|Bid||210.03 x 800|
|Ask||210.05 x 800|
|Day's range||208.44 - 210.99|
|52-week range||149.02 - 210.99|
|PE ratio (TTM)||34.79|
|Earnings date||25 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||229.86|
Facebook users may not care if the company gets the fake news problem right, but getting it wrong exposes the company to long-term legal risk.
Facebook will not ban Holocaust denial 'because people get things wrong', says Mark Zuckerberg
President Donald Trump defended Russia, saying he didn't "see any reason" why the government would be behind the foreign attempts to influence the U.S. presidential election.
LONDON (AP) — British authorities looking into inappropriate use of data gathered by political consultant Cambridge Analytica from millions of Facebook users say some of the systems that accessed the material appear to be in Russia or a group of former Soviet states.
Facebook (FB) benefits from growing mobile advertisement revenue, Instagram adoption and huge user base across all its platforms.
As tech companies continue to dominate Wall Street, with four now standing alone with valuations of more than $800 billion, gigantic growth is priced in and expected. All the drama is in the forecasts.
With Satya Nadella at the helm, Microsoft has oriented itself around products that are growing faster than Windows. The stock has soared.
The last of WhatsApp’s cofounders who joined Facebook (FB) after its 2014 acquisition of WhatsApp left the company in the second quarter. WhatsApp was founded by the duo of Jan Koum and Brian Acton. Koum, who had been WhatsApp’s CEO under Facebook, left in May. Acton left in September 2017.
Facebook (FB) recently cautioned that its advertising revenue growth was decelerating as it runs out of room for ads on its flagship social network. While Facebook has determined the risk of filling its newsfeeds with ads, the company hasn’t run out of ad space. In June, Facebook rolled out Marketplace advertising for individuals and brands.
U.S. stock-market bulls have had plenty of reasons to feel confident in their position of late. The S&P 500 is back at multimonth highs while the Nasdaq has returned to records, an uptrend that has spurred a resurgence in optimistic sentiment.