- By Diane Alter, Contributing Writer, Money Morning - July 23, 2014A strong quarter from the world’s largest social networking giant was expected, and Facebook Inc. (Nasdaq: FB) delivered. Profit, revenue, and user count numbers were all solidly higher.
FB stock rose on the news. Here’s what Facebook is doing right...
Why Next Week's Earnings Are Critical to Facebook (Nasdaq: FB) Stock
- By Diane Alter, Contributing Writer, Money Morning - July 17, 2014
Facebook Inc. (Nasdaq: FB) stock was rattled Tuesday when Fed Chair Janet Yellen singled out valuations on social media stocks as "stretched." FB stock slipped 1.08% to $67.17. Facebook shares were quick with a rebound, however, bouncing back 0.49% to $67.66 by Wednesday's close.
Next week Facebook will come under intense scrutiny again when the company reports second-quarter earnings.Here’s a full breakdown of what analysts will be looking for in FB earnings…
Facebook Inc. (Nasdaq: FB) 2nd Annual Shareholder Meeting Highlights
- By Diane Alter, Contributing Writer, Money Morning - May 23, 2014
The Facebook (Nasdaq: FB) stock price is up 60.5% from the IPO price - so investors were thrilled at the shareholder meeting.Here’s how it all went down.
Facebook (Nasdaq: FB) Stock Up Ahead of 2nd Annual Shareholder Meeting
- By Diane Alter, Contributing Writer, Money Morning - May 22, 2014
Facebook Inc.'s second annual shareholder meeting will bring something new to the table...
This year's gathering, to be held today at the Sofitel San Francisco Bay, could get feisty as it marks the first time stockholders are able to put their own proposals up for vote.
The good news going in to the meeting is the Facebook (Nasdaq: FB) stock price is in much better shape than it was at the time of its first shareholder meeting.Here’s what’s up for discussion this year…
Facebook Inc.'s (Nasdaq: FB) Rumored "Slingshot" App Takes Aim at Competition
- By Diane Alter, Contributing Writer, Money Morning - May 19, 2014
Since an unsuccessful $3 billion takeover attempt of Snapchat in 2013, Facebook Inc. (Nasdaq: FB) has been developing its own video messaging app to compete with its competitor.
Known within the company as Slingshot, Facebook has been working on the new messaging app since Snapchat rebuffed its overtures late last year, reports the Financial Times. And, CEO Mark Zuckerberg has personally been overseeing the top-secret project, according to people familiar with the matter.Here’s why this is important to Facebook and the FB stock price.
What the F8 Conference Means for Facebook (Nasdaq: FB) Stock
- By David Zeiler, Associate Editor, Money Morning - April 30, 2014
Announcements from the Facebook Inc. F8 developer conference in San Francisco Wednesday amplified the company’s recent focus on mobile - and in particular efforts to monetize mobile.
Such a strategy is just what investors have wanted to see, and it will serve as a powerful catalyst for Facebook stock.And front and center was a new service that has the potential to double Facebook’s revenue…
Facebook Inc. (Nasdaq: FB) Buys Moves App to Compete in Fitness Tracking
- By Diane Alter, Contributing Writer, Money Morning - April 25, 2014
To add to its string of significant acquisitions, Facebook (Nasdaq: FB) has purchased Moves, a free app that logs users' daily exercise and fitness routines.
It also keeps track of places visited, with a map showing where users have been throughout the day and how they got there.Here's how the Moves app will keep Facebook highly competitive among its rivals...
Facebook Inc. (Nasdaq: FB) Stock Up on Strong Q1 Earnings
- By Diane Alter, Contributing Writer, Money Morning - April 23, 2014
Facebook Inc. (Nasdaq: FB) reported blockbuster Q1 2014 numbers Wednesday after the close.
FB stock is up 3% in afterhours trading as earnings were stellar from Q1 2014.Here are all the details you need to know.
Why Facebook Inc. (Nasdaq: FB) Stock Is a Bet on the Future
- By David Zeiler, Associate Editor, Money Morning - April 18, 2014
Money Morning Capital Wave Strategist Shah Gilani knew, even when Facebook slumped below $20 in late 2012, that the company had tremendous promise. When he failed to catch the bottom back then, Gilani vowed to pounce when the time was right.
