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The Latest Breaking News from FB

Here's Why Meta Investors Remain Divided Over Board Member Election

A group of shareholders urged Facebook parent Meta Platforms Inc (NASDAQ:FB) shareholders to vote against the re-election of two board members, Marc Andreessen and Peggy Alford. PayPal Holdings Inc's (NASDAQ:PYPL) Peggy Alford joined the Facebook parent's board in 2019, whereas venture capitalist Marc Andreessen has served on the company's board since June 2008, Reuters reports. "We…

Early Outlooks On Facebook Earnings Raise Caution Flags

Early Outlooks On Facebook Earnings Raise Caution Flags

Analysts covering Facebook parent Meta raised concerns Wednesday over the Russia-Ukraine war and its impact on European economies.

Investors Business Daily

Meta Platforms Whale Trades For April 13

Meta Platforms Whale Trades For April 13

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 83 strange trades.

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Here's How RBC Capital Viewed Meta

RBC Capital analyst Brad Erickson reiterated Outperform on Meta Platforms Inc (NASDAQ:FB), but lowered the price target from $245 to $240 (11.3% upside). Another round of SMB ad agency channel checks raised the conviction that FB will likely see another rocky quarter, prompting lower estimates and PT to $240. The beneficiaries from FB erosion…

Better Buy for 2022: Twitter vs. Facebook

In this article I will analyze and compare Twitter (TWTR) and Meta Platforms (FB) to determine which social media stock is currently a better buy.

Grab These 5 Large-Cap Stocks Before They Jump 40%, According to Wall Street

As the stock market is expected to remain highly volatile in the coming months, large-cap stocks should be looked at for their ability to dodge market fluctuations and deliver steady returns. Analysts expect fundamentally-sound large-cap stocks Meta (FB), Alibaba Group (BABA), AstraZeneca (AZN), Applied Materials (AMAT), and Salesforce.com (CRM) to…

Better Buy for 2022: Meta vs. Twitter

In today's article, I will analyze and compare Meta (FB) and Twitter (TWTR) to determine which social media stock is currently a better investment.

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UBS Remains Bullish On This Social Media Giant - Read Why

UBS Remains Bullish On This Social Media Giant - Read Why

UBS analyst Lloyd Walmsley raised the price target on Meta Platforms Inc (NASDAQ:FB) to $300 from $280 and kept a Buy rating on the shares. The price target implies an upside of 29.4%. The impact of the Russia-Ukraine war is more than offset by the company's lower operating expense estimates. Also Read: From 'Facebook' To 'Meta,' 'Facebookers' To…

TransAlta Inks Renewable Power Purchase Agreement With Meta

TransAlta Inks Renewable Power Purchase Agreement With Meta

TransAlta Corp (NYSE:TAC) has entered into a long-term renewable energy purchase agreement with Meta Platforms Inc (NASDAQ:FB) for the offtake of 100% of the generation from its 200 MW Horizon Hill Wind Power Project to be located in Logan County, Oklahoma. Financial terms were not disclosed. Meta will receive both renewable electricity and environmental attributes.…

Check Out What Whales Are Doing With Meta Platforms

Check Out What Whales Are Doing With Meta Platforms

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.

Looking At Meta Platforms's Recent Whale Trades

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.

Facebook Parent Meta Pauses Data Center Plans In Netherlands

Facebook Parent Meta Pauses Data Center Plans In Netherlands

Meta Platforms Inc (NASDAQ:FB) had halted plans to build a large data center in the Netherlands following intense government backlash, Bloomberg reports. The local, provincial and national governments invited Meta in 2019 to consider a data center investment in the Netherlands in the region of Zeewolde. However, the Dutch Senate approved a…

