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Fri Oct 30, 2020, 10:17 AM

 

The Invisible Hand strikes again!

Facebook reports a decline in users in the U.S. and Canada (CNBC)

* Facebook stock remained relatively flat on Thursday after the company reported a decrease in users in the U.S. and Canada but moderate revenue growth in its third-quarter earnings.

* In the U.S. and Canada, Facebook’s user base fell to 196 million daily active users from 198 million a quarter earlier.

* The StopHateForProfit ad boycott did not seem to impact the company’s advertising revenue, which was up 22% compared to a year ago.

(more)

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Reply The Invisible Hand strikes again! (Original post)
tgenerico Oct 2020 OP
exboyfil Oct 2020 #1
5X Oct 2020 #2

Response to tgenerico (Original post)

Fri Oct 30, 2020, 10:20 AM

1. Of course revenue is up

It is an election year.

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Response to tgenerico (Original post)

Fri Oct 30, 2020, 10:22 AM

2. Here's why...

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