In February, when Facebook announced its $19 billion acquisition of WhatsApp Inc., Gilani did just that.In this Q&A with Money Morning Executive Editor William Patalon III, Gilani talks about how what Facebook CEO Mark Zuckerberg is doing now will pay off in the future...
Facebook Inc. (Nasdaq: FB) Is Looking to Move into Mobile Payment
- By Diane Alter, Contributing Writer, Money Morning - April 14, 2014
Facebook has made a string of important acquisitions recently: A mobile messaging app, a satellite drone maker, and a virtual-reality company.
Now things are really getting interesting as the company moves into another burgeoning industry: mobile payments.Check out how Facebook could become the next big global e-money institution...
Why Wall Street Loves Facebook (Nasdaq: FB) Stock Right Now
- By Diane Alter, Contributing Writer, Money Morning - April 10, 2014
The demise of momentum stocks, or Facebook Inc. (Nasdaq: FB) stock at least, appears to be greatly exaggerated.
Shares of Facebook, a notable momentum stock over the last 12 months, spiked $4.22, or 7.3%, to $62.41 Wednesday. The move marked the stock's best one-day gain since Jan. 30.
Over the last three months, shares of the social networking leader are up 9%. Year to date, they have logged gains of 14.2%. FB shares were up more than 25% earlier this year, but slipped along with other high-growth stocks over the last few weeks amid a notable shift from growth to value.Giving Facebook shares a boost Wednesday were bullish comments from several Wall Street firms:
Why Facebook Inc. (Nasdaq: FB) Stock Is Down Today
- By Diane Alter, Contributing Writer, Money Morning - April 4, 2014
Why the sudden slip in Facebook (Nasdaq: FB) stock?
Shares of the social networking leader slipped some 5% intraday Friday to $56.50. That followed a 5.15% drop on Thursday. The recent slump has nearly wiped out all of 2014's gains and leaves shares close to FB's Jan 2 opening price of $54.83.
While FB shares are still up a modest 5% year to date, they sit roughly 20% off the highs hit less than a month ago.Here’s what’s behind the dip, and what’s ahead...
Why Facebook (Nasdaq: FB) Is Buying Oculus VR Inc. for $2 Billion
- By Diane Alter, Contributing Writer, Money Morning - March 26, 2014
What's Next for Facebook Inc. (Nasdaq: FB) Stock
- By Diane Alter, Contributing Writer, Money Morning - March 25, 2014
The big question looming over Facebook Inc. (Nasdaq: FB) is what its next move will be.
It's going to be tough to trump the social media giant's $19 billion purchase of WhatsApp on Feb. 19. [Almost as hard as it's going to be to beat the 158% price move FB stock has seen over the past year.]
While many balked at the exorbitant price paid for the five-year-old messaging app for smartphones, Facebook CEO Mark Zuckerberg sees great potential in the acquisition. Referring to WhatApp's soaring growth, Zuckerberg said, "No one in the history of the world has done anything like that."Where's it headed next? Here's a look.
Why This Facebook (Nasdaq: FB) Acquisition Means Huge Profits
- By Michael A. Robinson, Defense + Tech Specialist, Money Morning - March 13, 2014
When Facebook Inc. (Nasdaq: FB) recently announced it was buying the messaging service WhatsApp for $19 billion, it touched off an avalanche of controversy and criticism.
We saw comments from the usual market pundits and stock jockeys. But with WhatsApp - thanks to the unique name, and the immense purchase price - even the late-night comedians stepped up.This line from new "Late Night" host Seth Myers pretty much sums it all up:
Why Facebook (Nasdaq: FB) Is Buying Drone Maker Titan Aerospace
- By Diane Alter, Contributing Writer, Money Morning - March 4, 2014
What is Facebook Inc. (Nasdaq: FB) up to?
The social networking leader is slated to buy long-endurance, solar-powered drone maker Titan Aerospace in a $60 million deal.As crazy as it sounds, it's not that crazy at all...