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The Latest Breaking News from FB

Facebook's TikTok Inspired Reels Goes Global Today

Meta Platforms Inc (NASDAQ:FB) made Facebook Reels globally available in over 150 countries since its U.S. launch in September. The TikTok-inspired feature allows creators to share short-form video content on Facebook or cross-post Reels from Instagram to reach a broader audience. Facebook also introduced more creative tools and new ways for creators to…

Benzinga · Feb 22, 2022

Meta Platforms Whale Trades For February 22

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:FB) we detected 79 strange trades.

Benzinga · Feb 22, 2022

Read How JPMorgan Views Meta, Apple, Amazon, Netflix

Tech-dominated "growth" stocks are still not cheap despite sharp falls over the last six months, analysts at U.S. investment bank JPMorgan cautioned, Reuters reports. The so-called FAANGs have seen some of their COVID-era surges cut back this year. Meta Platforms Inc (NASDAQ:FB) fell 38%, Apple Inc (NASDAQ:AAPL) was down 5.7%, Amazon.com Inc (NASDAQ: AMZN) down 8.5%, and was Netflix Inc (NASDAQ: NFLX)…

Benzinga · Feb 22, 2022

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Facebook's Parent Meta Fires Official Who Featured In Sting Video

Meta Platforms Inc (NASDAQ:FB), the parent company of Facebook, has confirmed that Jeren A. Miles, a manager of global community development, is no longer employed by the company, TechCrunch reports. A video went viral on YouTube, which was then reposted on Reddit and other sites, featuring him in a sting operation with the intent of catching…

Benzinga · Feb 18, 2022

From 'Facebook' To 'Meta,' 'Facebookers' To 'Metamates' - Mark Zuckerberg Talks About The Future

Meta Platforms Inc (NASDAQ:FB) founder Mark Zuckerberg offered his vision for a corporate culture that will “build awesome things,” “live in the future,” and be run by employees whom he called ‘metamates.’ Zuckerberg said that Meta would build off the core values written in 2007 but adapt them for the future. “Meta, Metamates,…

Benzinga · Feb 16, 2022

Looking At Meta Platforms's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on Meta Platforms (NASDAQ:FB). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Feb 16, 2022

Why Is Facebook Parent Meta's Stock Trading Lower Today?

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google looks to adopt new privacy restrictions to curtail tracking across apps on Android smartphones. Google’s plans for Android could drive an end to more than a decade of advertising practices across smartphones, the Wall Street Journal reports. The move would affect companies, including Meta Platforms…

Benzinga · Feb 16, 2022

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Facebook Parent Meta Finally Consummates Kustomer Acquisition Post Regulatory Approval

After more than a year of antitrust scrutiny, Meta Platforms Inc (NASDAQ: FB) completed i

Benzinga · Feb 16, 2022

Facebook Parent Meta To Pay $90M To Settle Decade Long Privacy Lawsuit

Meta Platforms Inc (NASDAQ: FB), the parent company of Facebook,

Benzinga · Feb 15, 2022

4 Popular Stocks That Recently Released Revenue Forecasts Below Analysts’ Expectations

The major stock market indexes have been witnessing high price swings since the start of the year. And while impressive fourth-quarter corporate earnings have provided the stock market some support, popular companies Meta (FB), PayPal (PYPL), Affirm (AFRM), and Upwork (UPWK) reported revenues that were below Street estimates. So, let’s…

StockNews.com · Feb 15, 2022

Texas Attorney General Prosecutes Facebook Parent Meta: All You Need To Know

The Texas attorney general filed a lawsuit against Meta Platforms Inc (NASDAQ: FB) for its longstanding and discontinued use of facial-recognition technology that violated that state’s privacy protections for personal biometric data,

Benzinga · Feb 14, 2022

Facebook Parent Meta Capitalizes On Super Bowl Ad To Promote Metaverse

Meta Platforms Inc's (NASDAQ:FB) Super Bowl ad looks to sell the metaverse promise and its virtual-reality headsets with the help of an out-of-work animatronic singing dog, the Wall Street Journal reports. The commercial that the Meta aims to run during the game features the company's Quest 2 headset, which sells for at…

Benzinga · Feb 10, 2022

Chart Wars: Is Meta (Facebook) Or Snap Staged For A More Powerful Reversal?

Meta Platforms, Inc (NASDAQ: FB) and Snap, Inc (NYSE: SNAP) gained 5.37% and 7.24%, respectively, on Wednesday in a bullish attempt to reverse course to the upside.

