Trading Ideas

NEW YORK/SAN FRANCISCO (Reuters) – A plunge in Facebook Inc shares rattled the Amazon.com Inc options market on Thursday, with the social network’s fellow FAANG company due to report quarterly results later in the day. Facebook on Wednesday warned about a margin hit as revenue growth slows and user privacy costs climb, and its 20 percent share drop heightened focus on the online retailer, already a closely watched stock. Amazon was the second-biggest decliner in the so-called FAANG group of high-flying tech companies, but Facebook’s second-quarter earnings also cast a pall on shares of Apple Inc, Netflix Inc …read more […]

Ryan McQueeney recaps the latest earnings results from Facebook (FB), AMD (AMD), and McDonald’s (MCD)–all of which are moving markets on Thursday. Later, he dives into key estimates for earnings, revenue, cloud services, and physical store sales ahead of Amazon’s (AMZN) earnings announcement. …read more […]

It looks like Donald Trump’s tweets are getting him into trouble yet again. …read more […]

Facebook, AMD, and Gilead are the charts of the day …read more […]

It all comes down to who has the widest moat. And on that front, I don’t think it’s much of a contest. …read more […]

Shares of Nvidia (NVDA) gained more than 0.5% through early morning trading hours Thursday, avoiding a sector-wide tech selloff spurred by Facebook (FB) and moving higher on the back of solid earnings from rival AMD (AMD). …read more […]

At least 16 brokerages cut their price targets on Facebook after executives said the cost of improving privacy safeguards, as well as slowing usage in the biggest advertising markets, would hit the company’s profit margins for more than two years. Facebook shares were down 20.4 percent at $173.20 in premarket trading, a decline that would wipe about $128 billion off the company’s value – or nearly four times the entire market capitalization of Twitter Inc. …read more […]

The president’s latest Twitter target is Twitter itself. This morning, Trump …read more […]

In what could be the biggest one-day drop of all time, Facebook shares opened …read more […]

Facebook reported disappointing second-quarter earnings — the first full quarter since the Cambridge Analytica scandal. …read more […]

Here’s a wrap of the top analyst opinions on Facebook’s earnings results. …read more […]

Facebook saw a decline in monthly active users for the first time in its history. It’s a big deal because the decline was in Europe, which has just introduced the strict new GDPR privacy regulation. It shows that regulation is capable of curtailing Facebook’s massive growth and capping its revenue. …read more […]

Celgene Corp topped Wall Street estimates for quarterly profit on Thursday, helped by higher demand for its blockbuster cancer drug Revlimid, and the U.S. drugmaker raised its full-year earnings forecast. … …read more […]

In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade war. After a meeting at the White House, Trump and European Commission President Jean-Claude Juncker said the talks would also seek to “resolve” U.S. tariffs on steel and aluminum and Europe’s retaliatory duties – marking a step back from Trump’s signature import protections for American metals producers. …read more […]

A 20 percent plunge in Facebook Inc.’s shares after the close of normal U.S. trading hours Wednesday, has led to target price cuts from analysts at Morgan Stanley and RBC Capital Markets. “Facebook has shown an ability to innovate and execute through previous challenges,” Morgan Stanley analyst Brian Nowak wrote in a note on Thursday. …read more […]