Passive investors! 142 different #ETFs have #Facebook $FB within their top 15 holdings…. FANG stocks are becoming increasing risky to own for the long-term

#Facebook just lost the equivalent of: The entire #Bitcoin market cap 🥇 Almost the entire NYS 2018 budget (168B) 🗽 More than the entire market cap of #Nike (126B)👟 More than the entire #GDP of Puerto Rico 🇵🇷 (129B) h/t @OccupyWisdom …

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Announcing The 2nd FAANG To Stumble: Facebook

by Adam Taggart While handily beating earnings, Facebook just announced revenue and user numbers lower than Wall Street hoped for on its Q2 2018 earnings call this afternoon. After trading up to a record high earlier today before the call, Facebook …

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Is Facebook Worth Its Current Price?

by John Coumarianos All assets are worth the present value of their future cash flows. Even if you haven’t been to business school and heard this financial theory, you probably have some intuitive sense that if you buy a piece …

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Facebook Investors Want Zuckerberg Out

According to a recent report from Business Insider, that discussion amongst board members may have taken place. Scott Stringer, New York City’s comptroller, who is responsible for overseeing the investment of approximately $895 million worth of Facebook shares through city …

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Apple locking out Facebook

Apple has reported they they will start blocking Facebook’s web-tracking tools. Last time I check about 25% of cellphones and presumably Facebook users use an iPhone. With Google being in competition with Facebook and Apple, it doesn’t seem that far …

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Facebook has given at least 4 Chinese companies access to user data. One has been flagged by U.S. intelligence as a security threat

https://twitter.com/Breaking911/status/1004140545944489985?s=20 Facebook gave special access to communist Chinese government that allowed them to “retrieve detailed information on both device users and all of their friends — including work and education history, relationship status and likes.” Facebook has data-sharing partnerships with at …

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Yet another reason to delete Facebook

From ZeroHedge: Facebook has been giving user data to at least 60 major device manufacturers over the last decade – including Apple, Amazon, BlackBerry, Microsoft and Samsung – as part of a data-sharing partnership program which allowed the companies to integrate …

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