In the wake of Facebook Inc (NASDAQ FB)’s earnings report this week, analysts from multiple firms have increased their price targets and estimates. Two of the firms that raised their numbers are FBN and Baird. As always, mobile advertising and engagement rates are hot topics of conversation around the second quarter earnings results. Shares of…
In an exciting development on the Stock Market, Facebook Inc (NASDAQ FB) stock soared to a record high after the company said its profits more than doubled and revenues surged 61% during the latest quarter. Facebook’s revenues crushed the consensus estimates for the ninth straight quarter. Shares of Facebook Inc (NASDAQ FB) jumped 5.62% to…
Owing to strong advertising gains, Facebook Inc (NASDAQ FB) has posted earnings per share of $0.42 on revenue of $2.91 billion excluding one-time items. After an initial decline following the results, Facebook Inc (NASDAQ FB) is presently trading at $74.07 up $2.78 or 3.91% in extended trading. Prior to the earnings call the company was…
Facebook Inc (NASDAQ FB) has increased its market dominance as measured by logins, with 55% of all social logins and 64% of mobile logins for 2Q14, well ahead of second place Google+ which had 27% and 25% respectively. Facebook also has more than 80% of social logins in many emerging markets including the Middle East…
Facebook Inc (NASDAQ FB) introduced a new feature called “Save,” which allows users to mark contents and get back to it at a later time. According to Facebook contents on the Saved List are organized by category and users will be able to archive or share it on their page. With the Save feature, users…
Recently, Facebook Inc (NASDAQ FB) launched a new app for celebrities and public figures for the iOS platform, which will speed up their interaction with the fans. Through the app named Facebook Mentions, users can read the dedicated mentions feed and start mobile Q&As. On the top of their personal pages, the users will see…
