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. Facebook’s share […]
Facebook’s share price is facing headwinds this Thursday, as hearing begins into a review of an August order to suspend Facebook user data flows from the EU to the US, made by the highest court in Europe. Ireland’s Data Protection Commission had in August, suspended the data flow in response to […]
The US Federal Trade Commission and several US states have filed antitrust lawsuits against social media giant Facebook, over what it terms a “buy or bury” tactic it alleges the company is using to maintain its market monopoly. The lawsuit is coming after Google’s parent company Alphabet was also hit […]
Facebook was 1.9% higher in the first half hour of Wednesday trading as the stock rebounds from weakness in tech stocks. The Nasdaq sold off heavily on Monday and Tuesday on news of a potential coronavirus vaccine by year-end. The Nasdaq was hit by the drop in valuations of tech […]
The Facebook share price has fallen 3% on the day as the stock retreats from the $300 level for a second time. The move lower mirrors a 3.46% drop in the Nasdaq 100 as high jobless claims and a slowdown in the services sector had traders nervous about a slower […]
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) […]
A boost from the big five on the Nasdaq 100 composite index is boosting that index by 2.25% on the day. The US markets have made a positive impression on the day, after yesterday’s losing session, with the Nasdaq 100 getting a big push from stocks of Apple, Amazon, Facebook, […]
The Dow Jones futures add over 80 points as the Industrial Average attempts a rebound from yesterday’s sharp losses. Better than expected corporate earnings reported from top technology companies after the closing bell yesterday, improved sentiment.
Facebook Q2 2020 earnings beat expectations sending the price 6% higher
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