E*TRADE Generation Trader: Preview of Facebook Earnings
Cheddar's "Generation Trader" series highlights the most compelling business stories that are moving the market, while utilizing E*TRADE's innovative trading platform. In this episode, Anchors Hope King and Baker Machado preview what to expect for Facebook earnings this week.
The company has faced scrutiny over Russian groups using its platform to meddle with the 2016 elections. In a written statement to the Senate Intelligence Committee just las week, Facebook said events from one Russia-linked troll group reached 300,000 Facebook users.
Earlier this month, Facebook announced changes to its algorithm of its newsfeed to prioritize posts from friends, and family over media publishers. This sent shares down on January 12. Facebook stock has recently rebounded, and is up about 10 percent over the past six months.
The U.S. is asserting control over Venezuelan oil after capturing President Maduro. Energy reporter Ben Geman of Axios breaks down what it means for markets and
Silver is back in the spotlight as supply constraints, surging industrial demand, and macro trends push prices high, possibly heading toward $100/ounce.
