Jordan Rohan, Stifel Nicolaus, says Facebook has a lot of core growths and attractiveness, making it likely the social media site will eventually be added to the S&P 500.» Read More
Dan Rosensweig, Chegg CEO, discusses his attempts to buy Facebook long before it went public and the headwinds facing the company.
The "Squawk on the Street" team discusses the latest action in Facebook, Bristol-Myers and Eli Lilly.
U.S. stock futures were dragged lower Wednesday, with the euro trading near 23-month lows against the dollar, as worries over the euro zone crisis intensified.
The Squawk on the Street news team reports on Apple's Tim Cook's interest in television; Research in Motion sinking to new lows; Facebook's continued slide since going public; and the EU commission calling for a euro zone banking union.
Brian Wieser, Pivotal Research Group analyst, says he's not surprised at the sharp drop in Facebook shares since its IPO but remains optimistic on the company over the long term and has a price target of $30 on the stock.
Take a look at some of Wednesday’s morning movers:
Walter Price, RCM Allianz Global Investors, discusses where investors can find money-making investment opportunities in tech companies.
CNBC's Jon Fortt reports the latest details from the "All Things Digital Conference", including speculation on Apple's unveiling a revolutionary iTV. Also, Lawrence Bossidy, former Honeywell chairman & CEO, discusses the difference between the leadership styles of Apple's CEO, Tim Cook and Steve Jobs, and his investment in Facebook and the outlook on the social networking company.
"Right now we are seeing a market responding emotionally, both on the upside and the downside," says Carly Fiorina, former Hewlett-Packard CEO, discussing the implications of Facebook shares falling below $30 and Research in Motion's first quarter warning.
Shares of the social networking company were down 9 percent on Tuesday and are off about 25 percent from its IPO price of $38, reports CNBC's Kelly Evans, with a look at the U.S. markets ahead of the open.
European shares are called to open lower Wednesday as Spanish banking worries drag on investor sentiment.
Can technology might reduce urban blight? Business and civic leaders in Detroit certainly hope so.
Blackberry maker Research In Motion warns of a bleak first quarter, Facebook gets word its Instagram deal may face extended review and Groupon and Salesforce.com make acquisitions, the Rockefellers and Rothchilds unite.
“Too much ails RIM,” says Fast Money trader Joe Terranova. And despite reports that RIM hired JPMorgan and RBC to review strategic alternatives, Terranova says stay away.
Stocks rallied more than 1 percent across the board Tuesday to close near session highs, but the euro remained near its lowest level against the dollar since July 2010 amid renewed jitters over Spain.
Check out which companies are making headlines after the bell Tuesday:
Facebook fails to drum up support for its stock, even though there's talk of a Facebook-branded smartphone and a possible acquisition of mobile tech group Opera, with Max Wolff, GreenCrest Capital, and Rick Summer, Morningstar.
Facebook's volatile IPO was the result of no one knowing how to value the social network's 900 million users, according to a recent report by the Wharton Business School at the University of Pennsylvania.
Jon Najarian, OptionMonster.com, discusses what the market is saying about Facebook's fate.
Take a look at some of Tuesday's midday movers: