added as much as $44 billion in market value after its stock jumped as much as 8% to $209.69 in Thursday morning trades following the company's earnings report that showed an increase in user numbers amid the coronavirus pandemic.Revenue: $1.71, versus the $1.70 estimate2.6 billion, versus the 2.55 billion estimate
"We experienced a significant reduction in the demand for advertising, as well as a related decline in the pricing of our ads, over the last three weeks of the first quarter of 2020," Facebook said. For Facebook's family of apps, which includes WhatsApp, Instagram, and Messenger, the company reported monthly active users rose 11% to 2.99 billion in the month of March.
Everyone’s using their service because they’re at home, no surprise there.
Not much of an achievement when people have literally nothing else to do.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Fed chair Powell: Economy may need 'more support' for robust recovery - Business InsiderFed Chair Jerome Powell says the economy may 'need more support' for a robust recovery to be possible How much more support? You have been in emergency mode since 2008 and doing nothing but lying to us. I can hear the money printer go brrr
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Facebook says business is holding up amid coronavirus pandemicFacebook reported that business was steady in the first few weeks of April, sparking a surge in its shares. Lol Flexibility and agility can combine to enhance a firm's response to any emergency,fbook is proving to be adept at navigating the turbulence.
स्रोत: latimes - 🏆 11. / 82 और पढो »
American Airlines lost $2.2 billion in first quarter: earnings report - Business InsiderAmerican Airlines lost $2.2 billion in the first quarter as the coronavirus began to wreck the airline industry. This quarter is poised to be even worse. should have saved money from 2 trillion tax cut. boohoo go bankrupt!!!!!!!!!!! socialismfortherich Here come the layoffs. Time to inject some money... FED 👀
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »