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Music Industry Penny Stock Spikes 874% On Case Of Mistaken Identity
Thursday, December 3, 2020 - 5:01pm | 332Read More...Shares of a tiny music recording industry penny stock rocketed higher Thursday in a case of stock mistaken identity. What Happened: Shares of Luminar Media Group Inc (Pink: LRGR) rocketed higher as traders appeared to confuse the company with Luminar Technologies (NASDAQ: LAZR). Luminar...
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Facebook's Oculus Quest 2 VR Headset Comes With Better Specs And Lower Cost Than Predecessor
Thursday, September 17, 2020 - 2:49am | 420Read More...The Virtual Reality space is gearing up for the release of Facebook Inc's (NASDAQ: FB) wireless VR headset – the Oculus Quest 2. What Happened: Video game developer Oculus announced the launch of the VR headset on Wednesday that can be pre-ordered at $299. Shipping is expected...
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Oculus' Move To Make Facebook Accounts Mandatory For Users Of Its VR Headsets Sparks Social Media Outrage
Wednesday, August 19, 2020 - 4:00am | 447Read More...Virtual reality headset maker Oculus announced Tuesday that a user account with parent company Facebook Inc's (NASDAQ: FB) namesake social media platform would be necessary to log into its devices beginning October 2020. What Happened The Mark Zuckerberg-led company’s VR...
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Why Did Facebook 'Rebrand' Facebook?
Tuesday, November 5, 2019 - 9:20am | 519Read More...Facebook, 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...
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Stock Wars: Facebook Vs. Twitter Vs. Snapchat
Wednesday, August 28, 2019 - 12:57pm | 1632Read More...Social 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...
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The Challenges Oculus And Google Lawyers Expect For AR, VR Projects
Wednesday, March 14, 2018 - 2:46pm | 1431Read More...Legal 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...
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Facebook Continues To Prove It Can Monetize Its Users
Friday, August 11, 2017 - 7:59am | 603Read More...Tigress 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...
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Facebook's Oculus Setting Sight On Cheaper Headgear Launch In 2018
Friday, July 14, 2017 - 7:34am | 468Read More...In 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...
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Facebook, Cannes And The Future Of Entertainment
Monday, May 22, 2017 - 1:50pm | 597Read More...Technology-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...
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Facebook Q1 Paints A Picture Of Strength; Video To Come To The Fore This Year
Thursday, May 4, 2017 - 8:30am | 365Read More...UBS 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...
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Calm Down Everyone, Facebook's Growth Was Bound To Slow Down Eventually
Thursday, November 3, 2016 - 10:50am | 379Read More...Commenting 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...
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JMP Raises Its Price Target On 'Top Pick' Facebook Shares
Thursday, July 28, 2016 - 2:27pm | 406Read More...JMP 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 $0.97/$...
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Axiom's Anthony Highlights 5 Key Concerns Facebook Investors Might Be Considering
Tuesday, July 26, 2016 - 12:28pm | 419Read More...Victor 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...
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SunTrust's Bob Peck Remains Positive On Facebook Heading Into Q2 Earnings
Monday, July 18, 2016 - 8:48am | 368Read More...Facebook 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...
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Facebook Acquires VR Audio Technology Company Two Big Ears, Offers Its Technology For Free
Monday, May 23, 2016 - 5:28pm | 239Read More...Shares 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...
