Facebook soars after it crushes earnings, posts record profit

    KEY POINTS Daily active users grow in every geographic area, reversing a downward trend in Europe and a plateau in North America. Average revenue per user, or ARPU, crushes analyst estimates, at $7.37 — a 21 percent increase from last quarter, and a 19 percent increase from last year. Facebook and CEO Mark […]

The most important things we learned from Apple’s earnings call

Apple may have pre-announced its revenue shortfall in early January, but the company offered plenty of important updates and details about the state of its business, and of the broader economy, during its official earnings call on Tuesday. From the state of consumer demand in China to the growth in streaming media, Apple’s business stretches across […]