Facebook (FB) showed its mobile prowess, once again. During the second quarter, mobile advertising accounted for 76 percent of the social media giant’s total advertising sales, compared to 62 percent during the same quarter last year. ‘It’s clear that Facebook is a mobile monetization machine
How to trade Facebook’s earnings beat, with Mark Mahaney, RBC Capital Markets Internet analyst.
Consumers check their Facebook (FB) accounts a lot. The number of users who check their Facebook page at least once a month grew to 1.49 billion from 1.44 billion last quarter. Of those users, 968 million check their account every day and spend an average of 46 minutes on the site. Those metrics in
CNBC’s Julia Boorstin takes a look at key drivers of growth for Facebook.
The FT’s Jonathan Wheatley talks to James Kynge, emerging markets editor, about how a drop in fixed asset investment in China is helping to drive a decline in global commodities prices.
BP (BP) reports a second quarter loss of $5.8 billion as costs associated with the Gulf of Mexico oil spill settlement take a toll. The 40% drop in oil prices in the past year is also cutting into BP’s profits, like other oil companies. BP executives indicated they would take down capital exp
Beth Ann Bovino, chief U.S. economist at Standard & Poor’s, weighs in on what to expect from the Federal Reserve meeting this Tuesday and Wednesday.
TheStreet highlights the Federal Open Market Committee meeting, the key earnings reports and economic data to watch on Wall Street. On the earnings front, it’s another busy day. The notable companies reporting their latest quarterly earnings include Merck & Co (MRK), Pfizer (PFE), Gilead Sci
16 models of the Apple Watch will be available on Best Buy…
Investors should watch what Facebook (FB) says about its revenue growth and spending when it reports earnings on Wednesday, according to Scott Kessler, an equity analyst at S&P Capital IQ. ‘If the company can show that it still has robust growth ahead, and its controlling expenses, I thi