Tag FB
Midday Stock Movers: Meta, Netflix, Airline Stocks...
Continue ReadingMeta Platforms faces tough user comps due to COVID pull forwards. See why I believe that FB stock is already set to retest recent lows around $185...
Continue ReadingYou only need two things to make money in the stock market: a portfolio of high-quality stocks and a long-term mindset. Studies have consistently shown that the vast majority of day traders lose money, and since 1928 the S&P 500 has generated a negative return on a monthly ba...
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Since the Nasdaq Composite peaked in November, it is down by about 17%, and had plunged by even more. Concerns about inflation, the Federal Reserve's plans to fight it, and the strength of the economy have weighed on investors' minds. The growth-heavy index is still firmly in cor...
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Continue ReadingElon Musk's attempt to take Twitter (NYSE: TWTR) private with a $43 billion buyout offer was predictably met with resistance by the social media platform's board of directors...
Continue ReadingTesla stock popped late as earnings growth accelerates. Netflix and Facebook led Wednesday's Nasdaq retreat...
Continue ReadingKeyBanc saw another volatile advertising earnings season as inflation and macro pressures weighed on advertising budgets. KeyBanc saw diversified advertisers (Overweight-rated Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and The Trade Desk Inc (NASDAQ: TTD)) within the internet sector facing the least fundamental risk. Alphabet's price target of $3,075 reflected a 2023E GAAP P/E multiple of 22.1x. With enhanced disclosures of Google Cloud, it saw investor focus shift toward a sum-of-the-parts fra...
Continue ReadingA group of 21 U.S. lawmakers sent a letter to Facebook chief executive Mark Zuckerberg on Wednesday voicing concern about what they called disinformation on the platform aimed at Spanish speakers about Russia's invasion of Ukraine. The disinformation is spread by Moscow-backed outlets like RT en Espanol, among others, said the letter joined by Senators Amy Klobuchar and Ben Ray Lujan and Representative Tony Cardenas and 18 others...
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