Brad Gastwirth, CEO of ABR Investment Strategy, attributes the fall in Facebook shares overnight to concerns over an increase in spending, which is outpacing revenue growth.» Read More
SAN FRANCISCO, Jan 28- Facebook Inc's big spending plans are facing a tough reception on Wall Street. Facebook said on Wednesday that 2015 capital expenditures will range from $2.7 billion to $3.2 billion, a sharp increase from $1.83 billion in 2014.. The spending spree comes as Facebook faces intensifying competition with Twitter Inc, Google Inc and a host of...
Social media heavyweights Facebook and Twitter provide good opportunities for investors.
SAN FRANCISCO, Jan 28- Facebook Inc's revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings and sales. Its success contrasts with other established Internet companies such as Google Inc and Yahoo Inc, which have struggled as advertisers shift...
Charles Sizemore, CIO of Sizemore Capital Management, says the rise in mobile ad revenue indicated that Facebook's mobile strategy is heading in the right direction.
Companies making headlines after the bell Wednesday:
Mobile daily active users came in at 745 million on average for December 2014, up 34% year-over-year.
SAN FRANCISCO, Jan 28- Facebook Inc's revenue grew 49 percent in the fourth quarter, as strength in mobile advertising helped the world's largest Internet social network beat Wall Street's target. Facebook's fourth-quarter overall revenue grew at the slowest rate since the beginning of 2013, to $3.85 billion, compared to $2.59 billion in the year-ago period.
NEW YORK— For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices. The world's biggest online social network said Wednesday that advertising revenue jumped 53 percent to $3.59 billion for the fourth quarter—...
MENLO PARK, Calif. _ Facebook Inc. on Wednesday reported fourth-quarter net income of $696 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Analysts expected $3.79 billion, according to Zacks.
SAN FRANCISCO, Jan 28- Facebook Inc said on Wednesday its revenue grew 49 percent in the final three months of 2014, as strength in mobile advertising helped the Internet social networking company beat Wall Street's revenue target.
Brian Evans, Advisor Shares; Zachary Zarabell, Envestnet; Lance Ulanoff, Mashable and FM trader Tim Seymour provide instant analysis into Facebook's quarterly earnings beat.
Facebook is reporting EPS beat of $0.54 adjusted on revenue beat of $3.85 billion, with CNBC's Julia Boorstin.
Brian Kelly, Fast Money Contributor, and CNBC's Jon Fortt and Melissa Lee look at earnings coming up this afternoon, and what investors can expect to hear.
U.S. government debt prices rallied on Wednesday, amid speculation about the tone of the Fed's latest policy statement, due later Wednesday.
Advanced Micro Devices Inc. fell 2.6 percent to $2.63 with 24,364,900 shares traded. Apple Inc. rose 5.7 percent to $115.31 with 136,239,900 shares traded. Cisco Systems Inc. fell. 4 percent to $26.81 with 28,955,400 shares traded.
A trader made a big bearish bet on Facebook ahead of Wednesday's earnings statement.
Scott Kessler, Head of Technology Sector Equity Research & Senior Equity Analyst, S&P Capital IQ, discusses what he's anticipating from Facebook and Twitter earnings, and which company has better long-term prospects.
CNBC's Morgan Brennan and Scott Kessler of S&P Capital IQ talk about what to expect from Facebook when it reports earnings after the bell.
Facebook's stock is on a tear, and Wednesday afternoon it will be under pressure to continue that growth as it reports earnings.
US stock index futures signaled a slightly higher open, with European stocks boosted early in the day after Apple smashed analyst expectations.