Posted on 07/25/2018 3:01:20 PM PDT by 11th_VA
Facebook missed projections on revenue and global daily active users this quarter after struggling with data leaks and fake news scandals. The company reported its second-quarter earnings after the bell on Wednesday. Shares were down as much as 20 percent. At the current after hours prices and given its market cap at the close Wednesday, Facebook is poised to lose more than $123 billion in market value. Earnings per share: $1.74 vs. $1.72 per a Thomson Reuters consensus estimate Revenue: $13.23 billion vs. $13.36 billion per a Thomson Reuters consensus estimate
(Excerpt) Read more at cnbc.com ...
Texting is a true gift. Many of our younger adult relatives who are in middle or upper management, don’t have time for phone calls. College kids during school time will respond to short texts to keep in contact with us.
We use texting to communicate with this group and immediate family members.
I have two email lists. One is for relatives/friends, who are conservative. The other is for friends and relatives who are not into texting.
BUMP
From 20 minutes ago...
“Facebook’s $100 billion-plus rout is the biggest loss in stock market history”
This came Fox at 3:10 pm EDT:
Zuck loses $16B in 5 minutes, key shareholder calls for his head as Facebook shares crater!
The tech titan’s net worth has fallen after weaker-than-expected second-quarter results, and issued guidance that its financial future isn’t as rosy as some thought.
[Maybe it will be a.passing fad???]
I certainly hope so.
Wow revenue is short by just over 1% and the price drops 24%. Talk about some stupid emotional trading. It’s still a $52 billion dollar company folks. Buy, don’t sell.
I created an account because I live in Kentucky and all my family is all over the country. It was a way to stay in touch with everyone. However its outlived its usefulness. I was just talking to my wife last week about abandoning the account or closing it. I really dont use it anymore.
______________
so how do you folks keep in touch now?
facebook made every business a page to claim.
No one uses it. I made mine up and there it sits and I don’t care. I have other venues that are more lucrative.
One of my daughters moved here. :)
We call. We use face time or Google hangouts to video phone. We text, etc.
And as everyone ages (all of our children are over 30) and the physical closeness is not as critical as it was, it’s not as important to share pictures and stuff. When it is important, we email them or send them in a text
The SEC should be advised that FACEBOOK apparently mislead investors.
CONTACT enforcement @SEC.gov
<><> Investors need to be talking with their lawyers-----their Facebook Annual Reports in-hand.
The SEC prosecutes when publicly-held companies misrepresent their status to investors.
REFERENCE A couple of newspapermen were jailed b/c they
cooked the books WRT readership to charge more for ads.
CONTACT The Ad Council:
New York Office
The Advertising Council
815 Second Avenue, 9th Floor
New York, NY 10017
Phone: (212) 922-1500
EMAIL the "Contact Us" Form at web site
Washington DC Office
The Advertising Council
1707 L Street, NW, Suite 600
Washington DC, 20036
Phone: (202) 331-9153
Email the "Contact Us" Form at web site
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.