Wednesday 29 April 2020

Facebook sees 'signs of stability' in ad spending after coronavirus drop

Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday and said it has seen "signs of stability" for sales in April after a plunge in March, in yet another signal that tech giants may weather the coronavirus-induced economic collapse better than other sectors.


from Reuters: Business News https://ift.tt/3cS3f6y

No comments:

Post a Comment

Here's how to invest in the Q3 earnings season as profits re-accelerate despite misplaced recession myths

getty Earnings likely grew for the fifth consecutive quarter in Q3. Top strategists are eyeing 2025 results ahead of what's likel...