Facebook (FB) Reports 2Q'02019 Results

Facebook (FB) reported 2Q'02019 after the market closed yesterday (24 July 02019). I think they had a good quarter. Wall Street initially agreed, but then they started to contemplate the future for Facebook Inc.

FB closed yesterday (24 July 02019) at $204.66. It opened today at $206.70 and spiked to a new 52-week/all-time high of $208.65; however, it closed the day down 1.93% at $200.71.

During 2nd-quarter 02019, Facebook Inc. increased its headcount at a linear rate of 782 heads per month (or 2.14 heads per day).

Facebook Inc. ended 2nd-quarter 02019 with "cash & cash equivalents" of $48.6 billion.

Sadly, the U.S. Department of Justice is going to cause Facebook's cost of doing to increase as the company is going to have to spend money implementing and satisfying "compliance measures." I think Facebook's headcount is higher than it needs to be, so I think the company should tap the brakes when it comes to increasing its headcount.

I have a limit order to sell a tiny amount of FB at 67 $Pi (i.e. $210.49) even though it's possible that longer term FB has many new all-time highs ahead of it. A new mantra for the next few years: FB to $1000.

Merge AT&T and IBM Into One Company

16 July 02019 headline: 

"AT&T and IBM Announce Multi-Year Strategic Alliance"

Hmm... Now I'm thinking about an AT&T/IBM merger.

AT&T and IBM market values on 16 July 02019.

   AT&T    $245.603B   
    IBM    $127.575B   (includes Red Hat) 
   =================
   ATTIBM  $373.178B   ($373,178,000,000)

Comparison market values on 16 July 02019.

   Microsoft   $1.056T     ($1,056,000,000,000)
   Amazon.com  $995.22B    ($  995,220,000,000)
   Apple       $946.787B   ($  946,787,000,000)
   Alphabet    $799.494B   ($  799,494,000,000)  [Google]
   Facebook    $582.573B   ($  582,573,000,000)  
   ATTIBM      $373.178B   ($  373,178,000,000)  [AT&T + IBM]

I'd be shocked if the federal government would 
let AT&T and IBM become one company, but...