Long-Term Bullish Options Activity Continues in Facebook (FB), Targeting 58% Upside in Shares Through January 2020 -Susquehanna

DOJ probing social media companies to determine if they hurt competition, intentionally stifle the free exchange of ideas - Reuters

DOJ probing social media companies to determine if they hurt competition, intentionally stifle the free exchange of ideas - Reuters

Related:

Facebook (NASDAQ: FB)
Alphabet (NASDAQ: GOOGL)
Snap (NYSE: SNAP)
Twitter (NYSE: TWTR)

Facebook (FB), Twitter (TWTR) shares on watch as hearing ends

Facebook (NASDAQ: FB), Twitter (NYSE: TWTR) shares on watch as hearing ends.

SI NOTE: Some will be looking if shares can stage a rebound.

Facebook, Twitter fall as they face U.S. Congress

(Reuters) - Shares of Facebook Inc and Twitter Inc fell on Wednesday as their top executives testified before the U.S. Congress, defending the companies against what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.

Facebook (NASDAQ: FB) fell 1.6 percent and Twitter (NYSE:... More

Trump, without evidence, accuses social media firms of election meddling: report

WASHINGTON (Reuters) - U.S. President Donald Trump accused social media companies of interfering with the upcoming congressional elections, without appearing to offer any evidence, in an interview published on Wednesday ahead of congressional testimonies from top social media executives.

Referring to companies such as Facebook Inc (NASDAQ: FB) and Twitter Inc(NYSE:... More

Nasdaq falls as U.S. lawmakers grill Facebook, Twitter executives

By April Joyner

NEW YORK (Reuters) - The Nasdaq fell more than 1 percent on Wednesday, dented by technology stocks after Facebook Inc (NASDAQ: FB) and Twitter Inc (NYSE: TWTR) executives defended their companies before skeptical U.S. lawmakers.

Adding to pressure on technology stocks, the Justice Department later said it would meet with state attorneys general to discuss worries that social media platforms were "intentionally stifling the free exchange of ideas." Facebook and Twitter were not specifically named.

Twitter shares dropped 6.1 percent. Facebook... More

BofA Sees Facebook (FB) Entering Shopping As Low Risk High Reward

BofA/Merrill Lynch analyst, Justin Post, reiterated his Buy rating on shares of Facebook (NASDAQ: FB) after The Verge reported that Facebook is testing a standalone Instagram shopping app called IG Shopping.

The analyst stated that the "introduction of a standalone... More

Justice Department probes whether social media is 'stifling' speech

By Patricia Zengerle

WASHINGTON (Reuters) - The U.S. Department of Justice and state attorneys general will meet this month to discuss concerns that social media platforms are "intentionally stifling the free exchange of ideas," the department said on Wednesday.

Its statement did not name Facebook Inc (NASDAQ: FB) and Twitter Inc (NYSE: TWTR), whose executives testified in Congress on Wednesday, but the firms have been harshly criticized by President Donald Trump and some of his fellow Republicans for what they see as an effort to repress conservative... More

Instagram building a standalone shopping app for users: The Verge

(Reuters) - Facebook Inc's (NASDAQ: FB) Instagram is working on building a new standalone shopping app, from which users can browse through goods and buy them directly, the Verge reported, citing two people familiar with the matter.

It was not clear... More

Instagram is building a standalone app for shopping - TheVerge (FB) (SHOP)

Facebook's (NASDAQ: FB) Instagram is building a standalone app for shopping - TheVerge (LINK)

Related Stocks

Shopify (NYSE: SHOP) (possible negative)

Germany seeks to curb internet giants' dominance

By Douglas Busvine

BERLIN (Reuters) - Germany, seeking to rein in internet giants like Google (NASDAQ: GOOGL) and Facebook (NASDAQ: FB), plans to bolster the powers of its competition watchdog to prevent such companies from becoming monopolies even before they achieve scale.

The initiative, announced on Tuesday, could include blocking big players from taking over smaller rivals and follows up on a pledge by Chancellor Angela Merkel's coalition to curb big U.S. internet companies which, in the eyes of many German lawmakers, have become too... More

Facebook (FB) Falls 3% on Downgrade

Facebook (NASDAQ: FB) is now down 3% following this morning's MoffettNathanson downgrade.

Facebook, Nike drag Wall Street lower; trade concerns linger

By April Joyner

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as trade concerns lingered and declines in Facebook and Nike shares weighed on Wall Street's major indexes, though data showing U.S. manufacturing activity accelerated in August kept losses in check.

Facebook Inc (NASDAQ: FB) shares fell 2.6 percent after brokerage MoffettNathanson downgraded the social media company, warning of revenue growth deceleration.

Shares of other technology companies, including Alphabet (NASDAQ: GOOGL), Microsoft Corp (NASDAQ: MSFT) and Twitter Inc... More

MoffettNathanson Downgrades Facebook (FB) to Neutral

(Updated - September 4, 2018 6:35 AM EDT)

(updated to add analyst comment)

MoffettNathanson analyst Michael Nathanson downgraded Facebook (NASDAQ: FB) from Buy to Neutral.

The analyst steps aside citing a believes that revenue growth deceleration combined with FB's LT margin guidance... More