Along with other companies across industries providing updates to investors regarding financial impacts of the COVID-19 pandemic, Facebook (NASDAQ: FB) acknowledged this week that its revenue is being hurt. However, the social networking giant stopped short of quantifying the
(RTTNews) - Attorneys General of 33 states in the United States jointly issued a letter to major online platforms asking them to do more to stop price gouging during the coronavirus or Covid-19 pandemic.
Do you have a nice warm-and-fuzzy feeling that the stock market has bottomed out and is ready to roar back? Yeah, me neither. That's not to say that I'm downbeat; I have no doubt whatsoever that a monumental rebound will come. But it wouldn't surprise me at all if the market fir
Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), eBay (NASDAQ: EBAY), Walmart (NYSE: WMT), Craigslist, and other online marketplaces are facing calls from 33 state attorneys general to reign in price gouging on their platforms amid the COVID-19 pandemic.
Snap (NYSE: SNAP) has been a divisive stock ever since the novel coronavirus (COVID-19) crisis started. The bulls claim Snap is well-insulated from the coronavirus crisis, since it has limited exposure to small and medium-sized businesses.
In the span of a month, COVID-19 went from an existential health scare to having a very real and likely very deep effect on the global economy. It's in times like this that Warren Buffett's pithy saying comes true: "Only when the tide goes out do you discover who has been swimmi
Some of the world's leading technology companies, including Facebook (NASDAQ: FB), Microsoft (NASDAQ: MSFT), Twitter (NYSE: TWTR), and Slack (NYSE: WORK), have teamed up with the World Health Organization to launch a hackathon aimed at developing software to manage the COVID-19
Twitter (NYSE: TWTR) isn't waiting around until its first-quarter earnings release next month to let investors know how the novel coronavirus has impacted its business. The company on Monday released an update for investors in which it withdrew its original guidance for its firs
Cheetah Mobile's (NYSE: CMCM) stock plunged over 40% this year, with most of the decline occurring in late February after Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google booted Cheetah's apps from its Play Store and advertising platforms.
Taking a page from rival Twitter (NYSE: TWTR), Facebook (NASDAQ: FB) warned Tuesday it is seeing a slow down in advertising sales amid the COVID-19 outbreak.
Facebook (NASDAQ: FB) and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google have experienced an uptick in usage as people turn to social media for information, entertainment, and solace amid the COVID-19 outbreak.
Television and film productions have been halted to help limit the spread of the novel coronavirus. Meanwhile, theaters have closed their doors. While many TV studios have various series completed and ready to air, a prolonged production suspension could create a dearth of new T
The rapid spread of the coronavirus pandemic has plunged the economy into its first bear market in more than a decade. History has shown that when panic is at its peak is generally the best time to buy stocks -- especially strong, well-run companies with a long track record of s
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alphabet Inc (Symbol: GOOG), where a total volume of 18,426 contracts has been traded thus far today, a contract volume which is representative of approximatel
As Congress continues to hammer out a more than $1 trillion stimulus package, Facebook (NASDAQ: FB) is taking matters into its own hands, announcing paid leave for its workforce.
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