Facebook Revenue, User Growth Miss Estimates as Scandals Hit

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Facebook Revenue, User Growth Miss Estimates as Scandals Hit

Facebook said it had 1.47 billion daily active users in June, compared with the 1.48 billion average of analysts' estimates compiled by Bloomberg.
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Facebook's Record Selloff Drags Down Other Tech Stocks

… 48 analysts covering the company, only two recommended selling the stock ahead of the earnings report, according to data compiled by Bloomberg.
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Facebook Suffers Worst-Ever Drop in Market Value

Facebook Inc. FB -18.96% suffered the biggest-ever one-day loss in market value for a U.S.-listed company, a punishing reversal for a company that has led a yearslong tech-stock surge.
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Amazon's Profit Soars to Record

Amazon.com Inc.'s AMZN -2.98% profit topped $2 billion for the first time, powered by the company's newer services businesses that are ushering the online retail giant into an era of swelling profitability.
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Virgin Galactic's VSS Unity Space Plane Aces Test Flight, Reaching Mesosphere for the 1st Time

Virgin Galactic's newest space plane took to the skies again today (July 26) for its third rocket-powered test flight, reaching higher in the atmosphere than the company had previously.
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