A 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.
Facebook Stock Price
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.
It's easy to see why investors pile into a company's stock on the heels of highly successful products, technologies, or services.
Investors rewarded Apple shares after their steady flow of innovative product launches, while Google shares have been on an almost uninterrupted rise since its 2004 IPO.
Even Facebook has recovered nicely after its initial IPO debacle.
In each of those examples it's tempting to focus on the products the company offers, to draw a direct line to their success. iPhones and the introduction of stylish touchscreen interfaces in the case of Apple, the aggregation and accessibility of all things data-related in the case of Google, or just mere self-indulgence in the case of Facebook.
What's important to notice, though, is that in each case we likely wouldn't be talking about them had it not been for shrewd leadership at the top.
For small caps, finding the right leader can prove a more critical "spark" to major profits... Full Story
It's Independence Day tomorrow, so here's a story about your freedom to think about and act on.
News came to light this week that a Facebook (Nasdaq: FB) data scientist named Adam Kramer conducted an experiment on 689,003 users of the social network site over a seven-day stretch in January 2012.
Facebook Inc. (Nasdaq: FB) stock has been logging impressive gains, and the company's strategic acquisitions continue to bolster investor confidence.
But a recent study in which Facebook tweaked the content mix in the news feeds of almost 690,000 users for one week in early 2012 could erode users' trust - and raises concerns about privacy all over again.
Facebook stock update: Reports of Facebook Inc.'s (Nasdaq: FB) demise among teens appear to have been greatly exaggerated.
According to a recent study from Forrester Research, titled "Why the Sky Isn't Falling on the World's Favorite Social Network," Facebook is still the go-to site among youth for social media.
Facebook Inc. (Nasdaq: FB) has built its own networking switches--crucial hardware devices that transport Internet information between machines--to power its increasing number of services.
Facebook (Nasdaq: FB) stock has climbed 161% in just one year - a great reversal from its 53% tumble in the first three months of trading.
Facebook stock's rebound is one reason investors were praising Facebook Founder and Chief Executive Officer Mark Zuckerberg at the recent shareholder meeting, in addition to FB's recent buying spree.
The Facebook (Nasdaq: FB) stock price is up 60.5% from the IPO price - so investors were thrilled at the shareholder meeting.
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.
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.
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.
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.
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.
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.