Quarter. Its ad business crushed wall street predictions as its fast growing number of users post like and share content. The Company Earned 97 cents a share. Estimates were for 82 cents. In more than 6. 4 billion in revenue. That tops expectations and it is up more than 59 from a year ago. That sent shares soaring initially in after a hours trading and if the after hours gain holds, it puts facebook on track to become one of the most valuable u. S. Companies, making it about the same size if not bigger, than exxon mobil. The key take away from facebooks earnings, the social network is growing across the board. The key metric showed facebooks gr in terms of revenue and earnings, as well as users. The companys average revenue per user grew to 3. 82. More than a dollar more per user than a year ago. Facebook cfo telling me that while facebook is seeing fwrout in facebook and instagram ads, theres really an across the board increase in demand for ad, particularly on mobile devices. He say
Quarter. Its ad business crushed wall street predictions as its fast growing number of users post like and share content. The Company Earned 97 cents a share. Estimates were for 82 cents. In more than 6. 4 billion in revenue. That tops expectations and it is up more than 59 from a year ago. That sent shares soaring initially in after a hours trading and if the after hours gain holds, it puts facebook on track to become one of the most valuable u. S. Companies, making it about the same size if not bigger, than exxon mobil. The key take away from facebooks earnings, the social network is growing across the board. The key metric showed facebooks gr in terms of revenue and earnings, as well as users. The companys average revenue per user grew to 3. 82. More than a dollar more per user than a year ago. Facebook cfo telling me that while facebook is seeing fwrout in facebook and instagram ads, theres really an across the board increase in demand for ad, particularly on mobile devices. He say
Packing his bags for beijing, assuming Senate Confirmation the next u. N. Ambassador to china. The president elect has a new title today as well. Time magazines person of the year, and while we watch the daily ins and outs and Donald Trumps tower, also here in washington, d. C. , the site of celebrations getting underway for bahrains national day. Joining me now to connect all of these dots are cnn Global Affairs correspondent elyse lavette and Jessica Schneider in new york. Jessica you first. As we hear who is likely to be the next ambassador to china, why branstat . Governor brenstat earning praise from the Trump Transition Team today saying he as an immense knowledge of china and the chinese people. Actually a longstanding friendship with president xis china dating back to the mid1980s when president xi was studying agriculture as an official in china, came to iowa to study things and when he formed a friendship with the governor. In fact, the governor had president xi for an lelabo
Investigation of his rivals. Folks at the pentagon told to hold the aid. Michael duffy saying, quote, given the sensitive nature of the request, i appreciate your keeping that information closely held. So what does this do to the stalemate over the senate trial . Heres what Majority Leader Mitch Mcconnell said just this morning. We havent ruled out witnesses. Weve said lets handle this case just like we did with president clinton. Fair is fair. Were at an impasse. We cant do anything until the speaker sends the papers over. So everybody enjoy the holidays. And then some. And at any moment, Mitch Mcconnell is expected to be holding a News Conference in louisville, kentucky. Well be monitoring that for you, bringing you news from that. First of all, joining me now is congressional reporter lauren fox. Shes on the hill. When you heard from Mitch Mcconnell there and you see those emails that were released through a freedom of information act from michael duffy, democrats are not letting th
Report on President Trumps personal lawyer Rudy Giuliani. The New York Times reports giuliani is said to be under investigation for his work in ukraine. Giuliani tells nbc news hes not aware of any probe and says he has not been interviewed by the fbi, but two people familiar with the case telling the New York Times that manhattan federal prosecutor think that giuliani may have broken lobbying laws while undermining a former u. S. Ambassador to ukraine. Today the president seemed to support giuliani again. At least on twitter, claiming theres a deep state witchhunt thats now after giuliani. Nbc News National political reporter Josh Letterman is live in washington, d. C. Following this. Josh what more are we learning about the new details . Reporter were learning that federal prosecutors according to the New York Times are interested in whether Rudy Giuliani and these it two associates of his, lev parnas and igor fruman were working to try to undermine ambassador yovanovitch and get her