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Transcripts For CNBC Squawk Alley 20240622

Facebook shares in the red. Even though results did beat on the top and bottom line. Total revenue up 39 . Some of the decline possibly attributed to the surge in spending. With expenses up 82 . On the call, Mark Zuckerberg continued to tout progress with video. Take a listen. Video continueses to be some of the richest and most engaging content for people and publishers and since the start of the year, pages are also sharing 40 more video. We updated our news feed ranking to help people see more of the videos they care about and techting option force video monetization to help our partners build their businesses. Jon, 24 hours ago you said it would be the line item to much with and a its clearly the focus. Given the fact that facebook ran up so much over the past several weeks, this level is just about where it was trading two weeks ago. When you think about it in those terms, not necessarily that bad. But so much of what facebo ....

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