|Bid||202.63 x 900|
|Ask||202.64 x 3200|
|Day's Range||201.33 - 203.39|
|52 Week Range||147.80 - 203.55|
|PE Ratio (TTM)||33.40|
|Earnings Date||Jul 24, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||224.18|
Instagram's new video feature lets users post longer video, up to one hour.
A month after imposing tough regulations to defend online privacy, the European Union is now contemplating whether to put its weight behind a different cause: copyright regulation. You may have applauded the General Data Protection Regulation, which went into effect May 25 across the EU and gave the people often described merely as “users” significant new privacy rights online.
Among the companies with shares expected to trade actively in Thursday's session are Intel, Facebook, Micron, AT&T and Kroger.
Sorrell has explained WPP's succession plan following his resignation in April as chief executive of the advertising agency group.
Online fundraisers and crowdfunding campaigns have in the past month raised at least $23 million for various organizations that provide services to immigrant and refugee families, according to a tally by The Wall Street Journal. As criticism of the federal government’s policy of separating migrant families at the border reached a fever pitch this week, hundreds of thousands of people from all over the world began donating—some in amounts as small as $5. fundraising page “Reunite an immigrant parent with the child,” created by Silicon Valley couple Charlotte and Dave Willner on June 15, had earned $13 million as of Wednesday evening.
Pivotal Research Group became on Thursday the second Wall Street research firm to slap a $500 price target on Netflix this week as analysts' love for the stock hits a fever pitch.
Facebook (FB) stock climbed over 2.2% on Wednesday to touch a new all-time high after the company announced that its Instagram platform rolled out a new long-form video feature in a move that will see it compete more directly against the likes of Google's (GOOGL) YouTube. Cleary, it didn't take many investors too long to move on from Facebook's data scandal woes. But let's take some time to see if Facebook stock seems like a buy at the moment.
Technology stocks have rallied despite trade tensions between the U.S. and China. Facebook, Netflix and the tech-heavy Nasdaq index hit record highs on Wednesday. Many large tech stocks have very little exposure to China and continue to grow rapidly, making them attractive for investors.
There could be good reason for investors to put their hearts -- and dollars -- into the premier online dating site operator.
Facebook Inc.’s Instagram launched a new hub for long-form video, the company’s latest attempt to tap into growing demand among consumers and advertisers for mobile video. The new hub, called IGTV, is both a stand-alone app and a section of the primary Instagram app that will allow users to post high-definition videos.
Facebook Inc-owned social network Instagram launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers' time among ad-supported streaming services such as YouTube. Called IGTV in a nod to traditional television, the service plans to feature videos from rising internet celebrities, artists and pets, some of whom have tens of millions of social media followers. "Teens are now watching 40 percent less TV than they did five years ago," Instagram Chief Executive Kevin Systrom said at an event to announce the launch in San Francisco.
GoodRx, which helps consumers with no health insurance or high-deductible plans find cheaper prescriptions, is talking to several potential buyers, including McKesson.
Jim Cramer sits down with Williams-Sonoma President and CEO Laura Alber to find out how the Pottery Barn parent is faring in the age of Amazon.
