Shares in Alphabet (:GOOGL.O) closed up 0.7 percent, while those in Apple Inc (:AAPL.O) fell 0.3 percent and Netflix Inc (:NFLX.O) closed barely higher.
The plunge came after Facebook executives said the company expected a significant slowdown in its revenue growth in the years ahead.
Second, the company is placing more emphasis on Stories, the packages of posts and photos users can share with their friends that generally disappear after 24 hours. Eastern time. Snap's shares were down by more than 2 percent. "It just seems like the magnitude is beyond anything we've seen, especially across a number of the tech (companies) we cover".
"While those actions might take time to play out, it is still possible that threatened fines associated with GDPR to Facebook or other sellers of advertising could also have the effect of spooking advertisers into changing how they use data", said Wieser, who thinks the shares should be worth $140 United States - well below Thursday's level.
Facebook has drawn investors because of its fast growth of users and profits.
After the General Data Protection Regulation went into effect in Europe, Facebook started asking people to check their privacy settings and make sure they wanted to share certain kinds of data.
Despite increasing subscription costs, Amazon Prime subscription revenues grew 57 percent to $3.4 billion.
For advertisers, though, Facebook and Instagram are performing as well as ever.
But Wehner said the product has "lower levels of monetization", while adding that the company plans to invest in growing the service.
"This is a direct result of scale as it becomes increasingly hard to grow at such high rates when a company hits this size", Windsor wrote.
"Weaknesses in AI are forcing [Facebook] to keep hiring humans to do the jobs that the machines are incapable of", he said.
After a surprisingly weak growth forecast in this week's earnings report, Facebook's stock price dropped 19 percent today.
FILE - Facebook's CEO Mark Zuckerberg answers questions about the improper use of millions of users' data by a political consultancy, at the European Parliament in Brussels, Belgium, in this still image taken from Reuters TV, May 22, 2018.
It continues, "In approving this annual security allowance, the Committee considered Mr. Zuckerberg's position and importance to Facebook and the fact that Mr. Zuckerberg has requested to receive only $1 in annual salary and does not receive any bonus payments or equity awards ..."
Shares in other technology companies were dragged down by the social media giant, as the technology sector fell 1.9%.
"Our total revenue growth rate decelerated approximately 7 percentage points in Q2 compared to Q1", he said.
Facebook suffered a blow in China on Wednesday when regulators there withdrew their approval of a company innovation hub to support local startups, the New York Times reported on Wednesday, citing a person familiar with the matter.
It's a staggering drop-off for Facebook and flies in the face of Wall Street's expectations.
It was the details of Facebook's report that seemed to spook investors.
"It's really becoming the crown jewel of Bezos' empire", said GBH Insights analyst Daniel Ives.
Peirce's dissent is interesting, as it shows how the SEC might be swayed to change its decision on cases like this in the future. But all hope might not be lost - the SEC's commissioners are not uniform in their disapproval.
The stock was down 17 per cent at US$181.25 in premarket trade Thursday, after having closed at US$217.50 in regular trading. Some analysts, however, believe it's more than that. "We think that's the right thing to do for the business", he said.
It becomes a blood Moon when sunlight is fitered through Earth's atmosphere and bounces off the Moon's cratered surface. According to the Science News, Nigeria will experience total lunar eclipse , which would be is fully visible in Lagos.
In response, Saudi Arabia has suspended oil shipments through the Bab El-Mandeb Strait for an undisclosed period of time. One of the coalition's main justifications for intervening in Yemen was to protect shipping routes such as the Red Sea .
Lovato's dogs were barking and the operator told the female caller "If you have any family pets in the home put them in a room". Demi has spoken openly about her battles with addiction, eating disorders, bipolar and depression in the past.
Darvish and Chatwood were the centerpieces of the Cubs' offseason, as the two free agent signees cost a total of $164 million. Hamels is a four-time All-Star and the 2008 World Series MVP. "He competes, and he knows what he's doing".
Pompeo's statement came a little more than a week after Trump stirred controversy during a congenial press conference with Putin. But Russia also did not immediately jump at the opportunity to schedule a second summit between the two leaders.
CBC News has learned from a source close to his family that Hussain was apprehended twice by police while he was under 18. The man was quickly arrested and no one was injured in the incident, the Canadian defense ministry said.
Brennan slammed those comments as "nothing short of treasonous " and accused Trump of being "wholly in the pocket of Putin". Clapper told CNN that his security clearance "has nothing to do with how I or any of us feel about the president".
A massive dust storm presently engulfing Mars, however, is obscuring surface details normally visible through telescopes. In 2003, Mars and Earth were at their closest in almost 60,000 years, coming within 34.6 million miles of each other.
It came hours after Israeli tank and artillery fire in the southeast of the Gaza Strip killed and injured three Hamas fighters. Attacks against Israelis in the West Bank are supported by many Palestinians as pushing back against settlement growth.
Froome has been a repeated target of fans in this Tour after he was cleared of doping five days before the race began. Brailsford praised his two leaders for their temperament and resilience, despite all the furore around Team Sky.
Love made the NBA All-Star selection this season and started in 59 games for Cleveland, averaging 17.6 points. And to me that's really, really meaningful. "He wants to be a part of this franchise and be the leader.
Between Democrats and moderate Republicans , the articles of impeachment face a steep uphill fight on Capitol Hill . This article was written by Mike DeBonis, Felicia Sonmez and Devlin Barrett, reporters for The Washington Post .
Wright said Leonard could have avoided his rift with the Spurs had he spoken up about his issues during the 2016 All-Star Weekend. Los Angeles and other teams with cap space could offer four years at $141 million; Toronto can reach five years, $190 million.
There have been 3,4000 wildfires in California in the previous year , burning 99,000 acres, according to Cal Fire. More than 1,000 firefighters are battling that blaze, which has scorched 7,500 acres and is only 5% contained.
As for her initial reaction to the backlash, "The first thing was shock that they were saying it was racial, when it's political". By the end of the interview, Hannity was giving her ideas for a speaking tour and a stand-up comedy tour.
The Manchester United manager said in a press conference: " Maybe this season finally you demand that they win ". Jose Mourinho has refused to rule his Manchester United side into the 2018-19 Premier League title race.
Samsung has also traditionally included a microSD card slot on their Note series, so that should help too. Some of you may have watched Samsung's new video advertisement for the upcoming Galaxy Note 9 yesterday.
After 2.43am, the moon will begin to emerge out of its shadow , marking the end of the eclipse at 3.49am on 28 July. The eclipse will be visible from Europe, Africa and the Middle East between sunset and midnight on July 27.
Collins, a member of the Senate Intelligence Committee, said that doing more to deter the Russians is a necessity. He referred to Trump's statements at the summit press conference as a "bad moment" for the U.S.