A bit more than two months in, GDPR (shorthand for General Data Protection Regulation) is having an impact. Not surprising, as borne out by some (very) early numbers. There was Facebook, of course, where commentary during second-quarter earnings conference calls with analysts showed that as...
Facebook’s stock took a hit on Wednesday (April 18) after research firm OTR Global downgraded the stock, the first time an investment firm has done so since January. Bloomberg reported that OTR Global reduced its rating to mixed versus positive, citing concerns that advertising spending...
Some of our most important innovations have happened by accident. In 1928, Sir Alexander Fleming left his lab for vacation without cleaning up. He returned to find a lab filled with gross petri dishes that had to be thrown away — except for one that he noticed...
Facebook announced Q1 numbers that beat analysts’ estimates for revenue, ads, monthly and daily users and engagement. But after-hours trading saw Facebook shares fall 1.92 percent, even after the tech giant beat analyst expectations on almost every count. In his prepared remarks, CEO Mark Zuckerberg...
October 31, 2019
Facebook’s third quarter results topped expectations on the heels of advertising growth, adding tens of millions of new users in the period across all regions. The firm pointed to a deceleration in the current quarter amid what it said would be ad targeting headwinds and said, too, that commerce initiatives remain a key strategy moving […]
April 19, 2018
Facebook’s stock took a hit on Wednesday (April 18) after research firm OTR Global downgraded the stock, the first time an investment firm has done so since January. Bloomberg reported...
May 04, 2017
Facebook announced Q1 numbers that beat analysts’ estimates for revenue, ads, monthly and daily users and engagement. But after-hours trading saw Facebook shares fall 1.92 percent, even after the tech...
November 03, 2016
Shares of the social media giant slumped after-hours as it seems that, according to the company, stellar numbers are going to be harder to come by going forward. Call it...