Meta Platforms Stock News

An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. Kin Cheung, Associated Press President Joe Biden is expected to sign a new executive order on cryptocurrency that aims to start the process of regulating the digital currency, per Bloomberg. What’s happening: The new executive order — which has been in the works for months — will explain what government agencies, like the Treasury Department, should do next to develop policies and regulations against cryptocurrency coins and tokens, per The Associated Press. The order will also ask the State Department to make sure cryptocurrency laws sync up with crypto laws among U.S. allies. And it will ask the Financial Stability Oversight Council to study financial concerns of cryptocurrency, according to The Associated Press. Why it matters: Biden’s new order will be “an important step toward providing clarity for an industry that has already disrupted traditional banking and payment systems.

Reports of issues have been appearing from customers since shortly after 6pm today.

It''s unclear what is causing a big uptick in problems with popular platforms.

Piper Sandler cut its price target on the Meta Platforms Inc (NASDAQ: FB ), noting that its advertising headwinds are likely to continue for several months. Analyst Thomas Champion lowered his price target to $240 from $301, implying a 28% upside. Still, he reiterated Overweight , noting that Meta''s "dismal" first-quarter guidance resulted from several issues, including difficult pricing … Full story available on Benzinga.com

In an interview to mark International Women''s Day, Meta Platforms Chief Operating Officer Sheryl Sandberg said no two countries run by women would ever go to war.

Instagram has begun hiding followers and following lists in Ukraine and Russia. The app remains available in Russia even after Facebook was blocked.

Competition With Trump’s Truth Social Is Healthy For Gettr, Says CEO Miller Authored by Harry Lee and Paul Greaney via The Epoch Times (emphasis ours), Gettr CEO Jason Miller (R) in a March 2 interview with NTD Business. (NTD/Screenshot via The Epoch Times) CEO of social media site Gettr, Jason Miller, said the launch of former President Donald Trump’s Truth Social actually increased Gettr’s user amount significantly, and is both a competitor and a platform to cooperate with. Miller was the chief spokesman for Trump’s 2016 presidential campaign and a senior adviser to his 2020 reelection campaign. On July 4, 2021, he officially launched Gettr, a social network focused on free speech. “I think you need to realize that it’s not as though there’s one pot of social media users who will be on Facebook, Twitter, Instagram, and such, and then a different pot with a zero-sum game that’s all the challengers: Rumble, Gettr, Truth Social, that they’re all competing ,” Miller told NTD Business on March 2 . “Facebook has been in decline for a while now,” Miller added. “This last quarter was the first time they actually lost followers.

Can FB rally? Sure. If you throw anything down hard enough it will bounce….FB

The Supreme Court on Monday declined to hear a lawsuit against Facebook that was brought by an underage girl who was sex trafficked by a user through its platform. The justices declined to take up the girl’s case without comment. Identified as “Jane Doe” in court papers, the girl said …

Facebook now requires certain users to turn on Facebook Protect, its advanced security program designed to keep profiles safe from hackers. The users Facebook selects for the Facebook Protect program are those who have the potential to reach a large audience, such as journalists and government officials. Once Facebook makes someone eligible to turn on…

Meta Platforms (FB), the owner of Facebook, Whatsapp and Instagram, has risen 1.5% to $190 on Tuesday after Monday''s dismal performance. FB stock clos

Meta Platforms (FB), the owner of Facebook, Whatsapp and Instagram, has risen 1.5% to $190 on Tuesday after Monday''s dismal performance. FB stock clos

Meta Platforms dips as Piper cuts price target, reiterates overweight ratingMeta Platforms (FB) shares dipped on Tuesday after investment firm Piper Sandler cut its price target,…

Futures Rebound On "Massive" EU Bond Stimulus Plan; Nickel Halted After Record Surge, Gold Over $2000 Futures rebounded from yesterday huge loss, and after touching a session low of 4,138, S&P futures bounced shortly after the European when Bloomberg reported that the European Union was set to reveal a quasi "Marshall Plan" this week to issue issue "potentially massive” joint bonds to fund energy and defense and help counter the fiscal fallout from Russia’s invasion of Ukraine (how Europe will do that at a time when QE is ending and buyers for global debt are shrinking fast amid surging rates remains unclear). S&P 500 futures gained 0.7% following the benchmark index’s biggest loss since October 2020, while Dow futures rose 0.6%. Contracts on the Nasdaq 100 were up 0.6% at 7:15 a.m. Bonds and the dollar dropped, and the euro strengthened. The commodity melt up continued: nickel was halted on the LME after soaring 250%, oil traded just shy of $130 and gold was above $2000. The EU''s bond-sale proposal may be presented as soon as next week, according to Bloomberg.

LIZ Truss has added another glorious chapter to her storied career as Foreign Secretary after seemingly confusing her Greek counterpart for a pop star.