Having missed the boat completely on fake news, Facebook appears to now be dropping the hammer on the real stuff. The nonprofit investigative journalism outlet Reveal published a major story this week regarding immigrant children allegedly being forcibly injected with drugs at a government-contractor run detention center. As outlets do these days, it attempted to share the story on Facebook with its readers. And, possibly because Facebook's opaque Newsfeed algorithm means no one has any idea if their followers will even see the story, the organization also tried to boost the story's reach with an ad buy. SEE ALSO: Facebook lets some group admins charge members for access But Facebook shut it down. In a tweet that included a screenshot of the attempted Facebook boost, Reveal claimed that the social media company was prohibiting it from paying to distribute its story due to the story's supposed nature as "political content." The story, of course, is a news story. "Hi there, @facebook," read the tweet. "This is not political content. This is journalistic content that deals with policy. There's a difference." Hi there, @facebook. This is not political content. This is journalistic content that deals with policy. There's a difference. Didn't you go over this with @ProPublica recently? https://t.co/kMCOzWanAY pic.twitter.com/3mSViK3sdv — Reveal (@reveal) June 20, 2018 The condemnation of Facebook's move was swift, with ProPublica immediately jumping on Twitter to share the story and bring light to Facebook's action. Facebook is rejecting a @Reveal story as "political content." It's about children at detention centers allegedly being drugged.Share it.https://t.co/AJdSzLEIUv https://t.co/lI7fZyhAWq — ProPublica (@ProPublica) June 20, 2018 New York Times reporter Mike Isaac, meanwhile, noted that Reveal's problem isn't limited to that one publication. "NYT CEO Mark Thompson has been railing about things like this on Facebook for a week," he wrote. "Facebook's tools are actively blocking real, informed journalism while pages like InfoWars go untouched[.] [What] has Facebook done to prove it deserves the power it holds?" NYT CEO Mark Thompson has been railing about things like this on Facebook for a week. Facebook's tools are actively blocking real, informed journalism while pages like InfoWars go untouchedwhat has Facebook done to prove it deserves the power it holds?https://t.co/aIIx7r8Tct — ಠ_ಠ (@MikeIsaac) June 20, 2018 The policy in question was announced by Facebook in May, with the stated goal of cleaning up its mucky social-media house. Essentially, if you were going to run political ads you had to disclose who funded them and have an account verified by Facebook to do so. "Our ultimate goal is to help make sure people know who is trying to share messages with them as well as who is paying for them," Katie Harbath, Facebook's Global Politics and Government Outreach Director, said at the time. Facebook obviously didn't work out the kinks before launching the new product. Thankfully, the Streisand effect is still kink-free. WATCH: Watch Zuckerberg’s face freeze after a far-right politician credited Facebook for Trump's win and Brexit
Facebook, Google parent Alphabet, Netflix and Amazon hit record highs Wednesday. Google and fellow tech titan Apple are still in buy range.
You already give Facebook your data, so why not throw a little cold, hard cash into the mix as well. Just bear with me here. So, you're following your favorite creator on the social network created in a dorm room , but because of that pesky algorithm her posts never show up in your Newsfeed. That's OK, you can still join her group! And now, thanks to a subscription-group test announced today by the advertising juggernaut, you may just have the pleasure of paying for that special access. SEE ALSO: Facebook mistakenly switched 14 million people's post settings to public because... oops! According to a Wednesday press release, Facebook is trying out giving group admins the ability to charge their members subscription fees for special sub-groups. TechCrunch reports that the fees will range from $4.99 to $29.99 a month. Yes, that's right, you may end up needing to pay almost $360 for an annual Facebook group subscription. Now, to be clear, at present only a select few group admins have the ability to charge fees. And while TechCrunch reports that for now most of that money will go to the organization or person leading the group, that could change at any point in the future. After all, it's not like this would be the first time Facebook altered the terms of a product to favor its bottom line. Oh, and Apple and Android will get paid as the fee is billed through them (they take a percentage). Pay for access to this golden content.Image: facebookAs for which group admins have access to this new and shiny feature, Facebook provides some helpful examples. "One such community leader looking to support her work, Sarah Mueller, started a group called Declutter My Home as a way to inspire and motivate others to tidy up their apartment or house," reads the company's press release. "The group quickly became an active community for helping tens of thousands of people across the world to reduce clutter in their spaces. With her new subscription group, Organize My Home, members will be able to work together on bite-sized projects, and have access to easily actionable checklists, tutorials, live videos and more to help with home organization." Sounds fun! Other groups given the power to charge fees include Grown and Flown Parents: College Admissions and Affordability, and Meal Planning Central Premium. So bust out your credit card and head over to Facebook dot com — the digital operators are standing by. WATCH: Watch Zuckerberg’s face freeze after a far-right politician credited Facebook for Trump's win and Brexit
Wall Street veteran Art Cashin says he's "stunned" that Walgreens will replace GE in the Dow but says it makes sense from a price basis.