Facebook stock (Nasdaq: FB) is nowhere near its potential.
Almost 70% of U.S. companies that have reported Q3 earnings have beaten expectations. Earnings gains have been generally less than 10% - not outstanding, but good enough to reassure investors about the health of U.S. companies.
Tuesday's list of hot stocks to watch includes a social media giant, a pharmaceutical titan, a big biotech, a struggling luxury retailer, and more.
Good morning! Stock market futures indicate a market open higher than yesterday's close. The markets are waiting for the beginning of the Fed Open Market Committee to begin its two-day meeting. After the recent market slip - down 6.8% in less than one month - the big question this week is will the Fed extend QE3?
The most important number to watch today - besides the Dow - is the earnings report from social networking giant, Facebook Inc. (Nasdaq: FB).
Everyone's been down on the Facebook stock price (Nasdaq: FB) this week. It's been getting bad press lately from Alibaba IPO speculators.
Regardless of the negativity, don't forget that the Facebook stock price has absolutely delivered for investors - and it's got a lot more in store.
The Dow Jones today was on the rise as markets gear up for Chinese e-comm giant Alibaba Holding Group's initial public offering, slated for Friday.
The tech sector took a hit this afternoon. The Nasdaq slipped roughly 1% today, with Tesla Motors (Nasdaq: TSLA) falling 9% and Facebook (Nasdaq: FB) and Netflix (Nasdaq: NFLX) both off nearly 4%.
Dow Jones today, August 1, 2014: U.S. markets slumped again Friday despite positive news on the employment front. The U.S. economy added another 209,000 jobs in July, a sixth-consecutive monthly gain. However, the estimate fell short of economists' expectations, and the unemployment rate increased to 6.2% on more Americans searching for work. The S&P 500 posted its largest weekly loss since April.
Stock market today, July 24, 2014: U.S. markets were mixed on Thursday on lackluster economic data. Industrial giant Caterpillar Inc.'s (NYSE: CAT) poor quarterly report offset gains from Facebook Inc. (Nasdaq: FB). Shares of Caterpillar were off more than 3% after the company raised its yearly outlook but posted a quarterly decline. Shares of Facebook were up more than 6.5% hitting a new intraday record.
The earnings calendar is jam-packed this week with big results from Facebook (Nasdaq: FB) and Under Armour (NYSE: UA) most recently, and results are helping the Standard & Poor's 500 Index hit record highs.
S&P 500 companies are beating on EPS and revenue at a rate not seen in years. The index components that have reported are beating revenue consensus estimates by 1.43% on average.
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 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.
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.
Of all the problems plaguing Facebook Inc. (Nasdaq: FB), rival messaging services is a big one.
In a move aimed at tackling that growing issue, the world's largest social media company announced Monday it has hired PayPal executive David Marcus.
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.