News Formal

LIVE: Here comes Facebook's Q1 earnings

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LIVE: Here comes Snap's Q1 2019 earnings...Snapchat parent company Snap announces its Q1 2019 earnings after markets close on Tuesday.
Source: BusinessInsider - 🏆 729. / 51 Read more »

LIVE: Here comes Microsoft earningsMicrosoft is within striking distance of a $1 trillion market cap, making its quarterly earnings more important than ever. How
Source: BusinessInsider - 🏆 729. / 51 Read more »