fb stock Archives - Coinspeaker

Facebook Market Cap Falls Below $600 Billion as Stock Slide Continues

The Facebook parent company Meta fell to the eighth position among the most valuable US companies following a decrease in market cap.

Meta (FB) Stock Tanks 22% Post Q4 Results, Blames Apple Privacy Changes for Hurting Business

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By Bhushan Akolkar Feb 3, 2022

The company said that Apple’s privacy changes have cost their ad revenue to the tune of $10 billion during the fourth quarter of 2021. The company also reported an additional $10 billion loss in its AR/VR operations.

Meta Platforms (FB) Stock Slides for Second Consecutive Day Following CMA Decision to Block Giphy Acquisition

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By Tolu Ajiboye Dec 2, 2021

Meta’s recent stock troubles began after Britain’s Competition and Markets Authority (CMA) blocked the acquisition of Giphy, a major GIF platform.

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Meta Reverses Crypto Ads Ban on Facebook

By Ibukun Ogundare Dec 2, 2021

Meta announced its new decision following the news of the departure of David Marcus.

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Facebook Crypto Executive David Marcus Announces Departure, FB Stock Slightly Up

By Ibukun Ogundare Dec 1, 2021

When Marcus leaves Facebook, former CEO at Upwork, Stephane Kasriel, will take over the position. Also, Kasriel previously worked as the head of product for Novi.

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Facebook Reveals Mixed Q3 2021 Earnings Report, FB Stock 4% Down on Tuesday

By Bhushan Akolkar Oct 27, 2021

Facebook’s latest earnings reports have a mixed bag of commentary from market analysts. The company is looking to invest into new avenues while devoting significant resources towards building metaverse.

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FB Stock Up 2% in Pre-market, Facebook Reports Q3 2021 Results that Beat Analysts Estimates

By Steve Muchoki Oct 26, 2021

As for the third quarter operational highlights, Facebook reported that its daily active users (DAUs) came in at 1.93 billion representing a 6% rise YoY.

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FB Stock Slightly Down, Facebook to Hire 10,000 Engineers for Metaverse Dream

By Oluwapelumi Adejumo Oct 18, 2021

For achieving Facebook’s mission for metaverse, the recruitment of professionals in the field is paramount.

Bitcoin News, Business News, Cryptocurrency News, Market News, News

Bitcoin (BTC) Crosses Facebook’s Valuation after FB Stock Crash

By Bhushan Akolkar Oct 6, 2021

The world’s largest cryptocurrency Bitcoin (BTC) has moved past its crucial resistance of $50,000 thereby overtaking Facebook (FB) in valuations. As Q4 2021 begins, analysts are eyeing a major bull run ahead.

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FB Stock Down 5%, Facebook Experiences Worst Outage Since 2008

By Steve Muchoki Oct 5, 2021

The Facebook stock has risen approximately 23.27%, and 19.43% in the past year and YTD respectively.

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FB Stock Down 1% in Pre-market, Facebook Whistleblower Reveals Identity

By Steve Muchoki Oct 4, 2021

Facebook stock has dropped 3.30%, 8.84%, and 2.82% in the past three months, one month, and five days respectively through Monday’s pre-market.

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FB Stock 1% Down, Facebook Pauses Development of Instagram Kids Due to Heavy Criticism

By Steve Muchoki Sep 28, 2021

Facebook stock has gained approximately 35% and 29% in the past year and YTD respectively through Monday.

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FB Stock Down 4%, Facebook Says It Underreported Ad Performance

By Steve Muchoki Sep 23, 2021

During the second-quarter earnings call in July, Facebook had predicted that the iOS updates could cause more headwinds during the third quarter than earlier.

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FB Stock Up 0.5%, Facebook Unveils New Versions of Its Portal Video Chat Device

By Bhushan Akolkar Sep 22, 2021

Facebook has also announced its Portal for Business services allowing small and mid-sized businesses to deploy and remotely manage portal devices for workers.

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FB Stock Down 3% in Pre-market Despite Facebook Beating Expectations in Q2 2021

By Steve Muchoki Jul 29, 2021

Facebook stock has been on a winning streak since the onset of the coronavirus pandemic.