Mark Zuckerberg has sold over $1 billion of Facebook this year amid a 12% jump in share price. The Facebook CEO is worth $113 billion.
Deutsche Bank analyst Lloyd Walmsley and his team reiterated their buy rating and increased their price target for Facebook to $385 per share Sunday.
Facebook and Australia are locked in an "old western standoff" as the government says the tech giant should pay for news-related content.
Business Insider assembled a panel of hundreds of young investors who volunteered to share their views about the markets. This is a self-selected group of people under the age of 35 who have a brokerage account. Just 2% of participating millennial investors picked Facebook as the single FAANG stock they’d […]
Facebook will release second-quarter figures after markets close on Thursday, giving investors an update to how it’s fared throughout the coronavirus pandemic. The social media giant’s stock sits just off of record highs after investors propped up mega-caps through the market’s months-long upswing. Most analysts are focused on a recent […]
The Nasdaq composite turned positive for the year-to-date on Thursday as major tech names fuel a rapid recovery. The index sat nearly 24% lower at its trough, but a combination of investor risk-taking and strong tech earnings fuelled strong gains through April. Facebook,Apple,Amazon,Microsoft, and Alphabet make up 38% of the […]
Early Facebook investor Peter Thiel offloaded $US11.3 million worth of the social media giant’s stock on February 6, according to regulatory filings. The billionaire sold 53,602 shares, trimming his stake by 81%. Thiel still holds 9,948 shares, worth about $US2 million. The investor also has a stake in Palantir Technologies, […]
Facebook has been the subject of countless negative headlines this year relating to its approach to political advertising, monitoring of hate speech, and antitrust concerns. One Wall Street analyst says the company’s negative news flow might not stop anytime soon, and investors have come to accept it. Here’s why Piper […]