S&P 500
6,873.00
+0.20%
Dow Jones
47,952.80
+0.21%
Nasdaq 100
25,701.80
+0.39%
Russell 2000
2,523.23
-0.32%
FTSE 100
9,663.00
-0.50%
Nikkei 225
50,636.50
+0.03%

Investing

Microsoft (MSFT) Gets Facebook Deal, Pushes Out Google

Follow 24/7 Wall St. on Google
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

According to The Wall Street Journal, Microsoft (MSFT) agreed to invest $240 million for a minority stake in Facebook Inc. that values the social-networking site at $15 billion. As part of the deal, the two companies expanded their advertising agreement.

Accounts of the transaction say that it will focus on international expansion of the social network.

Douglas A. McIntyre

Latest Podcast Episode

Amazon Strikes Back, And A Surprise $10,000 Portfolio Buy

Play

38 min
Apple Podcasts Spotify

Our $500K AI Portfolio

See us invest in our favorite AI stock ideas for free

Our Investment Portfolio
Live: Snowflake (SNOW) Q3 Earnings Coverage

Live

Joel South |

Live: Snowflake (SNOW) Q3 Earnings Coverage
Live: Credo Technology (CRDO) Q2 Earnings Coverage

Live

Eric Bleeker |

Live: Credo Technology (CRDO) Q2 Earnings Coverage

Continue Reading

I Retired at 61 on a $145K Salary. How Much Can I Safely Spend Each Year?
247staff |

I Retired at 61 on a $145K Salary. How Much Can I Safely Spend Each Year?

Running out of money in retirement is one of the biggest fears for a reason. Few things are more jarring…
Rubrik Crushes Expectations Again. Here’s What We’re Watching
William Temple |

Rubrik Crushes Expectations Again. Here’s What We’re Watching

Yesterday we were watching whether Rubrik (NYSE: RBRK) could deliver on its profitability promise while maintaining growth momentum. The company…
I Don’t Agree with Dave Ramsey on Everything, But He Nails These 4 Key Points
Christy Bieber |

I Don’t Agree with Dave Ramsey on Everything, But He Nails These 4 Key Points

There is a lot that I disagree with Dave Ramsey about. For one thing, I think he is dead wrong…
How Everyday Investors Are Using Monthly ETFs to Replace Their Paychecks
David Beren |

How Everyday Investors Are Using Monthly ETFs to Replace Their Paychecks

As investors look to the future, more and more are focused on a single goal that results in using monthly…
How to Choose Between a Lump Sum Pension and Lifetime Payments
247staff |

How to Choose Between a Lump Sum Pension and Lifetime Payments

In the world of r/ChubbyFIRE on Reddit, someone always wants or hopes to hit a specific number, so they can…
Dave Ramsey Reveals the Mindset Shift Behind Building Wealth
247staff |

Dave Ramsey Reveals the Mindset Shift Behind Building Wealth

Financial expert Dave Ramsey highlights a simple but powerful idea: the questions you ask yourself shape your financial future. He…
Jim Cramer’s Best Money Advice for American Seniors
Kathryn Koehler |

Jim Cramer’s Best Money Advice for American Seniors

Jim Cramer is a former hedge fund manager and financial commentator. He is the host of the CNBC show Mad…
26 of the Most Overhyped Guns that Soldiers Actually Hate
Chris Lange |

26 of the Most Overhyped Guns that Soldiers Actually Hate

Every military has weapons that looked unbeatable in brochures but fell apart the moment they reached the field. These guns…
2 Effective Fixes for Navigating Potentially Lower Expected Market Returns
Joey Frenette |

2 Effective Fixes for Navigating Potentially Lower Expected Market Returns

It’s never fun for a new investor to hear that prospective returns moving forward are bound to be modest. Whether…

Top Gaining Stocks

Ulta Beauty
ULTA • Vol: 3,395,558
+$67.55
+12.65%
$601.50
Moderna
MRNA • Vol: 16,531,461
+$2.21
+8.67%
$27.70
Warner Bros Discovery
WBD • Vol: 198,739,971
+$1.54
+6.28%
$26.08
Southwest Airlines
LUV • Vol: 15,211,720
+$2.04
+5.70%
$37.85
Cooper Companies
COO • Vol: 10,745,660
+$4.37
+5.67%
$81.40

Top Losing Stocks

New Pluto Global
PSKY • Vol: 27,105,535
-$1.46
9.82%
$13.37
W. R. Berkley
WRB • Vol: 15,664,173
-$4.15
5.86%
$66.72
Vistra
VST • Vol: 4,524,237
-$8.90
5.05%
$167.17
NRG Energy
NRG • Vol: 1,864,827
-$6.36
3.76%
$163.00
Insulet
PODD • Vol: 518,069
-$11.43
3.62%
$304.49