Live Breaking News & Updates on Suntrust Bob Peck Manning

Stay updated with breaking news from Suntrust bob peck manning. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For CNBC Fast Money 20240622



those losses right after the numbers came out. and one of the reasons facebook shares may have traded lower is because the stock had run up so much in anticipation of strong earnings in a quarter where the company beat pretty much across the board. revenue, earnings and user numbers all better than expected. cfo david wayner who we spoke to right after those numbers were out telling us that video as well as growing engagement particularly on mobile devices are factors driving results. we have nearly 1.5 billion users on facebook. that s nearly half the world s online population. and that s growing very nicely. we added 173 million people to facebook year over year. that s our strongest growth in nearly two years. and those people are coming back. we ve got 65% of our monthly users coming back every day. on the earnings call we re going to be looking for more insight into the success of those video ads as well as the role of instagram ads. and we re going to be looki ....

China , United-states , New-york , California , Macau , San-francisco , America , American , Facebook-panera , Suntrust-bob-peck-manning , Sun-edison , Bertha-coombs