During Thursday’s Morning trade, Shares of Facebook Inc (NASDAQ:FB), gained 1.93% to $95.89. The firm opened its current trade at $94.99, and as of now, it is trading at $95.89. The total volume traded for the day is 3.56M shares, as compared to its average daily volume of 28.16M shares. The stock is floating in a range of $94.90- $96.12. The stocks hold the market capitalization of $265.61B.
Facebook Inc (NASDAQ:FB) has hired Microsoft’s UK chief marketing officer Philippa Snare as its marketing director for business in Europe, the Middle East, and Africa. According to Business Insider
Europe is Facebook’s second-biggest region, in terms of revenue, after of the US.
Snare had been with Microsoft for almost 15 years. She joined in 2000 as a business development manager and worked up through the ranks, becoming the UK division’s chief marketing officer in 2011. Business Insider
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
On the other hand, Alphabet Inc (NASDAQ:GOOGL), inclined 1.13% to $687.47, during its current trading session.
GOOGL stock is now trading at $687.47, having a volume of 521,466.00 shares. The year-to-date (YTD) performance of GOOGL stock reflects that it is 28.53% above last year. During the past month, the stock gain 3.45%, bringing three-month performance to 17.82% and six-month performance to 27.16%. For this stock, beta value at 0.90 represents it is too much volatile.
Google’s new flagship smartphones, Nexus 5X and 6P, leads the rolling out of “Marshmallow” next week. The 32 GB version starts at $499 and the 64 GB version sells for $599. However, the company will release the OS next week for upgrades on other Android devices. It’ll be available in three color variants i.e. silver, black and white together with a choice of 32GB, 64GB, and 128GB storage options. For selfies, it comes with a 5 Megapixel front camera. According to tvnewsroom
Alphabet Inc (NASDAQ:GOOGL), uses its Nexus smartphone range – manufactured by a revolving lineup of Android partners – to show off its latest mobile software. The Nexus Imprint only takes you at around 600ms for your fingerprint to be recognized and each usage, the system learns more on the user’s unique fingerprint. Fingerprint security is now available as well, so no need to remember passwords when unlocking Android devices or checking out on Android Pay or Google Play Store.
Google said the smartphone will come with a Smart Burst feature that captures shots at 30fps, and can be used to create GIF images. “With the new Nexus devices, we’ve reduced the number of preloaded apps on the phone, to make the out-of-box experience cleaner and simpler”. tvnewsroom
Alphabet Inc., through its auxiliaries, builds technology products and provides services to organize the information. The company offers Google Search that provides information online; Google Now that offers information to users when they need it; AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google network to deliver ads; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and other advertising platforms, such as AdExchange and AdMob.
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