Facebook Expected To Score Share Value Of $100

The social media giant is expected to reach a share price of $100 by the end of the current financial month.

Facebook has recently been seen to go downwards on the stock index by a prominent difference, which almost surprised the investors and shareholders considering how well the social media giant has been performing lately. On Tuesday’s trading session, the stock of the media company fell by a massive 3%, which was mainly because of the weaknesses in the tech market overall.

The interesting part of Facebook stock news comes when analysts in the industry turn out to be constantly positive about the stock of the firm, especially for the near term future. One such analyst in the market has proposed that the social network platform might even end up gaining on the index by a colossal 15%.

This prediction made by the analysts towards the Facebook stock has been made for a short term period of a month only, which is another factor which has made the investors wonder as to what is it really that is making them so bullish about the giant. According to an analyst, it was noted down that the social media company is being looked at with a very bullish preview and it is believed that by the end of October, the media firm will be hitting a share value of $100 for sure.

The analyst, who informed the press of his ideas towards the expected activities of the stock, has also supported his argument with the facts on how the current tech market is seeing too many lows and any kind of high cannot be simply predicted. However, he has said that if the market picks itself up from the current turmoil, then the stock of the network giant will touch boundaries that no one is expecting from it.

Another factor that can help the giant to gather its fallen pieces in the stock market is the important demand for the analysts to report better than expected earnings in the upcoming quarterly report. The same analyst is also of the opinion that good earnings can prove as a much indeed guide for the giant in this difficult time and if things are handled perfectly even in the near future, then the $100 share value will not just remain a dream for the investors.

The past week for the media company has been quite a struggle, assuming the loss of around 6% of the stock value during the time. However, the corporate management remains optimist about the future endeavors.

Facebook Update: A New Center In Oregon Is Being Set Up

The social media giant has announced that it will be building a new data center in Oregon soon

Facebook Inc has been looking for ways to grow its social networking platform for a very long time now and has been succeeding too. The networking company announced on September 2 that is has decided to open up a new data center in Oregon, according to latest Facebook updates.

The place that has been chosen by the media company for the building center is a desert which is situated in the region, and will be created in Prineville, which is a facility of the networking firm in the state. In a post made on the website by one of the most trusted employee of the company, and also one who maintains a high position in the firm, the news was released in which it was stated that Mark Zuckerberg’s company is currently looking towards putting in a massive $200 million to carry out the expansion program successfully.

Another thing that needs to be taken into consideration is that Facebook plans to show how the new project will make the center to be the third biggest one of its kind that is owned by the social media giant. This news was reported by one of the directors of the operations at data center situated in the Western Region named Ken Patchett. The operations officer announced that the management of the social media company is quite satisfied with how things are working out for it and for future expansions; a new project has been added to the plans which will be supported by an investment of $200 million, according to recent Facebook news.

Given how the new center will be situated in a desert in Prineville, Patchett assured the general public in his Facebook post that the firm will be using the desert cool air at the data center instead of air conditioners, which are meant to be intensively using up energy. The fact that the media company is on its way to expanding its data centers even more is not surprising for the analysts, given how the firm is receiving more and more data every day and clearly needs more space to store all the information. According to other new sources, the firm already has a cold storage for storing a lot of its important data but those storages are not accessed to on a frequent basis.

Analysts are also talking about how the $200 million investment is not going to go to waste at all, as the previous data center that was made by the firm ended up storing a huge amount of users of the social media site and a massive rise in the user base shows that there will be even more centers in the future as time and users grow.