Shares of Facebook fell 3.41% to $258.44 at 14:36 EST on Monday, following last session’s downward trend. NASDAQ Composite is sliding 1.11% to $13,055.90, after two consecutive sessions in a row of gains. This seems, up until now, an all-around negative trend exchanging session today.
Facebook’s last close was $267.57, 17.89% under its 52-week high of $304.67.
News about Facebook today
Twitter, Facebook and others silenced trump. now they learn what's next.. According to today’s article on The Wall Street Journal, "Many people outraged by the event-including employees working for those companies-demanded that Twitter, Facebook and others take more aggressive action than they had in previous controversies involving Mr. Trump. ", "Though Parler and other smaller platforms might grow, longtime observers of social media say the significant scale of Twitter and Facebook make those platforms unlikely to lose their influence."
Facebook sees $34 billion erased from market cap as trump-ban fallout continues to spook tech investors. According to today’s article on Business Insider, "While Facebook is far from the only platform to ban Trump, it is among the largest to do so. "
Microsoft, Facebook pause political donations after U.S. riot. According to today’s article on Bloomberg Quint, "Microsoft Corp. and Facebook Inc. said they will pause political contributions after a deadly pro-Trump riot in the U.S. Capitol last week."
Facebook’s sales growth is 24.7% for the present quarter and 24.7% for the next. The company’s growth estimates for the ongoing quarter and the next is 24.6% and 21.1%, respectively.
Year-on-year quarterly revenue growth grew by 21.6%, now sitting on 78.98B for the twelve trailing months.
Facebook’s last day, last week, and last month’s average volatility was a negative 0.44%, a negative 0.42%, and a negative 0.28%, respectively.
Facebook’s last day, last week, and last month’s high and low average amplitude percentage was 2.18%, 2.60%, and 2.66%, respectively.
Facebook’s Stock Yearly Top and Bottom Value
Facebook’s stock is valued at $258.44 at 14:36 EST, way below its 52-week high of $304.67 and way higher than its 52-week low of $137.10.
Facebook’s Moving Average
Facebook’s value is under its 50-day moving average of $274.97 and below its 200-day moving average of $264.88.
Previous days news about Facebook
Trump's Facebook ban is just 'a band-aid on a bullet wound,' critics say – but no one can agree on the best way to wipe out the disinformation contagion. According to Business Insider on Friday, 8 January, "Warner said of Facebook and Twitter’s actions, "Their 11th hour move to take down Trump’s Twitter or Facebook page is way too little, too late.", "Twitter and Facebook have put special flags and disclaimers on posts that include disinformation about the election, COVID-19, and other topics, including many from the president – whom the platforms suspended Wednesday. "
Facebook, twitter, google face calls to ban trump from accounts. According to Bloomberg Quint on Friday, 8 January, "A Facebook spokesperson pointed to the company’s statements condemning the violence from Wednesday, and added that the company has worked with civil rights groups to refine and tighten its content policies.", "In July, civil liberties advocate Laura Murphy, who was hired by Facebook to review discrimination on the platform, in a report lambasted the company for failing to apply its voter suppression rules to Trump’s inaccurate posts about mail-in ballots."
Facebook ban on trump is ‘holy inquisition,’ Mexico’s AMLO says. According to Bloomberg Quint on Friday, 8 January, "The move by Internet giants Facebook Inc. and Twitter Inc. to suspend President Donald Trump’s access to social media accounts is a "bad omen," according to Mexican President Andres Manuel Lopez Obrador.", "On Thursday, Facebook Chief Executive Officer Mark Zuckerberg said his firm would extend the ban on Trump’s posts "indefinitely," or for at least two weeks, until President-elect Joe Biden takes over."
Twitter and Facebook both banned trump from their platforms. here's why that doesn't violate the first amendment – or any other laws. According to Business Insider on Saturday, 9 January, "Twitter suspended Trump’s personal account, @realDonaldTrump, permanently, citing "the risk of further incitement of violence." Facebook and Instagram suspended Trump "indefinitely and for at least the next two weeks until the peaceful transition of power is complete.", "After months of escalating tensions between President Donald Trump and social media companies, Twitter and Facebook finally decided this week that the president had crossed a line too far."
Experts say Facebook and twitter were 'indirectly involved' in the US capitol siege since they gave president trump and his far-right supporters a place to congregate for years. According to Business Insider on Saturday, 9 January, "Since Wednesday, the tech giants have rolled out unprecedented changesto crack down on Trump’s misleading posts – Facebook and Amazon-owned Twitch have banned him until at least the Inauguration, and Twitter permanently suspended Trump’s account late Friday.", "A group of pro-Trump extremists stormed the US Capitol on Wednesday, and while some experts have told Insider platforms like Facebook and Twitter aren’t "directly implicit" in the violence that ensued, they’re not completely absolved of their role in it either."
Facebook pressed to retain digital evidence from capitol riot. According to Bloomberg Quint on Saturday, 9 January, "U.S. Senator Mark Warner, a Democrat from Virginia, wrote to Facebook Inc. Chief Executive Officer Mark Zuckerberg and asked him to "undertake reasonable measures" to retain any content linked to the attacks that may be needed for future legal action.", "Warner, the incoming chairman of the Senate Intelligence Committee, earlier described Twitter Inc.’s decision to ban President Donald Trump as "an overdue step." Facebook has already blocked Trump on its platforms at least until the end of his term."
The 21 books on big tech to watch out for in 2021, busting the scandalous inside stories and wild rise of giants like Facebook, spacex, and spotify wide open. According to Business Insider on Sunday, 10 January, "Highlights include "An Ugly Truth", the latest deep dive into Facebook from New York Times reporters Sheera Frenkel and Cecilia Kang, which reveals how Facebook tried to deny its role in the spread of disinformation worldwide, and "Driven", the new book from Insider’s very own Alex Davies, which charts Big Tech’s battle to develop autonomous vehicles."
Elon Musk made a jab at Facebook, linking the rampage at the capitol to the social network. it's the latest insult in a years-long feud between musk and mark zuckerberg.. According to Business Insider on Sunday, 10 January, "And when Facebook became embroiled in the Cambridge Analytica scandal, Musk publicly deleted his companies’ Facebook pages, tweeting that the company gives him "the willies.", "Duringa Facebook Live broadcast, a viewer asked Zuckerberg for his thoughts on Musk’s anxieties around AI."