- 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 Stock Price
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:
"President Obama has announced that 4 million people have signed up for ObamaCare," Myers deadpanned. "Obama says he wants to hit 7 million users by the end of March, at which point he'll sell it to Facebook for $10 billion."Read More...
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.To continue reading, please click here...
What Pushed Facebook Inc. (Nasdaq: FB) Stock to Record Highs This Week
- By Diane Alter, Contributing Writer, Money Morning - February 25, 2014
Monday's broad-based rally sent the S&P 500 Index to an intraday record and also helped push Facebook Inc. (Nasdaq: FB) stock to an all-time high of $70.92.
Shares of the social networking giant climbed 3.4%, or 2.33 points, to the new high. Volume was heavy, with 76.63 million shares changing hands - compared to FB's average daily volume of 63 million shares.To continue reading, please click here...
Why Facebook (Nasdaq: FB) Really Bought WhatsApp
- By Garrett Baldwin, Economist, Money Morning - February 21, 2014
Why Facebook (Nasdaq: FB) Bought WhatsApp for $19 Billion
- By Diane Alter, Contributing Writer, Money Morning - February 20, 2014
For Facebook Inc. (Nasdaq: FB)if you can't beat 'em, buy 'em...
In its biggest acquisition yet, Facebook announced late Wednesday it's buying mobile messaging company WhatsApp in a $19 billion blockbuster deal.Here's what’s behind the hefty price tag…
What's Pushing Facebook (Nasdaq: FB) Stock Higher
- By Money Morning Staff Reports, , Money Morning - January 31, 2014
Money Morning's Defense & Tech Specialist Michael Robinson thinks there's one key development driving FB's stock and earnings higher.To watch Robinson's interview on CNBC World as he describes why FB stock keeps climbing, click here.
Facebook (Nasdaq: FB) Stock Up 9% After Hours
- By Diane Alter, Contributing Writer, Money Morning - January 29, 2014
Will Facebook (Nasdaq: FB) Stock Get Boost from New Ads?
- By Guest Admin, Contributing Writer, Money Morning - December 17, 2013
Facebook (Nasdaq: FB) stock has more than doubled this year, but can it get another shot in the arm with a new ad strategy?
The company recently announced that it will begin using video ads that will automatically play on users' news feeds.While some users may find this annoying, it could be highly profitable...
Will Facebook (Nasdaq: FB) Stock Feel "S&P Effect"?
- By Diane Alter, Contributing Writer, Money Morning - December 12, 2013
Facebook (Nasdaq: FB) stock still has a lot to prove if it wants to win over value investors, but it took a big step in that direction Wednesday with the announcement of its addition to both the S&P 500 and S&P 100 Indexes.
The social networking giant will replace Teradyne Inc. (NYSE: TER), a manufacturer of test computer chips, in the prestigious broad-based S&P 500, and will change places with natural gas company Williams Cos. Inc. (NYSE: WMB) in the more elite S&P 100 at the close of business on Dec. 20.To continue reading, please click here...
Facebook's "Dead Last" Chart Reveals a Troubling Fact
- By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report - November 1, 2013
Yes, the company just knocked the ball off earnings yesterday. And the stock is up 4.86% as I write this. But I really couldn't care less what happens in the short term. I still can't get behind its long-term potential.
This is where the rubber meets the proverbial road for me...
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