Facebook revenue rises 48%, driven by higher-priced ads

FAN Editor

Facebook stock price was up as much as 6% in after-hours trading on Wednesday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue. Here’s how the social media giant fared in the quarter, relative to estimates compiled by Refinitiv: Earnings: $3.30 per share vs. $2.37 […]

Qualcomm revenue pops 52% on strong smartphone demand

FAN Editor

Steve Mollenkopf, chief executive officer of Qualcomm Inc., speaks during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., U.S., on Thursday, Dec. 6, 2018. The summit features discussions with Americas top chief executive officers, government leaders and industry experts on ideas and policies. Photographer: Andrew Harrer/Bloomberg via Getty […]