Alibaba Group Holding Ltd (NYSE BABA) was off and running at the New York Stock Exchange, and investors wasted no time in diving in. Shares opened up at just under $93 a share, granting the Chinese online retailer a market value of $228.5 billion. On its very first trade on the New York Stock Exchange, Alibaba Group surpassed Facebook (NASDAQ FB) in market cap. Alibaba … Continue reading Stock in Focus: Facebook (NASDAQ FB) Gets Surpassed By Alibaba, On Alibaba’s first Day

Facebook Inc (NASDAQ FB) is expected to emerge as the greatest beneficiary of the ad dollars that are switching from the traditional media to online platforms while Twitter Inc (NYSE TWTR) should come in second, according to a September 16th report from Cantor Fitzerald analysts Youssef Squali, Naved Khan and Kip Paulson. The conclusion is based on an analysis of top U.S. social media platforms … Continue reading Facebook (NASDAQ FB) Stock News: Facebook Set To Benefit Most From Ad Dollar Shift

Facebook Inc (NASDAQ FB) showed a slight decline in share of overall internet time in August, but the social network is holding steady at a 20% share of mobile minutes. JPMorgan analysts also believe a pickup in brand ads and organic video in the third quarter may give Facebook’s results a boost. Facebook Inc (NASDAQ FB) may benefit from a pickup in brand advertising and … Continue reading Stock in News: Facebook (NASDAQ FB) To Benefit from Rise in Advertiser Demand Rise