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Facebook stock price dumps after-hours following the Q2 earnings release

The Facebook stock price shrugged off blowout second-quarter earnings and instead reacted to the pessimistic forward guidance, losing 4% after the close. Facebook Inc (NASDAQ: FB) finished yesterday’s official trading session at $373.44, higher by $1.29 (0.35%). After setting an all-time high of $377.54 on Tuesday, expectations coming into yesterday’s […]

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Facebook Share Price Outlook: Sentiment Supports New Record Levels

Facebook share price’s all-time high set on Friday at 375.33 was breached today after the EU privacy watchdog EDPB set a one-month deadline to conclude the Irish data protection agency’s inquisition into Facebook and WhatsApp. The company is seeking a quick conclusion to the drawn-out process as it builds momentum […]

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Facebook Stock Price Outlook: Will Earnings Produce New Highs?

On Wednesday, Facebook reports its second-quarter earnings, in which analysts are expecting a 60% growth in sales from the same period last year to $28 billion. This figure represents a faster pace of growth quarter-on-quarter.  Facebook produced a near-doubling of its profits to $9.5 billion and a 48% surge in […]

How Will The Facebook Stock Price React To Higher Taxes?

The Facebook stock price has been on a great run and trading just below its all-time high. However, the G7’s new tax initiative could stifle the rally. Yesterday G7 leaders announced a “historic agreement” to combat tax abuse by multinational tech companies. The seven wealthy countries also agreed to introduce […]

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Facebook Shares Slightly Higher After Board Uphold Trump’s Ban

Facebook Inc’s shares rose slightly on Wednesday after the company’s advisory board upheld the suspension of the account of former U.S. President Donald Trump.  However, the board determined that the indefinite suspension meted out to the former president was inappropriately imposed, as it lacked clear standards. This policy, the board […]

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Why Are Facebook Shares Falling Today? Here is Why

[adrotate group=”3″] The Wall Street Journal is reporting that Google and Facebook agreed to work together if the US government launched an investigation into their online ad sharing pact. The WSJ referenced its claims from the text of the lawsuit that was filed against Google last week by 10 US states.  […]