Facebook Inc shares have reliably been on the upside this year. May had investors worried for a short while, but the social network’s stock proved that it can’t be kept down. Moving into June, the value of FB shares seems to be keeping its 2017 uptrend.
Analysts remain mostly bullish about Facebook. A look at this week shows Monday trading sending stocks up to $152.13. That is a 5 percent boost from the mid-month slump which left shares at $144.85. Beyond that, FB is outdoing its market peers as well.
Year-to-date, the NASDAQ composite has only gained 15.4 percent. That is not exactly a bad result, yet Facebook doubles that in comparison. The shares of the world’s most successful social network have returned 32.2 percent by the same measure.
The future for Facebook seems to be shimmering with success. New revenue streams are set to be introduced this year. The online company seems to have measures set to increase user satisfaction as well as ad revenues.
Original videos from Facebook Inc (FB)
In February this year, Mark Zuckerberg, the CEO at Facebook Inc, admitted that original video shows are on the way. Based on what people read, they will find analyst predictions pegging thos new platform’s arrival between June and August. However, the social network is yet share progress on its promised videos tab and original shows.
Consider video content that is purely original. It stands to be much like what people see on TV or their favorite YouTube channel. Facebook has been craving something like this for a while now. As per Zuckerberg himself, you can bet your bottom dollar the company won’t rest until it has its own thriving platform of original, video content.
In a world littered with bright screens and flashing images in every direction, original and engaging content has become everything. Just ask Netflix, Amazon, Apple or Google. We will be able to ask Facebook Inc soon enough as the company expands its video and ad endeavors with TV-like shows for users.
Facebook Inc lures pharma giants for advertising too
Sticking with ads, reports show Facebook Inc intends to lure drugmakers into advertising more on the platform. “Health in the era of mobile.” That was the tag-line on an invitation sent out to pharmacy giants, says CNBC. It suggests the social networks seeks to encourage health corporations to push themselves on Facebook too.
It is unclear if Zuckerberg and his company have something special in store for the pharma market. The company could simply be rallying support from a market that doesn’t really participate much on Facebook.
This does not seem far-fetched though. It especially possible if people consider how pharmaceutical majors are not taking advantage of advertising like other markets. There is a clear chance to capitalize on that and push drugmakers to the fore via Facebook Inc .
“That spells a big opportunity for Facebook and other tech giants to bolster ad revenues in the highly regulated industry,” writes Stock News.