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Facebook Share Price Eyes $280 but Downside Risks Remain

The Facebook share price continues to March higher with gains of 16% coming in the last month alone after the company released its second-quarter earnings on July 30th. Despite the ongoing virus impact on businesses, Facebook still managed to outperform on revenue and user base growth. Daily active users (DAUs) […]

Facebook Share Price

Facebook $220 Level – Key Ahead of Q2 2020 Earnings

Facebook closed the first trading day in the week at $233.50 – up 1.21% on the day. The big tech giant releases its Q2 2020 earnings Thursday after the market closes, and investors eye the $220 pivotal level. The company recovered the losses created by the coronavirus crisis – and […]

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Facebook (FB) Q1 Earnings Preview

Facebook (FB) will release its first-quarter results on April 29 after the market closes. The earnings update will provide the first impetus of the coronavirus outbreak impact on advertising spending. Analysts expect a slump in the advertising industry’s revenues for 2020 as most companies cut their advertising budgets.  In the [...]