Our Mission is to keep our audience with an interrupted stream of financial information from serious sources, with the objective to provide the tools and sufficient knowledge about investments in the financial markets. we inform you, for example, CNBC, The Guardian, Washington Post, New York Times Selected News, selected financial news and videos, the Fed, FDIC, SEC, FTC press releases and enforcement actions.
Facebook shares fell 9 percent on lower-than-expected revenue numbers from its second-quarter earnings report Wednesday.
totaled $13.23 billion, shy of the $13.33 billion analysts expected,
raising worries that the political and social backlash against the
company is affecting its bottom line. The company beat the profit
forecast, with $1.74 per-share earnings.
facing important challenges, our community and business are off to a
strong start in 2018,” said Mark Zuckerberg, Facebook’s founder and CEO.
“We are taking a broader view of our responsibility and investing to
make sure our services are used for good. But we also need to keep
building new tools to help people connect, strengthen our communities,
and bring the world closer together.”
sales from Google, which is Facebook’s main competitor for online
advertising, sent expectations for the social network’s earnings up,
along with its stock price.
The number of
monthly users — a key indicator of Facebook’s popularity — rose
slightly, to 2.23 billion from 2.2 billion last quarter.
Facebook shares closed at $217.41, up more than 10 percent over the past month.
Hayley Tsukayama Hayley
Tsukayama covers consumer technology for The Washington Post. A
Minnesota native, she joined The Post in 2010 after completing her
master's degree in journalism. Follow