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Tag Archives: growth

Facebook reports second-quarter user growth and revenue that exceeds expectations

Facebook (FB) reported second quarter results that significantly exceeded estimates and continued to expand its user base and advertising business even during the pandemic. When the social media giant underwent a closer review of its malicious content monitoring policies on its platforms. Facebook stocks rose 5% late trading to $ 246.83, after 4:09 p.m. ET according to the results. Here …

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Verizon reports second quarter earnings with stable user growth

Verizon (VZ) – Get the report Friday’s second quarter earnings and sales were better than expected as the stability of the subscriber base linked to the need to stay connected through the pandemic helped offset a decline in demand for new hardware. The New York-based company said it had earned $ 1.18 per share compared to $ 1.23 per share …

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Netflix loses more than $ 16 billion in market value after a loss of profit and its forecast for subscriber growth is disappointing

Netflix stock fell up to 7% on Friday, wiping out more than $ 16 billion in market capitalization by the video streaming giant. The group 10 million subscribers were added in the second quarter, increasing sales by 25% and earnings per share by 163%. However, EPS fell short of Wall Street forecasts, and the 2.5 million subscriber forecast this quarter …

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Former NFL player Emmanuel Acho on DeSean Jackson’s anti-Semitic posts: culture abort “leaves no room for growth”

Emmanuel Acho, former linebacker of the Philadelphia Eagles and current co-host of FOX Sports’ “Speak For Yourself”, said on Wednesday that the culture of the demolition would not help DeSean Jackson after his anti-Semitic social media posts. Acho discussed Jackson’s contributions and his subsequent apology with his co-host Marcellus Wiley. Acho said Jackson should have been better informed of what …

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US home sales hit a nine and a half year low; Price growth is cooling

WASHINGTON (Reuters) – US home sales fell to their lowest level in more than 9 1/2 years in May. This strengthened expectations of a sharp decline in real estate market activity in the second quarter following disruptions due to the COVID 19 pandemic. The National Association of Realtors report on Monday also showed the smallest annual rise in house prices …

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