The "FMHR" traders and Rob Sechan, UBS, discuss BTIG's downgrade call on Facebook and whether investors should be in the social media giant's stock. » Read More
The Facebook CEO is selling 41.4 million shares of Facebook worth around $2.3 billion. The company said "most" of the net proceeds will go to pay taxes.
The Fed finally pulled the trigger on tapering and the market, predictably, shot higher. Was that it? Trader Kenny Polcari offers his stock-market outlook.
Some of Thursday's midday movers.
The deal between William Morris Endeavor and IMG shows the shift away from the slower-growing traditional movie business, once Hollywood agencies' bread and butter.
Jon Steinberg, BuzzFeed president and COO, discusses Mark Zuckerberg's decision to sell more than $41 million shares of stock totaling about $2.3 billion. Steinberg also talks about where the money will go and why the company even needs to issue shares.
This is a very good deal for investors, says Youssef Squali, Cantor Fitzgerald, sharing his thoughts on the social media company's secondary offering of 70 million shares, most of which are being sold by CEO Mark Zuckerberg.
With the budget and the taper set, the issue is how much of a traditional "Santa Claus rally" markets can expect.
Companies are making headlines before the bell Thursday.
As Twitter builds out its business it must be careful to not change too much too fast, industry experts say.
Mark Zuckerberg and dozens of banks must face a lawsuit accusing Facebook of misleading investors about its health before its $16 billion IPO.
Jokes are circulating about how work will only be possible during three months in Brazil next year due to the soccer World Cup and other holidays.
Social media site Whisper.sh has exploded in the 18 months since its inception, now boasting three billion page views a month.
Singer Beyoncé’s latest album was launched on iTunes with zero fanfare, prompting debate about whether social media can replace traditional marketing.
Facebook is up 2 percent today on news the social media site is testing video advertising. Larry Fishelson, Dynalink CEO, and Ross Gerber, Gerber Kawasaki CEO, discuss. Fishelson says this is going to add $1 billion in revenue to the company.
Stocks closed near unchanged on Tuesday as investors wait to hear whether the Fed will start tapering this year.
Tuesday's midday movers:
Brian Nowak, Susquehanna senior analyst, breaks down Facebook's new video advertising model and discusses how it compares to Google's online display player.
Twitter's high valuation just doesn't make sense, some analysts say.
The "Squawk on the Street" news team discuss Facebook's move into video advertising and Susquehanna's upgrade of the stock from neural to positive.
Companies making headlines before the bell Tuesday.