Scammers took to messaging app WhatsApp to convince users to buy shares of over-the-counter stock Avra, according to FINRA.» Read More
U.S. stock index futures pointed to a lower Wall Street open on Thursday, ahead of a busy day for both quarterly earnings and economic data.
Happy Thursday. Today at the Morning Six-Pack we're going to eschew all the silly WhatsApp jokes and get straight to the news.
Mark Mahaney, RBC Capital Markets, shares his thoughts on Facebook's $16 billion deal to acquire the messaging startup and what it signals about the company's future focus. What Facebook has done is essentially doubled its utility value, Mahaney says.
More than just the founders of WhatsApp win big in the $16 billion deal with Facebook.
Some of the names on the move ahead of the open.
Asian equities were mostly lower on Thursday after preliminary data showed that Chinese manufacturing activity slowed to a 7-month low in February.
This really gives Facebook a tremendous share of time spent on mobile devices, says Rich Greenfield, BTIG analyst, sharing his thoughts on whether Facebook's $16 billion bet will pay off.
Facebook's CEO Mark Zuckerberg says the deal is about connecting more people, reports CNBC's Julia Boorstin, with the latest details of the $16 billion acquisition.
Facebook's staggering $16 billion acquisition of WhatsApp has stunned some industry watchers who see the move as a sign of sheer "desperation."
Bob Peck, SunTrust Robinson Humphrey analyst, discusses Facebook's acquisition of messaging startup WhatsApp. The price they're paying is about $42 dollars per user, it's not a bad deal, says Peck.
Facebook's staggering $16 billion acquisition of WhatsApp is a sign of sheer "desperation", according to one industry watcher, who argues that the social networking giant has overpaid for the mobile-messaging start-up. Do you agree? Vote in our poll.
Robert Pavlik, Chief Market Strategist at Banyan Partners, explains how Facebook will eventually benefit from purchasing mobile messaging firm WhatsApp.
Calling the deal "massively overpaid", Rob Enderle, President & Principal Analyst, Enderle Group, says Facebook's purchase of mobile messaging firm WhatsApp is a sign of desperation to retain users.
Dan Greenhaus, Chief Global Strategist at BTIG, discusses Facebook's decision to buy mobile messaging company WhatsApp for 19 billion dollars.
Facebook has agreed to acquire WhatsApp in a deal of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares.
Stocks finished near session lows in volatile trading Wednesday, with the Nasdaq snapping an eight-day winning streak, as investors digested minutes from the Fed's latest policy meeting.
Check out which companies are making headlines after the bell Wednesday.
Breaking down Facebook's success and how advertising through Instagram is driving the social networking site's stock to new levels, with CNBC's Julia Boorstin and Mike Isaac, Re/code senior editor.
Take a look at some of Wednesday's midday movers:
Oprah is getting a lot of votes in the CNBC 25 poll seeking the most influential leaders of the past 25 years. Is she influential—or just popular?