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.
Philip Morris International Inc. (NYSE: PM) reported Third-quarter 2021 earnings results today. Net revenues increased 9% year-over-year to $8.1 billion. The reported net income amounted to $2.42 billion compared to
Halliburton (NYSE: HAL) reported third-quarter 2021 financial results before the regular market hours on Tuesday. The company reported Q3 revenue of $3.9 billion, up 30% year-over-year and lower than the
Johnson & Johnson (NYSE: JNJ) reported third-quarter 2021 financial results before the regular market hours on Tuesday. The pharmaceutical giant reported revenue of $23.3 billion, up 10.7% year-over-year, with operational