Tag: Facebook results
News highlights for 1 November 2017 Celebrities may be breaking law promoting ICOs: Wall Street regulator NEW YORK (Reuters) – Wall Street’s main regulator warned on Wednesday that celebrities or other individuals may be breaking U.S. securities law when promoting investments in initial coin offerings (ICOs), a means for companies to raise funds online. Read […]
Come, celebrate with us – and pretty much the whole of Wall Street – as Facebook announces much better than expected results. Their first quarter brought in over $5 billion in revenue, and profit forecasts are 15 cents per share higher than expected. With over 1.5 billion monthly users and Mark Zuckerberg turning on the […]
(Reuters) – Facebook Inc’s quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers and encouraged existing ones to boost spending. The company’s shares rose 9.5 percent in after-hours trading on Wednesday to $118.39, setting it on track […]
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