|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's range||207.76 - 209.99|
|52-week range||149.02 - 210.99|
|PE ratio (TTM)||34.45|
|Earnings date||25 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||231.19|
Mark Zuckerberg has been in hot water this week thanks to comments he made
Mob lynchings triggered by false incendiary messages in India, WhatsApp's biggest market with more than 200 million users, led to authorities calling for steps to prevent the circulation of false texts and provocative content. In India, WhatsApp said it will also test a lower limit of five chats - individual or group chats - at a time and remove the quick forward button next to media messages. The move is likely to be a deterrent to mass forwarding of messages.
“If the Vietnamese government is coercing your companies to aid and abet censorship, this is an issue of concern that needs to be raised diplomatically and at the highest levels,” lawmakers said in the letter, Reuters reported. Facebook and Facebook-owned Instagram said they will more aggressively lock the accounts of users the firms suspect are younger than 13 years old, according to TechCrunch. The social media companies will freeze suspicious accounts and force users to offer proof, such as a government-issued photo ID, that they’re old enough to use the sites, TechCrunch reported.
Nygren said Thursday he thinks investors could be missing out on two big value plays if they just look at their PE multiples.
On July 11, Facebook (FB) stock generated a return of 30.4% in the trailing-12-month period, compared to 5.7% in the trailing-one-month period. However, it gained 5.1% in the trailing-five-day period.
“There is no avoiding pain, especially if you’re going after ambitious goals,” says the founder of Bridgewater Associates, the world's largest hedge fund.
Facebook founder and CEO Mark Zuckerberg has found himself at the center of a fresh row after saying the social network should not prohibit posts which deny the Holocaust. In a podcast interview with tech website Recode on Wednesday, Zuckerberg said that while Facebook was dedicated to stopping the spread of fake news, certain beliefs that were sincerely held would not be taken down. The controversy began when Zuckerberg provided an unprompted example of Holocaust deniers to Recode host Kara Swisher to make a point about allowing hoaxes to be published on the site.
Snap (SNAP) recently expanded in India, increasing competitive pressure on Facebook (FB) in its overseas markets. Facebook relies on overseas markets like India for the majority of its revenues. In the first quarter, the company generated 52.5% of its total revenues in markets outside the United States and Canada.
Jul.19 -- Facebook Inc. Chief Executive Officer Mark Zuckerberg walked back comments that appeared to defend Holocaust deniers, after trying to explain how careful the social-media giant tries to be before kicking people off the social network. He ended up using as an example a group that garners little sympathy. Bloomberg's Sarah Frier reports on "Bloomberg Technology."