Executives from Facebook ( FB ), Twitter ( TWTR ) and Google-parent Alphabet ( GOOGL ) begin congressional testimony on Tuesday after the three internet giants released new details about Russian meddling around the 2016 U.S. presidential elections.
[ibd-display-video id=2462006 width=50 float=left autostart=true]Facebook said about 126 million Americans may have seen posts from sites tied to the pro-Kremlin Internet Research Agency, with 29 million directly served. The Internet Research Agency had some 80,000 posts from January 2015 to August 2017, Facebook said. The social media giant previously had focused on some 3,000 ads from the IRA-tied sites.
Twitter has removed 2,752 accounts linked to the Internet Research Agency, according to multiple reports citing sources familiar with its testimony.
Alphabet's Google discovered 1,108 videos on its YouTube site totaling 43 hours of content uploaded by Russian-related groups They were viewed a combined 309,000 times in the U.S. from June 2015 to November 2016, by accounts linked to Russian operatives.
Executives from Facebook, Twitter and Google will appear before three congressional panels on Tuesday and Wednesday regarding Russian attempts to spread misinformation.
Despite the negative headlines over Russia's use of U.S. internet giants, those stocks are doing fine.
Facebook rose 1.1% to 179.87 in Monday's stock market trading , after breaking out past a 175.59 buy point on Friday. Facebook will report earnings on Wednesday after the market close.
Alphabet shares dipped 54 cents to 1,033.13 on Monday, but that's after surging 4.3% on Friday, clearing a 1,006.29 entry. That follow strong Q3 earnings released late Thursday.
Twitter sank 2% to 21.25 on Monday, but held above a 20.98 buy point cleared Friday. Twitter shot up 6.75% that day to a 52-week high after rallying 18.5% on Thursday on its better-than-expected results and bullish forecast.