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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

(FB)
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Delayed Quote. Delayed Nasdaq - 11/27 01:00:00 pm
277.81 USD   +0.81%
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Facebook : Mastercard builds platform to pilot central bank digital currencies

09/09/2020 | 12:54pm EST
Illustration photo of a Mastercard logo on a credit card

Mastercard is creating a platform to help central banks "virtually" test how digital currencies could be developed and used, the payments company said on Wednesday.

Facebook's Libra multi-currency backed stablecoin proposal prompted central banks to look at whether they could launch digital versions of their currencies.

"This new platform supports central banks as they make decisions now and in the future about the path forward for local and regional economies," said Raj Dhamodharan, executive vice president for digital asset and blockchain products at Mastercard said in a statement.

The platform enables the simulation of issuance, distribution and exchange of central bank digital currencies between banks, financial service providers and consumers, Mastercard said.

Controlled regulatory environments are already being used by start-ups to test new payments services from fintech companies.

Central banks are still in the early stages of looking at potential digital currencies, with the Bank of England calling last week for global rules to be put in place before stablecoins are launched.

(Reporting by Huw Jones; editing by Jason Neely)


© Reuters 2020
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Financials (USD)
Sales 2020 83 587 M - -
Net income 2020 26 870 M - -
Net cash 2020 63 906 M - -
P/E ratio 2020 29,8x
Yield 2020 -
Capitalization 785 B 785 B -
EV / Sales 2020 8,63x
EV / Sales 2021 6,76x
Nbr of Employees 56 653
Free-Float 83,8%
Chart FACEBOOK INC
Duration : Period :
Facebook Inc Technical Analysis Chart | FB | US30303M1027 | MarketScreener
Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Average target price 315,73 $
Last Close Price 277,81 $
Spread / Highest target 35,0%
Spread / Average Target 13,7%
Spread / Lowest Target -56,8%
EPS Revisions
Managers
NameTitle
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
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