In recent trading, shares of Facebook Inc (Symbol: FB) have crossed above the average analyst 12-month target price of $281.93, changing hands for $303.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
(RTTNews) - Facebook has warned that Apple Inc.'s planned changes to iOS 14 will disproportionately affect Audience Network due to its heavy dependence on app advertising.
Asian shares touched two-year peaks on Thursday in the wake of Wall Street's record run as cheap cash drove up big-cap tech darlings, although Sino-U.S. tensions caused caution to creep in as the session progressed.
Asian shares touched two-year peaks on Thursday in the wake of Wall Street's record run as cheap cash drove up big-cap tech darlings, although Sino-U.S. tensions caused caution to creep in as the session progressed.
Global stock markets are forecast to close the year below their pre-pandemic highs, but will still keep alive for at least another six months a bull run that is defying a sombre economic outlook across much of the world, Reuters polls of market experts found.
The S&P 500 Index (SNPINDEX: ^GSPC) gained 35 points, a solid 1%, on Aug. 26, setting another all-time high, driven upwards by huge gains from tech giants Salesforce.com (NYSE: CRM), Netflix (NASDAQ: NFLX), Adobe (NASDAQ: ADBE), and Facebook (NASDAQ: FB).
What happened
Shares of Facebook (NASDAQ: FB) jumped 8.2% to a new closing high of $303.91 on Wednesday, after analysts helped to focus investors' attention on the digital ad titan's massive growth opportunity in e-commerce.
Stocks finished on a high note on Wednesday, lifted by positive coronavirus vaccine news as well as a red-hot tech sector. The Dow finished the day close to 100 points higher for its fourth win in five days. The S&P 500 scored its fifth-straight win and fresh intraday rec
U.S. stocks surged on Wednesday, pushing the S&P 500 to its fourth straight record closing high, as investors stayed focused on large-cap momentum stocks that have outperformed since the onset of the coronavirus pandemic.
The NASDAQ 100 After Hours Indicator is up 16.86 to 11,988.8. The total After hours volume is currently 44,024,021 shares traded.The following are the most active stocks for the after hours session: Microsoft Corporation (MSFT) is -0.13 at $221.02, with 1,953,029 shares traded.,
Facebook (NASDAQ: FB) and Apple (NASDAQ: AAPL), never the best of tech industry friends, are at odds over the latter's upcoming update to the iPhone's operating system. In an official company blog post today, Facebook wrote that due to changes being implemented in iOS 14, "[o]ur
A gauge of global equity markets jumped to an all-time peak on Wednesday, after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the Federal Reserve potentially sets a new course on inflation.
Facebook Inc on Wednesday warned that privacy changes Apple Inc plans for its forthcoming iPhone operating system will "disproportionately affect" the thousands of developers using a Facebook tool to serve ads in external apps.
Facebook Inc outlined some changes on Wednesday that might affect advertisers as thousands of iPhone users are expected to upgrade to Apple Inc's upcoming operating system.
E-commerce sales are booming, and Facebook (NASDAQ: FB) wants a piece of the action. The social media giant has been moving toward making shopping on its platforms, Facebook and Instagram, easier since last year. It recently launched and expanded a few products that aim to make
Last September, Facebook (NASDAQ: FB) launched Facebook Dating in the U.S. after testing the feature in other markets for a year. Earlier this year, Facebook upgraded the feature with video calls to let users go on "virtual" dates as the COVID-19 crisis kept more people at home
For many investors, 2020 has tested their investing resolves like never before. The coronavirus disease 2019 (COVID-19) pandemic has whipsawed equities over a six-month span, leading to the fastest bear market decline in history, and the quickest recovery to new all-time highs o
The COVID-19 pandemic has unleashed an economic malaise the likes of which we have not witnessed since the Great Recession in 2008 and 2009. Entire industries such as airlines and hotels are feeling the heat as demand plunges amid a slew of lockdowns and border closures enacted
The owner of Burger King's franchise in Thailand became the latest company on Wednesday to bow to boycott calls by protesters who accused it of advertising on a television network they brand pro-government.