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Facebook beats Q2 estimates with 11% growth in revenue despite coronavirus

Ad sales, which contribute nearly all of Facebook's revenue, rose 10% to $18.3 billion in the Q2 as people under lockdown spent more time online

Facebook beats Q2 estimates with 11% growth in revenue despite coronavirus
Updated On : 31 Jul 2020 | 9:19 AM IST

Facebook shares rise 3.1%, give Zuckerberg time to pursue new initiatives

Earlier this year, the company said revenue growth rates would decline in the third and fourth quarters, sending shares plummeting

Facebook shares rise 3.1%, give Zuckerberg time to pursue new initiatives
Updated On : 31 Oct 2018 | 10:26 AM IST

Zuckerberg faces new risks as scandal-hit Facebook nears a saturation point

Scandals have damaged the company, but the most pressing problem is that there aren't that many people left to convert- they're all already on Facebook

Zuckerberg faces new risks as scandal-hit Facebook nears a saturation point
Updated On : 27 Jul 2018 | 9:41 AM IST

Facebook's biggest one-day stock wipe-out leaves Zuckerberg $15 bn poorer

Of 47 analysts covering Facebook, 43 still rate the stock as "buy", two rate it "hold" and only two rate it "sell"

Facebook's biggest one-day stock wipe-out leaves Zuckerberg $15 bn poorer
Updated On : 27 Jul 2018 | 6:57 AM IST

Facebook suffers biggest one-day drop ever, puts Amazon investors on guard

Amazon shares fell nearly 3 percent to $1,811.66, while shares of Netflix, Alphabet and Apple were flat

Facebook suffers biggest one-day drop ever, puts Amazon investors on guard
Updated On : 26 Jul 2018 | 11:41 PM IST

Facebook gets first downgrade since January, shares fall as much as 1.7%

the cost of protecting against declines in Facebook shares are at the lowest level since February, before the Cambridge Analytica scandal roiled the stock in March

Facebook gets first downgrade since January, shares fall as much as 1.7%
Updated On : 19 Apr 2018 | 2:25 AM IST

Facebook shares rise 4.2% as Mark Zuckerberg soothes investors

The company's shares have sunk 16 percent, wiping more than $80 billion from its market value since March 16

Facebook shares rise 4.2% as Mark Zuckerberg soothes investors
Updated On : 05 Apr 2018 | 9:26 PM IST

Wall St slides as Facebook data issue pounds tech sector; Nasdaq down 1.6%

Amazon, Apple, Netflix and Alphabet - all part of the so-called FAANG group, along with Facebook - were down between 1 percent and 6.3 percent

Wall St slides as Facebook data issue pounds tech sector; Nasdaq down 1.6%
Updated On : 19 Mar 2018 | 9:48 PM IST

Zuckerberg sells $500-mn FB stock in Feb to fund philanthropic vehicle

Zuckerberg said in September he would sell 35 million to 75 million shares of Facebook over the next 18 months

Zuckerberg sells $500-mn FB stock in Feb to fund philanthropic vehicle
Updated On : 01 Mar 2018 | 10:23 PM IST

Facebook CEO Zuckerberg wants to sell up to 75 mn shares for other projects

Wants to address challenges like curing all diseases in their children's lifetime and personalising education for every student

Facebook CEO Zuckerberg wants to sell up to 75 mn shares for other projects
Updated On : 24 Sep 2017 | 2:42 PM IST

Facebook shares may reach $200 in a year: Barron's

Facebook shares closed at $172.45 on Friday, up nearly 50 per cent this year

Facebook shares may reach $200 in a year: Barron's
Updated On : 31 Jul 2017 | 10:54 AM IST