DOJ Supports Antitrust Bill Targeting Big Tech - Read Why: WSJ

DOJ Supports Antitrust Bill Targeting Big Tech - Read Why: WSJ

The Justice Department supported American Innovation and Choice Online Act and similar legislation banning large digital platforms from favoring their products and services over competitors, the Wall Street Journal reports. The DOJ saw the rise of dominant platforms like Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google jeopardizing open markets and competition. Amazon, Google, Apple…

US, European Union Forge Fresh Data Sharing Pact

US, European Union Forge Fresh Data Sharing Pact

The E.U. and U.S. broke the deadlock on cross-border data-transfer pact to relieve tech giants like Meta Platforms Inc (NASDAQ: FB), Bloomberg reports. The U.S. also agreed to provide energy to Europe as the Russian invasion of Ukraine threatened to disrupt the continent’s energy supplies, CNBC reports. This new pact will “enable predictable and trustworthy…

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Here's Why UBS Is Bullish On Meta

The major Swiss bank UBS reiterated a Buy on Meta Platforms Inc (NASDAQ:FB) with a price target of $280. The price target implied an upside of 27.5%. It's time to talk about the monetization of the video format Reels, noted analyst Lloyd Walmsley. Walmsley admitted that users' time on platforms like Instagram is likely to increase significantly. As far…

Meta Platforms Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:FB) we detected 30 strange trades.

Facebook Advertisers See Redemption Post Apple's Privacy Changes

The creator of Da Vinci Eye's drawing app, Samuel Gherman, had to cut his Meta Platforms Inc (NASDAQ:FB) Facebook ad spending targeting Apple Inc (NASDAQ:AAPL) iPhone users, the Information reports. Gherman cut the ad spend by about 90% to less than $100 per day beginning May 2021. The cost of attracting a single new Da…

Investors Business Daily

Meta Stock May Be Ready To Pause; Why This Butterfly Spread Trade Could Earn 20%

Meta Platforms (FB) has bounced nicely off the recent lows near 186. So today I want to look at an options trade in Meta stock that could benefit from neutral price action over the next month. After a strong run in the short term, Meta stock is possibly due for…

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Here's Why Facebook And Pinterest Shares Are Rising

Shares of several companies in the broader technology and social media space, including Meta Platforms Inc (NASDAQ: FB) and Pinterest Inc (NYSE: PINS), are all trading higher amid overall market strength as stocks

Facebook Continues To Lose Out On User Time; Netherlands Data Center Plans Face Opposition

BuzzFeed Inc (NASDAQ:BZFD) CEO Jonah Peretti disclosed during its earnings call that he continued to see audiences spending less time on Meta Platforms Inc's (NASDAQ:FB) Facebook, CNBC reports. Peretti admitted that Facebook accounted for most of its audience traffic to its shopping content. However, the shift in audience time away from the app has…

Telegram Displaces WhatsApp As Russia's Popular Messaging Tool

Telegram surpassed Meta Platforms Inc (NASDAQ:FB) owned WhatsApp to become Russia's most popular messaging tool, Reuters reports based on PJSC MegaFon (OTC:MFOYY). The service started actively growing on February 24 as Russia sent tens of thousands of troops into Ukraine. Telegram's share jumped to 63% in the first two weeks of March from 48% in the…

Facebook Parent Meta Employees Seek Greener Pastures Post Stock Meltdown

Several Meta Platforms Inc (NASDAQ: FB) employees burdened with underwater stock options looked to exit the social media giant following its plunging stock prices,

Why Facebook, Pinterest And Roblox Shares Are Rising Today

Shares of several gaming, streaming and social media companies, including Meta Platforms Inc (NASDAQ: FB), Pinterest Inc (NYSE: PINS) and Roblox Corp (NYSE:

Facebook Joins TikTok: What Does The Move Mean For Meta's Growth?

Facebook, the social media platform owned by Meta Platforms (NASDAQ: FB), has signed up for a TikTok account.

Irish Data Watchdog, South African Competition Commission Penalize Facebook Parent Meta

Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts. "This fine is about record-keeping practices from 2018 that we have since updated,…

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