Are Amazon (AMZN), Facebook (FB) Good Stocks to Buy Now?
Money Morning Capital Wave Strategist Shah Gilani joined FOX Business' "Varney & Co." today (Wednesday) to discuss whether two hot stocks in the market right now, FB and AMZN, are good buys.
Gilani shocks Varney when he tells him what he's doing with AMZN right now...To continue reading, please click here...
Why the Facebook Stock Price Has Doubled in Two Months
After an ugly 15 months of trading, the Facebook stock price (Nasdaq: FB) has not only passed its $38 initial public offering (IPO) price, but it has more than doubled over the last two months and is up an astounding 85% year to date.
Shares of the social networking giant have done a stark about-face since hitting a low of $17.55 in September 2012.
Some 135,723,000 shares changed hands Tuesday, making FB the day's most actively traded stock. Shares finished the day at $48.45, up 2.67%
Facebook stock was trading above $49 a share Wednesday.Read more...
Facebook (Nasdaq: FB) Stock Zooms – But Don't Let Earnings Fool You
Facebook (Nasdaq: FB) stock is up more than 30% today as investors applaud the second-quarter earnings report released yesterday (Wednesday).
Investors were thrilled to see FB earnings improve from previous disastrous quarters, and their exuberance pushed Facebook stock above $30 a share for the first time since January.
But, before you think FB stock is now the hottest investment of 2013, take a closer look at what's going on...
Facebook (Nasdaq: FB) Earnings: It's All About Mobile
One of the most closely watched earnings reports comes after the close Wednesday when Facebook Inc. (Nasdaq: FB) earnings for the second quarter are released.
A Fab.com IPO Might Cure the Facebook Syndrome
Facebook's (NASDAQ:FB) IPO dud changed the game for startups trying to raise money in public markets.
Investors are much more cautious, requiring startups to have seemingly impossible numbers and an established track record of success.
But some startups are moving along quite nicely, despite the "Facebook syndrome."
New Facebook Video Sharing Takes On Twitter
Those investors still betting on Facebook stock got hopeful news today as CEO Mark Zuckerberg announced a Facebook video sharing capability - courtesy of Instagram.
"A small team has been working on a big idea. Join us for coffee and learn about a new product," read invitations sent from Facebook Inc. (Nasdaq: FB) to select journalists and media outlets for an announcement today.
The news was Facebook's attempt to capitalize on the popularity of video sharing - which has led teens, tweens and young adults to ditch Facebook for apps like Twitter's Vine.
Here's What Really Happened in the Botched Facebook IPO
What really happened on May 18, 2012, with the botched IPO of Facebook Inc. (NasdaqGS: FB)?
Well, the Securities and Exchange Commission (SEC) just released its version of events under the guise of Administrative Proceeding File No. 3-15339.
And "In the Matter of THE NASDAQ STOCK MARKET, LLC and NASDAQ EXECUTION SERVICES, LLC (Respondents)" the SEC slapped wrists and fined the fools $10 million for screwing up Facebook's IPO - the largest-ever fine imposed on an exchange.
Of course, it's good reading. But there's something missing.
It's called "the truth."
Facebook Stock Just Hit a New Low for 2013
Missing amid the numerous stock market milestones and seemingly unstoppable rallies since the start of the year is Facebook stock.
Tuesday marked the 20th consecutive Tuesday the Dow Jones Industrial Average closed with a gain. And, the Standard & Poor's 500 Index, up 16.4% year-to-date, finished just nine points shy of its all-time high of 1,669.16 hit mid-month.
Meanwhile the Nasdaq, Facebook's (Nasdaq: FB) home exchange, has gained 4% in May and 16% this year.
In contrast, Facebook stock is down some 10% year-to-date.
Facebook Stock Ends Disappointing Year One; Any Shot at a Comeback?
One year ago, Facebook stock (Nasdaq: FB) made its trading debut in one of the most highly anticipated initial public offerings ever.
While it's okay to offer a congratulatory happy anniversary, it's been anything but a honeymoon for the company and investors.
Some 421 million shares were sold, raising $16 billion, giving Facebook a whopping $104 billion valuation.
Then the disastrous story began: Shares were priced at $38, opened at $40, and then, within 10 market hours after the pricing, Facebook stock flailed. Technical glitches at the Nasdaq caused a delayed open, late executions and reports, and mispriced trades.
Lawsuits are still pending.