Stock buyback
Facebook (FB) shares rose 1.7% in the post-market on Monday after the company reported Q3 earnings above analysts' forecasts and announced a $50bn buyback of its shares. However, Facebook's report reflected Snap's problems. Facebook is...
Interest in social media declines
Young people and teenagers are spending less time on Facebook, checking in later and creating posts less frequently, which could have a negative impact on the company's profits. This was reported by Bloomberg on Mon...
Schedule for the week
This week the stock markets will be awaiting a slew of reports from major US companies. Investors should pay attention to reports from Apple, Microsoft, Amazon, Google and Facebook as they will aff...
Shares fall
Snap (SNAP) shares fell 21% amid a report of Q3 2021 earnings below market analysts' forecasts. The company cited the stronger negative impact of Apple's privacy rule updates, as well as the impact on advertising of global...
PayPal could buy Pinterest
Shares of Pinterest (PINS) rose 12.8% on news of its potential acquisition by PayPal (PINS). Shares of PayPal fell nearly 5 percent Wednesday. Market analysts were divided on th...
New devices from Google
Google on Tuesday unveiled its new Pixel 6 and Pixel 6 Pro smartphones with proprietary Tensor chips and the recently released Android 12 operating system. The new d...
Charges of perjury
Five members of a US congressional committee have suspected Amazon executives, including Jeff Bezos, of giving false testimony at hearings in 2019 and 2020. The Wall Street Journal reported this on Mo...
New features
Shares in Pinterest (PINS) rose 2.5 per cent on the pre-market Thursday after the company announced it was adding new features to encourage shopping on its platform.
On Wednesday, Pinterest (PINS) announced the launch of its new market...
Share price rises after disruption
Shares in US company Facebook were up more than 2 per cent by the close of trading on the New York Stock Exchange on Tuesday.
According to data posted on the trading floor's website, the company's shares rose by $...
Stocks fall ahead of jobs report
US stock futures fell sharply on Wednesday morning as investors awaited the latest labour market assessment.
Dow Jones Industrial Average futures fell 350 points, or 1.02%, while S&P 500 and Nasdaq 100 futures f...
Stocks rise
US stock indices rose on Tuesday as the major averages are expected to stabilise at or near their lowest level in months. The Dow Jones Industrial Average rose 114 points, or 0.34 pe...
Losing money due to social networking problems
Facebook shares fell about 5 per cent on Monday due to a long shutdown affecting the social media giant, as well as Facebook-owned Instagram and Whatsapp.
Facebook's falling share price ...
Share price breaks all records
Netflix (NFLX) shares are at record highs as investors have received a number of positive signals from the streaming giant. The latest upbeat news makes up for some disappointment from slowing user growth in the second...
US stock indices fell sharply on Tuesday
After 10-year treasury bond yields rose to 1.54%, which hit tech growth stocks the hardest. Uncertainty around the raising of the US government debt limit and the risk of a lockdown is causing further worries...
TikTok active users
TikTok has officially surpassed 10 billion monthly active users worldwide.
The popularity of this short video app, owned by ByteDance, a Chinese business technology, has exploded since its launch in...
Instagram Kids project
Facebook announced on Monday that it would suspend the release of "Instagram Kids" following the release of the "Facebook Files" and closer scrutiny of the company's impact on its youngest users.
A recent Wall Street Journal ...
Monetising Twitter followers
Twitter (TWTR) shares rose 1.6 per cent on Wednesday after the company announced the test launch of its Super Follows paid tweets feature. The feature will allow you to earn money from your&...
Facebook Information Policy Commission
Facebook, which owns the social network of the same name, intends to form its own advisory commission to determine information policy during elections. This was reported by The New York Times on Wednesday.
Acc...
Asian news
SoftBank has managed to raise more than $6 billion by liquidating its shares in companies such as Facebook, Microsoft, Alphabet, Salesforce.com and Netflix and another $4 billion in partial sales of stakes in Uber Technologies&n...
Robinhood & Say Technologies
There's a lot of similarity between the stock market debut of Robinhood Markets (NASDAQ:HOOD) and the IPO of Facebook (NASDAQ:FB) over 9 years ago: both were met with a chill from investors, Robinhood shares started ...
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