Business

The Conference Call That Shook Investor Faith in FacebookWall Street Journal Facebook’s Grim Forecast: Privacy Push Will Erode Profits For YearsHuffPost Facebook Just Learned the True Cost of Fixing Its ProblemsWIRED Facebook lost approximately US$150 billion in two hoursStuff.co.nz Facebook Shares Plunge as Growth Stalled by Scandal, RegulationBloomberg Full coverage

Facebook Shares Tumble as Growth Outlook DarkensWall Street Journal What happened on Facebook’s nightmare conference call that wiped out nearly $150B in market value in 90 minutesBusiness Insider Facebook just shed $130 billion in two hours, Mark Zuckerberg lost $16.8 billionUSA TODAY Facebook shocker: Company expects ‘deceleration’ in revenue growth, stock plunges more than 20 […]

Facebook plunges more than 24 percent on revenue miss and projected slowdownCNBC Facebook’s stock is tanking more than 20% after executives warn that revenue growth rates are coming downBusiness Insider Facebook stock drops more than 20% after revenue forecast missesMarketWatch Facebook’s defense team is thinningNBCNews.com Full coverage

Tariffs cause GM, FCA to trim 2018 profit forecasts, stocks hitReuters New Fiat Chrysler CEO Reassures on Future After MarchionneU.S. News & World Report Fiat Chrysler Posts Weak Profit, Slashes OutlookWall Street Journal Sergio Marchionne, Fiat’s fearless saviour, 1952-2018Financial Times Full coverage