-
Why Did Facebook 'Rebrand' Facebook?
Tuesday, November 5, 2019 - 9:20am | 519Facebook, Inc. (NASDAQ: FB) announced a new logo Monday to differentiate the parent company of services from the original app that shares its name. The new concept is all caps and color-adaptive to suit whichever subsidiary is open. “The new company branding is designed to help us better...
-
Stock Wars: Facebook Vs. Twitter Vs. Snapchat
Wednesday, August 28, 2019 - 12:57pm | 1632Social media stocks are back in favor: they've held up fairly well despite the broader market downturn seen since the start of August. Especially for Facebook, Inc. (NASDAQ: FB) and Snap Inc (NYSE: SNAP), it has been a redemption of sorts. Source: Y Charts The following is an...
-
The Challenges Oculus And Google Lawyers Expect For AR, VR Projects
Wednesday, March 14, 2018 - 2:46pm | 1431Legal teams at the world’s top tech companies are bracing for a new era — one that aligns the real world with an increasingly expansive virtual one. Facebook Inc (NASDAQ: FB)’s Oculus and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)’s Daydream already market virtual reality...
-
Facebook Continues To Prove It Can Monetize Its Users
Friday, August 11, 2017 - 7:59am | 603Tigress Financial Partners said in a note Thursday Facebook Inc (NASDAQ: FB) continues to prove it can monetize its users. The firm said the company's business performance continues to increase, driven by greater monthly and daily active users, which is fueling strong gains in advertising revenue...
-
Facebook's Oculus Setting Sight On Cheaper Headgear Launch In 2018
Friday, July 14, 2017 - 7:34am | 468In what could bring about a major upheaval in the virtual reality arena, Facebook Inc (NASDAQ: FB) is working on an economy Oculus VR headset, which could hit the market as early as next year, Bloomberg said, quoting people familiar with the matter. The proposed gadget priced at $200 is aimed at...
-
Facebook, Cannes And The Future Of Entertainment
Monday, May 22, 2017 - 1:50pm | 597Technology-focused Gene Munster peeked into another realm of reality last week at the Cannes Film Festival and discovered filmmakers eagerly awaiting progress in virtual reality. The new medium is expected to transform storytelling by more fully immersing viewers in an alternate world, provoking...
-
Facebook Q1 Paints A Picture Of Strength; Video To Come To The Fore This Year
Thursday, May 4, 2017 - 8:30am | 365UBS raised its price target for Facebook Inc (NASDAQ: FB) Thursday after the social media platform reported first-quarter results that analyst Eric J. Sheridan called "solid." Facebook reported a Q1 EPS of $1.04 after the close Wednesday, missing estimates by $0.08; sales of $8.032...
-
Calm Down Everyone, Facebook's Growth Was Bound To Slow Down Eventually
Thursday, November 3, 2016 - 10:50am | 379Commenting on Facebook Inc (NASDAQ: FB)'s third-quarter results, Cantor Fitzgerald said the company's growth is bound to slow down from the torrid 50 percent year-over-year rate. 3Q Review Analyst Youssef Squali attributed the outperformance to the following factors: Healthy MAU growth and...
-
JMP Raises Its Price Target On 'Top Pick' Facebook Shares
Thursday, July 28, 2016 - 2:27pm | 406JMP reiterated its Market Outperform rating and raised price target on Facebook Inc (NASDAQ: FB) after the social media giant's blowout quarter silenced its critics who were opining that rising competition was stagnating user growth and monetization. Facebook's second-quarter EPS/revenue of $0.97/$...
-
Axiom's Anthony Highlights 5 Key Concerns Facebook Investors Might Be Considering
Tuesday, July 26, 2016 - 12:28pm | 419Victor Anthony, a senior analyst at Axiom Capital has been bullish on Facebook Inc (NASDAQ: FB) since the stock was trading under $20 a share. His bullish stance remains unchanged to this day, but he does have several concerns that need to be addressed in the company's second-quarter earnings...
-
SunTrust's Bob Peck Remains Positive On Facebook Heading Into Q2 Earnings
Monday, July 18, 2016 - 8:48am | 368Facebook Inc (NASDAQ: FB) reports its second-quarter financial results on July 27, and SunTrust's Bob Peck projects another "strong" quarter from the social media giant. "Advertisers and Facebook distribution partners we spoke with are pointing to above consensus growth QoQ for Facebook + Instagram...
-
Facebook Acquires VR Audio Technology Company Two Big Ears, Offers Its Technology For Free
Monday, May 23, 2016 - 5:28pm | 239Shares of Facebook Inc (NASDAQ: FB), parent of Oculus, tumbled 1.18 percent on Monday trading, potentially on the heels of news the company had acquired Two Big Ears (TBE), a spatial audio technology company focused on 3D audio for games and VR content. While terms of the transaction have not...
-
Instagram, WhatsApp And Oculus Rift Keep Facebook's Long-Term Potential Robust
Monday, April 11, 2016 - 7:15am | 269Robert "Bob" S. Peck of SunTrust Robinson Humphrey mentioned that in recent weeks, concerns have emerged regarding weakness is some of Facebook Inc (NASDAQ: FB) verticals during the seasonally weak 1Q. The analyst maintained a Buy rating on the company, with a price target of $125. Investor...
-
Facebook Is More Than Just A Social Network; Axiom Says Shares Are Worth $150
Monday, April 4, 2016 - 8:39am | 381Axiom’s Victor Anthony believes that Facebook Inc (NASDAQ: FB) is becoming “the world’s largest communications and entertainment platform,” and that the stock therefore deserves to trade at a premium. The analyst maintained a Buy rating on the company, while raising the...
-
Google Has Potential In VR Market
Wednesday, February 10, 2016 - 1:27pm | 415Facebook Inc (NASDAQ: FB) has been hailed as the tech firm with the most potential in the virtual reality space. The company's acquisition of VR firm Oculus gave it a leg up against competitors and helped the firm bring one of the most promising consumer virtual reality headsets to the market this...