• The world’s largest social media service climbed a staggering 29.6 percent following the release of its second quarter earnings report. Revenues, ad sales and profits all soared above expectations, erasing last year’s $157 million dollar loss. Second quarter profits reached $333 million, or 13 cents per share. Revenues climbed more 53 percent to $1.8 billion,

  • Stock market » Zynga’s post earnings slide
    July 26, 2013, 10:38 GMT

    After Facebook (NASDAQ:FB) reported a stellar quarter Wednesday, much of the social media space including the social gaming giant Zynga (NASDAQ:ZNGA) moved higher as a result of the exuberance. However, the move upwards was short lived for Zygna, the company reported its highly anticipated second quarter earnings on Thursday after the close. Shares almost immediately

  • Stock market » Facebook drives Nasdaq higher
    July 26, 2013, 10:26 GMT

    Stocks in the US were mixed at the open as investors eyed the enormous rally in FaceBook (NASDAQ:FB) shares.  The social media giant released better than expected earnings after the bell on Wednesday, buoying the Nasdaq 100 as the stock rallied more than 20%.  Economic data in the US continued its string of weakness with

  • Shares of the social media giant, Facebook (NASDAQ:FB) , moved sharply to the upside following strong second quarter results after the market close on Wednesday. The company beat analyst consensus estimates on both the top and bottom lines. Facebook posted earnings per share of $0.19 cents on revenues of $1.81 billion. These results were drastically higher

  • US stocks moved lower on Wednesday as market participants continue to absorb a plethora of earnings data.  On Wednesday both Boeing (NYSE:BA) and Caterpillar (NYSE:CAT) released earnings that showed a divergence.  Mining activity and new exploration hurt Caterpillar while better than expected consumer demand buoyed Boeings earnings.  After the bell, on Tuesday, Apple Inc. (NASDAQ:AAPL) ,

  • If you, like me, use Google’s (NASDAQ:GOOG) Gmail email service nearly all day for work and personal contacts, you may have be slightly overwhelmed with the quantity of emails that pour into your inbox day after day. However, Google as always, is looking to make your life a little simpler through an enhanced version of

  • The Winklevoss twins are perhaps best known for their feud with Facebook (NASDAQ:FB) , which they claim was an idea stolen from them by Mark Zuckerberg. In addition to claiming to be co-founders of the world’s leading social media website, the twins have been pursuing various investment opportunities. One of those opportunities is bitcoin, a crypto-currency

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