‘Too cheap to keep ignoring’: Wall Street thinks Facebook is set to soar because its loyal users outweigh its endless scandals (FB)
|07/24/2019||Posted by BusinessMediaguide.Com under General World News||
- Wall Street is bullish on Facebook as it prepares to announce its Q2 2019 earnings on Wednesday.
- The social network has faced constant scandals, but they haven’t really dented its bottom line.
- It’s due to be hit with a $5 billion fine from the FTC over privacy issues, but Wall Street has largely shrugged it off, viewing the core business as still strong.
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Facebook is about to get hit with a record-breaking $5 billion fine, but Wall Street isn’t going to let that spoil its love for the social networking company.
On Wednesday, Facebook read more >>>