The coronavirus has a serious impact on many spheres of social life. This year Facebook will not hold its F8 developer conference due to the fears and risks related to the virus.Social media giant Facebook Inc (NASDAQ: FB) announced that it has canceled this year’s F8 developer conference due to fears caused by the coronavirus spread. The F8 developer conference is the biggest event hosted by the company, where it brings together more than 5000 developers and also entrepreneurs from all over...
Read More »Big Tech Stocks Together Lost $250 Billion on Monday over Rising Concerns of Coronavirus
As part of a massive market crash on Monday, Big Tech companies ended up losing billions-of-dollars of investors’ wealth. Apple is the most-affected Big Tech company from the Coronavirus outbreak as it largely depends on China for its manufacturing.On Monday, financial markets in the U.S. and across the globe plunged heavily on account of rising coronavirus cases outside China. The fall in the broader markets came after South Korea and Italy reported a sudden splurge in coronavirus cases on...
Read More »Facebook (FB) Stock Goes 2% Down on Friday but It Still Looks Viable in Long Term
Facebook (FB) stock lost over 2% of its value on Friday and now its price is also decreasing in the pre-market. However, in the long term, it still looks viable.Facebook Inc. (NASDAQ: FB) stock lost 2% on Friday. Some experts believe that the dip in stock price came as a result of Fakebook’s recent earnings report. However, it’s worth mentioning that there has enough time gone since the moment of publication. But at that analysts are still wondering if the stock will be able to make...
Read More »Facebook (FB) Stock Trading at $217 Level but Users Inflow and Monetization Efforts May Take It to $250
The user base growth and monetization efforts could push Facebook (FB) stock price to $250. The number of users and stock earnings increase despite the controversies surrounding the popular social platform.Despite recent uncertainty with the Libra cryptocurrency, Facebook Inc. (NASDAQ: FB) stock price and user base both keep growing. Experts predict that the stock will outperform itself in the longterm because Facebook is no stranger to controversy.The Cambridge Analytica case made it clear...
Read More »Facebook (FB) Stock Stuck with 0.078% Growth, Where Will It Be in 5 Years?
The moderating growth of Facebook (FB) stock is a result of various scandals around the social media company. The biggest problem that brings worries is privacy.Lately, social media giant Facebook has been performing sluggishly. The evidence of that is Facebook (NASDAQ: FB) stock that yesterday got stuck. After showing slow growth, it stopped at $217.49.Facebook launched back in 2004 but went public in 2012. Since then, the company has returned almost 450% for its early investors. The...
Read More »Facebook (FB) Stock Is Rising but What’s in the Social Media Giant’s Future?
The future of Facebook is not in question. However, even as its stock continues to rise, regulatory hurdles mar the company’s journey. Yesterday, the FB stock price increased by 1.69%.Facebook is easily one of the world’s most successful companies. The social media giant has had an impressive streak and keeps on gaining in popularity and utility. This is also helped by the fact that over time, it’s been able to acquire other potential competitors such as Instagram and Whatsapp. Today,...
Read More »Facebook Stock Is Showing Signs of Recovering Against All Odds
Despite the fact that Facebook has faced numerous challenges tackling sensitive ads in the political election period, yesterday FB stock started to rise and showed some signs of recovering.Facebook (FB) stock price showed signs of recovering from the falling trend that had started forming before the market closed yesterday. The stock started reversing after hitting $207 where it is currently trading at $210.76 per share at the time of news reporting. The volatility on the Facebook stock is...
Read More »FTC Starts Investigation of Acquisitions by Google, Apple, Facebook, Amazon, Microsoft
As it tries to sanitize the playing field, the FTC has announced an investigation into some of the biggest tech companies: Amazon, Apple, Facebook, Google and Microsoft.The Federal Trade Commission, FTC, has announced its decision to begin an investigation targeted at some tech giants. The Commission said that the investigation is to shine its spotlight on these companies’ acquisitions carried out in the past, that may not have been thoroughly scrutinized by the regulator. The tech giants...
Read More »Facebook Stock Rises Despite Elon Musk’s Tweet Asking to #DeleteFacebook
Facebook (FB) stock price is moving higher despite all the noise around the company partially caused by Elon Musk’s negative position toward it.Last few years we are witnessing Facebook getting numerous objections from many sides. It all culminated when its CEO Mark Zuckerberg last year publicly admitted that the company won’t ever be included in checking the credibility of political parties that are advertising on the social network. Of course, it all was sparked even more when it’s...
Read More »Facebook Stock Plunges by 7% as Fourth Quarter Earnings Show Slowing Growth
Facebook recently released its fourth-quarter earnings with interesting figures. The general report shows that on the plus side, the social media giant is doing better than expected. Facebook surpassed the majority of Wall Street estimates for the company. On the other hand, the report shows that the level of growth needs work and seems to be slowing down considerably.Facebook Fourth Quarter HighlightsFacebook’s figures show that the company now sees 2.5 active monthly users. This is a 2%...
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