A day after the congressional grilling, Facebook (NASDAQ: FB) reported second-quarter financial results after the closing bell on Thursday. The social media giant posted revenue and earnings that were stronger than what the street had anticipated.
FB shares gained 7.7% immediately following the announcement. The stock has gained a modest 11% since the beginning of this year.
On Wednesday, Facebook chief Mark Zuckerberg, along with the CEOs of peers Apple (NASDAQ: AAPL), Alphabet (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) presented themselves before the congress to testify in an antitrust hearing. During the hearing, Zuckerberg was faced with some difficult questions relating to its ad revenues, acquisition strategy and strategies to combat hate speech and political propaganda.
Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales