Erich Reimer, author at Seeking Alpha, discusses his optimism around Facebook's growth and why he believes investors should be long the stock, despite its new news feed algorithm and the controversy over Russian meddling.
Reimer notes that while the news feed changes were disruptive, he believes they are in the long-term interest of the company. Reimer talks over streams of revenue for the company outside of advertising. He talks some of their other apps like Facebook Watch and Messenger, which show strong user interest.
The major indices reached all-time highs this week – but when it comes to that Dow Jones record, veteran CIO Kevin Mahn says, ‘I don’t even look at the Dow.’
The WNBA is gearing up for what is sure to be an incredible season — with sold out crowds and high ratings. It's Caitlin's world, we're just living in it.
Tipping expectations have increased. A 2023 survey revealed that approximately 72% feel they are now asked to tip service workers more often than before.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.