LIVE: Here comes Facebook's Q1 earnings

📆 25/04/2019 00:30:00
📰 BusinessInsider

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Facebook has been beset by scandals for years — but that hasn't halted its explosive profits.

, from Cambridge Analytica's misappropriation of users' data to the platform's role in spreading hate speech that fueled genocide in Myanmar.

But that hasn't halted its steady growth, and as of Wednesday its stock was hovering around $183 a share, below its all-time highs of $218 in July 2018, but well above the $123 mark it was languishing at as recently as December. A key area of focus for investors is the continued growth of Instagram, even as the core Facebook app's business slows, and as the company adapts its advertising model to the new Stories format across the company's various apps.: $14.97 billion expected, up 25% year-over-year

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techinsider and here it is folks. latest earnings. Consumerism makes the world go round.

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