The previous bearish DCC has got its final confirmation and price closed below the pattern's close price which triggered the sell signal
Facebook Ad Revenue Has Finally Overtaken Traditional Media Facebook has become most Americans’ main source for news, and it now brings in more U.S. ad revenue than the country’s biggest media companies, according to an analysis from The Information. The tech news site analyzed the company’s SEC filings and determined that Facebook made $9.1 billion in U.S. advertising revenue over the first three quarters of 2016. While that pales in comparison to Google’s $21.5 billion, for the first time, Facebook reeled in more ad dollars than Comcast, which owns NBCUniversal, and Disney, parent of ABC and ESPN. Full article here
It's crazy how big Facebook has grown. I remember when the only way to sign up for facebook was to get an invite using your college email address (ending in .edu)!
The weakness is persistence, and failed to participate yesterday's rally still $100 is more likely than recent all time high. Bears remain H
Facebook admits to miscalculating more of its advertising metrics http://www.businessinsider.com/face...re-live-video-metrics-for-advertisers-2016-12
Closing above the 200 Day. Stocks around here too long just become a mess that I don't care to deal with. However. Long above. Short Below is the only play if your playing.
Facebook Inc (FB) Stock Bulls Have to Make a Decision SOON http://investorplace.com/2016/12/fa...e-decision/?cc=serge&cp=referral#.WFFOyn2DAaY
Guys, is this big? Facebook Plans To Fund And Distribute Exclusive Original Video Programs Facebook has paid creators to share and live stream content on its video platform, and it has spent tens of millions of dollars per month advertising its live broadcasting capabilities. Now, the social media giant is taking the logical next step: It is planning to fund a selection of scripted and unscripted original programs. Full article
Could Facebook Inc Growth Slow More Than Anticipated? http://amigobulls.com/articles/fb-stock-could-facebook-inc-growth-slow-more-than-anticipated
Instagram just broke a record. 600m unique users are using the platform daily. Numbers are going up each month.
With 600M monthly users on the platform, a number of wall street analysts have recently upgraded Facebook stock citing the growing success and popularity of Instagram. SunTrust Robinson Humphrey analyst Rodney Hull yesterday reiterated a Buy rating on Facebook shares and a $142 price target. Rodney also highlighted 5 points with respect to Instagram, which investors should focus on.
Facebook Inc.'s (NSDQ:FB) stock price has been on a downward trend over the last 30 days. The sharp downward correction can be directly attributed to Facebook’s third quarter earnings where the management warned investors of slow growth. Facebook Chief Financial Officer David Wehner said ad growth would likely slow "meaningfully" due to limits on "ad load," or the number of ads that Facebook can put in front of customers without alienating them.
Instagram Is Worth More Than Twitter And Snapchat Combined Facebook's next golden chariot is Instagram. I take this stance, because WhatsApp and FB Messenger is still in the initial stages of monetization. And while there's a lot of potential to monetize both messenger services with various add-on-services, it's difficult to quantify the financial impact, or even arrive at a bankable projection on what the sales/earnings contribution from WhatsApp or FB Messenger could even look like. Full article
The failure to hold above $121.3 area was a clear signal temporary topping printed and weakness persisted. Downside pressure'll continue.
