4 ms·

Facebook officially loses $123B in value

39 points by parvenu74 8y ago

Eridrus 8y ago
So I looked for the FB stock price and found this gem of an article: https://www.zacks.com/stock/news/312831/should-you-buy-facebook-fb-stock-ahead-of-q2-earnings https://www.zacks.com/stock/news/312831/should-you-buy-faceb... > Based on Facebook’s continued importance to advertisers, its growing user figures across its many platforms, its solid valuation picture, and strong earnings trends, Facebook looks like it might be a stock worth buying before it reports its Q2 financial results after market close on Wednesday, July 25.
- Quarrelsome 8y ago
  I wonder if those sort of articles are paid for by shorters.
- Brockenstein 8y ago
  Oops. But now it's on sale, 25% off! So now, Facebook looks like it might be a stock worth buying after it has reported Q2 financial results after market close on Wednesday, July 25.
- techscruggs 8y ago
  Stock analysts should have to share what percentage of their portfolio is in any company they write about.
Finnucane 8y ago
I guess this means there'll have to be some belt-tightening in the Zuckerberg household.
- alexkavon 8y ago
  Halt the construction of that wall!
Mc_Big_G 8y ago
$506.2B to go.
394549 8y ago
> There are barely more people checking Facebook every day compared to previous quarter. Even worse, Facebook’s user base shrank in Europe. Facebook is still growing, but it’s clear that GDPR combined with a saturated market aren’t helping the company. Facebook is running some desperate ads to try to compensate for this. Literally: "Join Facebook, it's FREE! 2 billion people already have!"
- sparkling 8y ago
  Facebook, Inc. - the company behind the stock - is more than just Facebook.com. They also run Instagram, which is doing great and WhatsApp which still has huge potential as wel
  - 394549 8y ago
    Facebook, Inc. - the company behind the stock - is more than just Facebook.com. They also run Instagram, which is doing great and WhatsApp which still has huge potential as wel [sic] What are you getting at? Facebook, Inc. itself is obviously worried about Facebook.com fading, and is not content to rely on Instagram and WhatsApp for its future. If it was, it'd rebrand itself as Instagram, Inc. and maybe sell off Facebook.com to a private equity fund for disposal. These ads confirm its anxiety.
- lbotos 8y ago
  The NYC subway ones are straight dystopian: https://media.wired.com/photos/5ae2367a7e275409d957991e/master/w_2264,c_limit/FacebookAds.jpg https://media.wired.com/photos/5ae2367a7e275409d957991e/mast...
  - insickness 8y ago
    War is peace. Freedom is slavery. Ignorance is strength.
Alex3917 8y ago
It doesn't really make any sense that FB stock should be dropping that much based on slower user growth and revenue. The main risks to social networks have to do with network topology. If the network starts getting hollowed out then the mathematics show that social networks can implode even faster than they can grow. But user growth isn't a good predictor of that, growth can be flat and then just start accelerating again; this already happened with FB before around ten years ago.
- Brockenstein 8y ago
  >It doesn't really make any sense that FB stock should be dropping that much based on slower user growth and revenue. Yes, investors and stock holders are typically the most rational people who never panic. It also doesn't make sense to hold on to stock if you think this is the beginning of a long, slow decline.
alanlovestea 8y ago
There is a less well known news coming out recently. Due to a legal case in Washington state, Facebook agrees to not to prevent customers to receive AD based on ethnicity, religion or sexual orientation. This is mostly making targeting ad illegal and hurt the fundamental revenue model of FB. https://www.bloomberg.com/news/articles/2018-07-24/facebook-agrees-to-change-ad-platform-to-prevent-discrimination https://www.bloomberg.com/news/articles/2018-07-24/facebook-...

39 points by parvenu74 8y ago

So I looked for the FB stock price and found this gem of an article: https://www.zacks.com/stock/news/312831/should-you-buy-facebook-fb-stock-ahead-of-q2-earnings https://www.zacks.com/stock/news/312831/should-you-buy-faceb... > Based on Facebook’s continued importance to advertisers, its growing user figures across its many platforms, its solid valuation picture, and strong earnings trends, Facebook looks like it might be a stock worth buying before it reports its Q2 financial results after market close on Wednesday, July 25.

Quarrelsome 8y ago
I wonder if those sort of articles are paid for by shorters.
Brockenstein 8y ago
Oops. But now it's on sale, 25% off! So now, Facebook looks like it might be a stock worth buying after it has reported Q2 financial results after market close on Wednesday, July 25.
techscruggs 8y ago
Stock analysts should have to share what percentage of their portfolio is in any company they write about.

Finnucane 8y ago

I guess this means there'll have to be some belt-tightening in the Zuckerberg household.

alexkavon 8y ago
Halt the construction of that wall!

Mc_Big_G 8y ago

$506.2B to go.

394549 8y ago

> There are barely more people checking Facebook every day compared to previous quarter. Even worse, Facebook’s user base shrank in Europe. Facebook is still growing, but it’s clear that GDPR combined with a saturated market aren’t helping the company. Facebook is running some desperate ads to try to compensate for this. Literally: "Join Facebook, it's FREE! 2 billion people already have!"

sparkling 8y ago
Facebook, Inc. - the company behind the stock - is more than just Facebook.com. They also run Instagram, which is doing great and WhatsApp which still has huge potential as wel
- 394549 8y ago
  Facebook, Inc. - the company behind the stock - is more than just Facebook.com. They also run Instagram, which is doing great and WhatsApp which still has huge potential as wel [sic] What are you getting at? Facebook, Inc. itself is obviously worried about Facebook.com fading, and is not content to rely on Instagram and WhatsApp for its future. If it was, it'd rebrand itself as Instagram, Inc. and maybe sell off Facebook.com to a private equity fund for disposal. These ads confirm its anxiety.
lbotos 8y ago
The NYC subway ones are straight dystopian: https://media.wired.com/photos/5ae2367a7e275409d957991e/master/w_2264,c_limit/FacebookAds.jpg https://media.wired.com/photos/5ae2367a7e275409d957991e/mast...
- insickness 8y ago
  War is peace. Freedom is slavery. Ignorance is strength.

Alex3917 8y ago

It doesn't really make any sense that FB stock should be dropping that much based on slower user growth and revenue. The main risks to social networks have to do with network topology. If the network starts getting hollowed out then the mathematics show that social networks can implode even faster than they can grow. But user growth isn't a good predictor of that, growth can be flat and then just start accelerating again; this already happened with FB before around ten years ago.

Brockenstein 8y ago
>It doesn't really make any sense that FB stock should be dropping that much based on slower user growth and revenue. Yes, investors and stock holders are typically the most rational people who never panic. It also doesn't make sense to hold on to stock if you think this is the beginning of a long, slow decline.

alanlovestea 8y ago

There is a less well known news coming out recently. Due to a legal case in Washington state, Facebook agrees to not to prevent customers to receive AD based on ethnicity, religion or sexual orientation. This is mostly making targeting ad illegal and hurt the fundamental revenue model of FB. https://www.bloomberg.com/news/articles/2018-07-24/facebook-agrees-to-change-ad-platform-to-prevent-discrimination https://www.bloomberg.com/news/articles/2018-07-24/facebook-...