterday
Facebook lifts suspension on Crimson Hexagon's access to data
Crimson Hexagon's chief financial officer said, "To our knowledge, no government customer has used the Crimson Hexagon platform for surveillance of any individual or group."
