FB News and Press, Facebook Inc. From 01/16/21

The Big 6 megacap stocks fell this past week, a big contributor to weekly declines of the S&P (SP500) (SPY) and Nasdaq (COMP) (QQQ).Tesla was the biggest decliner, off 6.12%, with most of the damage coming in a plunge of nearly 8% on Monday from a record high around $880. Facebook fo...

As reported earlier, Facebook (FB) is delaying a controversial update to WhatsApp's privacy policy after it was greeted with massive user backlash, resulting in millions of users migrating to Signal and Telegram.Facebook has tried to present the cause of the massive user backlash as confusion...

Privacy-focused messaging app Telegram continues its torrid streak of user growth. On Tuesday, founder Pavel Durov announced the service had grown to more than 500 million active users. That's an impressive total, but the acceleration in its growth has been particularly noteworthy: In the 7...

Facebook has done what no competitor could have in order to undermine its dominant position. The anti-trust suits may have merit and they will likely have serious consequences - but that is not the reason to divest. I still believe that Facebook will easily eclipse the $1 Trillion...

Stocks sold off at the end of the week and were on track for their first three-day losing streak since October. Banks kicked off earnings season with mixed results and the Financial Select Sector SPDR ETF slid 1.3% Friday. The yield on 10-year Treasuries rallied past 1.1% ahead of President-e...

WhatsApp (FB +2.4%) is delaying a controversial update to its privacy policy after users were confused (and many flocked to download rival apps). Users were recently asked to accept policy changes by Feb. 8 or lose access to WhatsApp; the new policy would allow WhatsApp to share data with its...

Market participants have been watching the state of the economy closely, especially as a leadership transition in Washington is underway. Markets reacted Friday morning to the release of President-elect Joe Biden's stimulus plan, which includes increased aid to Americans as well as several ...

Here's part of my quarterly investment update. What a year to navigate the stock markets. 2021 is going to have its own surprises in store for us. I've been continuing to build up some small shorts and/or buying some puts in many small-cap stocks that I think look questionable and...

We explore how VR is the medium that will enable video games to surpass film as the pinnacle of visual arts. We expand on this insight with thematic trade ideas. Cyberpunk 2077 is gaming's Gone with the Wind moment. This wildly ambitious project marks the maturation of video games (fo...

BlackBerry (BB +22.6%) and Facebook (FB +2.1%) are in the process of a global settlement of their disputes, according to media reports. A court filing discloses that the two companies are in advanced talks: "The parties are in the process of implementing a global settlement agreement that wil...