Facebook Inc (NASDAQ:FB) released its earnings report on Wednesday, 28th January, 2015, and much to everyone’s surprise, it surpassed expectations as projected by Wall Street. Julia Boorstin covered it for CNBC and reported that while there was an increase in just about every aspect pertaining to this social networking site, it was mobile advertising which…
Are Facebook Inc (FB)’s Claims of Economic Benefit True/False?
Based on a survey conducted by Deloitte & Touche on its behalf, Facebook Inc (NASDAQ:FB) declared that in the past year it had been responsible for creating an economic impact worth $227 million on a global scale. The social networking site also claimed to have created as many as 4.5 million job opportunities the world…
How About Going Short on Facebook Inc (FB)?
Subsequent to having peaked in December, 2014, wherein its share value exceeded all expectations and touched $81.5, Facebook Inc (NASDAQ:FB) has since dropped and is currently poised at $74.5 per share. Therefore, the question arises if going short on this stock would be a wise decision. Carter Worth compared this stock to other names which…
Data Manipulation Shouldn’t Hurt Facebook Inc (NASDAQ:FB) Stock
In a research note issued this morning, Needham believes the economic consequences of Facebook Inc (NASDAQ:FB) manipulating emotional content will be minimal. They are maintaining their Buy rating on the stock and $80 price target. For one week in January of 2012, Facebook manipulated the news feeds of 689,000 of its users without their knowledge, whereby…
Stock Alert: Facebook Inc (NASDAQ:FB) Officially Launches Slingshot Photo App
Facebook Inc (NASDAQ:FB) announced on their blog today “We’re excited to introduce the second app from Facebook Creative Labs: Slingshot. Slingshot lets you quickly share everyday moments with lots of people at once.”