Benzinga · Feb 10, 2022

Continue to Avoid These 3 Meme Stocks Down More Than 25% in 2022

Meme stocks rose in prominence last year, with several fundamentally weak stocks skyrocketing to unsustainable valuations due primarily to retail traders’ interest in them. However, these stocks’ gains did not last for long, and the prices of many stocks plunged back to earth. Popular meme stocks Meta Platforms (FB), PayPal…

StockNews.com · Feb 10, 2022

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Benzinga · Feb 10, 2022

Here's Why Tigress Financial Is Bullish On Facebook Parent Meta

Tigress Financial analyst Ivan Feinseth reiterated a Strong Buy rating and $466 price target on Meta Platforms Inc (NASDAQ:FB). The price target implies an upside of 100%. Near-term headwinds create a significant long-term buying opportunity, Feinseth said. Related Content: Meta Platforms (Facebook) Q4 Earnings Takeaways: Big EPS Miss, Revenue Beat, New Ticker Meta pressed the reset…

Benzinga · Feb 9, 2022

Facebook Parent Meta Falls Behind Nvidia

Meta Platforms Inc (NASDAQ:FB) continued its slide on February 8 and has now dropped so much in the past week that the company is worth less than chipmaker NVIDIA Corp (NASDAQ:NVDA), CNBC reports. Meta shares dropped 2.1% to close at $220.18 on Tuesday. The stock is down 35% this year and has reached its…

Benzinga · Feb 4, 2022

Jim Cramer Highlights Key Differences Between Meta And Amazon Following Earnings

Meta Platforms Inc (NASDAQ: FB) appears to be the clear loser of the FAANG stocks this earnings season, while Amazon.com Inc (NASDAQ: AMZN) has emerged as one of the big winners.

StockNews.com · Feb 4, 2022

Better Buy for 2022: Facebook vs. Snap

Today I'll analyze and compare Meta Platforms (FB) and Snap (SNAP) to determine which social networking platform is currently a better buy.

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Benzinga · Feb 4, 2022

Faceplant: Lesson's From Facebook Parent Meta Platform's Fall. Stop Losses Won't Save You. Here's What Will.

Tough Scene At Facebook On Thursday

Benzinga · Feb 4, 2022

Meta Agrees To Pay $2M Penalty To British Regulator

Britain's Competition and Markets Authority penalized Meta Platforms Inc (NASDAQ:FB) £1.5 million ($2 million) over new issues regarding its purchase of Giphy, Reuters reports. The CMA ordered Meta to sell animated images platform Giphy, which Mark Zuckerberg-led Facebook had acquired for a reported $400 million in May 2020, after concluding that remedies offered…

Benzinga · Feb 4, 2022

Jim Cramer Says Facebook-Parent Meta Has Become Undervalued But Here's Why You Should Wait Further To Buy

CNBC host Jim Cramer said investors wanting to buy Meta Platforms Inc. (NASDAQ: FB) stock should wait for the stock to find a bottom as institutional selling is extensive.

Benzinga · Feb 3, 2022

How Much Money Did Mark Zuckerberg Lose Today? He's No Longer A Top 10 Billionaire

Facebook co-founder and Meta Platforms (NASDAQ: FB) CEO Mark Zuckerberg had a rough day Thursday as shares fell hard after the company’s quarterly report.

Benzinga · Feb 3, 2022

Here's How KeyBanc Views Meta, Snap

KeyBanc analyst Justin Patterson lowered the price target on Meta Platforms Inc (NASDAQ:FB) to $280 from $420 (16% upside) and kept an Overweight rating on the shares following quarterly results. The analyst notes measurement headwinds are clearly more significant than envisioned, and estimates reset materially. The positive is that Meta has historically managed these transitions before…

Benzinga · Feb 3, 2022

FAANG No More? Facebook, Netflix 'Fracturing' Away From Elite Tech Group, Says Gene Munster

Mark Zuckerberg-owned Meta Platforms Inc (NASDAQ: FB) and online video streaming platform Netflix Inc (NASDAQ: NFLX) are fracturing away from the elite FAANG group, Loup Funds co-founder

StockNews.com · Feb 3, 2022

3 Mega-Cap Stocks Wall Street Loves: Nike, Alphabet, and Meta

Mega-cap stocks, such as Alphabet (GOOGL), Meta Platforms (FB), and Nike (NKE), are generally considered all-weather stocks due to their ability to endure harsh economic downturns and protect investors from market volatility. Therefore, we believe investors that are seeking to buck market volatility should add these stocks to their watchlist.…

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