More specifically, Facebook's revenue climbed an incredible 45% year over year to $9.3 billion, 98% of which came from its advertising business.
Digging deeper, Facebook also increased its daily and monthly active users by 17% year over year, to 1.33 billion and 2.01 billion, respectively.
So while it was no surprise to see Facebook stock pop following its stellar quarterly report last month, I see no reason it can't continue creating shareholder value going forward.
10 stocks we like better than Facebook.
purchased a new position in shares of BT Group PLC during the first quarter valued at about $1,557,000. Institutional investors own 1.03% of the company’s stock.
Advisors Asset Management Inc. raised its position in shares of BT Group PLC by 1,155.3% in the first quarter.
com to get the latest 13F filings and insider trades for BT Group PLC (NYSE:BT).
Finally, Zacks Investment Research lowered BT Group PLC from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.
Insiders sold a total of 299,911 shares of company stock valued at $46,557,634 over the last ninety days.
In related news, insider Craig Federighi sold 63,163 shares of Apple stock in a transaction dated Monday, August 7th.
Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Apple in a research note on Tuesday, April 25th.
Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Apple in a research note on Tuesday, April 18th.
BlueCrest Capital Management Ltd boosted its position in shares of GlaxoSmithKline PLC by 293.5% in the first quarter.
Anchor Capital Advisors LLC boosted its position in shares of GlaxoSmithKline PLC by 9.6% in the first quarter.
Berenberg Bank raised shares of GlaxoSmithKline PLC from a “hold” rating to a “buy” rating in a research report on Friday, May 26th.
TheStreet raised shares of GlaxoSmithKline PLC from a “c” rating to a “b” rating in a research report on Friday, May 19th.
Now, there are apps infecting gadgets with spyware that actually made it into an official app store.
Researchers with Lookout have discovered over a thousand spyware apps that are infecting Android gadgets.
If you find a review warning the app is malicious, do NOT download it.
Only download apps from the Google Play Store - Even though some malicious apps make it into the Play Store, it does have a more thorough screening process.
My updated story for Tesla is close to the story that I was telling in July 2016, with two minor changes.
I have been following Tesla for a few years and rather than revisit the entire history, let me go back to just my most recent post on the company in July 2016, where I called Tesla the ultimate story stock.
That is incongruent with Elon Musk’s own story of Tesla as a company that is more technology than automobile and one that plans to change the way the auto business is run.
In my valuation, I assume an operating margin of 12% for Tesla, almost double the average of 6.33% for global auto companies.
Westwood Holdings Group Inc. now owns 2,950 shares of the pharmaceutical company’s stock worth $124,000 after buying an additional 400 shares in the last quarter.
Proficio Capital Partners LLC now owns 2,844 shares of the pharmaceutical company’s stock worth $122,000 after buying an additional 1,990 shares in the last quarter.
Citigroup Inc. reissued a “neutral” rating on shares of GlaxoSmithKline PLC in a research report on Thursday, July 27th.
TheStreet lowered shares of GlaxoSmithKline PLC from a “b” rating to a “c+” rating in a research report on Wednesday, July 26th.
Several analysts have recently updated their ratings and price targets for Royal Dutch Shell Plc (LON: RDSA):.
7/13/2017 – Royal Dutch Shell Plc had its “overweight” rating reaffirmed by analysts at Barclays PLC.
They now have a GBX 2,750 ($35.83) price target on the stock.
They now have a GBX 2,600 ($33.87) price target on the stock.
Eddy Motorworks took this platform and combined it with Tesla Model S motors to make the Electrocet—a turn-key toy that brings the feel of motorsport's next generation to your fingertips.
Such is the case with this Exomotive track machine developed by Eddy Motorworks for SEMA 2017. But instead of just sitting at a show booth, this is a weapon that actually performs, weighing under 2,000 pounds and boasting a sub-three second 0-60 time and an all-electric range of over 250 miles.
To the Eddy Motorworks team, the Electrocet is about creating a track car of the future with technology that exists today.
" Additionally, the team looks to display everything that electric track cars have to offer to even the most enthusiastic gearheads.