It's Thursday January 31st. Welcome to Market Foolery. I'm Chris Hill joining me in

studio. We've got a lot of news and fortunately Jim Mueller is here to help us out.

Thanks for being here. Thanks Chris. We've got

Microsoft we've got Visa and we're not going to get to those. Like this is

one of the this is earnings Palusa week. We have so many things going on we

will probably get to those two on Motley Field

money this weekend. For our purposes today we've got PayPal's latest results. We've

got executives that are very much in the news. We're going to start with the

social network. Facebook's fourth

quarter revenue grew 30%. Profits came in higher than expected. Facebook shares

up 12% this morning. That is the biggest gain for the stock post earnings in three years.

Yeah. I guess my first question is, are you surprised? Because based on the coverage I've seen there are definitely people out there who are surprised because 2018 from a headline perspective not a good year for Facebook?

No, it was a terrible year for Facebook and they had been guiding more expenses because of all the scrutiny they had been under and everything else.

But I think what's helping to drive the results this time is that Mark Zuckerberg, the CEO, said,

hey guys, we're kind of done with all those, I mean we're gonna still have higher expenses than in years past but we've got I've got a

quote here we've made real progress in many of these areas about improving security

content governance data privacy that kind of stuff.

That's what everyone's been worried about.

And Zuckerberg said, quote, we've made real progress.

In many of these areas, we believe we built the most advanced systems in the world and in many cases more

advanced than any other company or government. Well that's bold. Yeah it is it is and

and that if I was worried about the Facebook's privacy stuff, then yeah, those words will

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