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.
Targeted ads are the bane of social network users around the world. But in China, they are an object of desire.
Positive signs in Facebook's quarterly earnings report trump concerns about operating costs that sent shares lower, traders said.
The modest surprise in Facebook's quarterly earnings did not satisfy investors who were used to seeing "tremendous upside surprises" over the past years, says Evan Wilson, Senior Research Analyst for Internet & Games at Pacific Crest Securities.
Social media heavyweights Facebook and Twitter provide good opportunities for investors.
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.
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.
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.
Facebook's Oculus VR is getting into movies with an in-house studio dedicated to making virtual-reality films.
The social networking site launched new features allowing users to make video, and send private group messages.
Some of the names on the move ahead of the open.