Facebook Not Irreparably Damaged by Stock Dive, Says Analyst

Shares of Facebook plunged Thursday after its latest earnings report. But Jefferies analyst Brent Thill tells Cheddar the company won't suffer in the long term, particularly because Europe's new data rules are "great hygiene" to work out the kinks. For full interview, [click here](https://cheddar.com/videos/facebooks-earnings-nightmare-could-be-short-term-says-jefferies).

More In Business

Need2Know Biz: Gas Price Decline, Xiamoi EVs & Alibaba Lawsuit

Need2Know Biz: Gas Price Decline, Xiamoi EVs & Alibaba Lawsuit

Xiaomi Enters China's Electric Vehicle Market

Chinese consumer electronics company Xiaomi has unveiled its new electric vehicle.

Study: Social Media Ad Revenue From Minors Reached $11 Billion Last Year

A new study found social media companies made over $11 billion in advertising revenue from minors.

Wendy's Promotion Offers One Cent JR Bacon Cheeseburgers

Wendy's Promotion Offers One Cent JR Bacon Cheeseburgers

Stocks Mixed After Another Record Closing

Stocks were mixed in opening trading on Thursday, a day after yet another record closing for the Dow.

As Social Media Guardrails Fade and AI Deepfakes Go Mainstream, Experts Warn of Impact on Elections

Experts are warning that the spread of misinformation could get worse in the coming presidential election contest.

Odds for More Sports Betting Expansion Could Fade After Rapid Growth to 38 States

Sports betting has spread rapidly across U.S. states in the past five years. But the odds for further expansion may be fading as state legislatures prepare to return to work in 2024.

New York Times Sues Microsoft and OpenAI

New York Times files lawsuit claiming Microsoft, OpenAI uses stolen IP to train chatbots.

Pizza Hut to Lay Off More Than 1,200 Delivery Workers

Pizza Hut to Lay Off More Than 1,200 Delivery Workers

Bristol Myers to Buy Cancer Drug Developer Rayzebio

Bristol Myers to Buy Cancer Drug Developer Rayzebio

Load More