Facebook’s Revenue Picture
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 26 July 2018
⏱️ 19 minutes
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Summary
Facebook shares plummet after the social network’s CFO makes it clear that revenue is going down in 2018. Troy Springer and Maria Gallagher analyze the damage, as well as Spotify’s 2nd-quarter results. Plus, they share why General Mills and Stitch Fix are on their radar. Thanks to LinkedIn for supporting The Motley Fool. Go to https://www.linkedin.com/fool and get $50 off your first job post.
Transcript
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| 0:00.0 | Thanks to LinkedIn for supporting this episode of Market Foolry. |
| 0:02.6 | LinkedIn jobs matches people to your role based on more of who they really are, |
| 0:07.8 | their skills, interests, and even how open they are to new opportunities. |
| 0:12.4 | For $50 off your first job post. and even how open they are to new opportunities. |
| 0:12.6 | For $50 off your first job post, |
| 0:15.2 | go to LinkedIn.com slash fool. |
| 0:17.2 | That's LinkedIn.com slash fool. |
| 0:20.4 | Terms and conditions apply. |
| 0:25.0 | It's Thursday, July 26th. Welcome to Market Fullery. |
| 0:27.0 | I'm Chris Hill joining me in studio, Troy Springer, |
| 0:30.0 | and for Motley Fool Asset Management, |
| 0:32.0 | Maria Gallagher. |
| 0:33.8 | Thanks for being here. |
| 0:34.8 | Thanks for having us. |
| 0:35.8 | We've got Spotify, we've got a couple of stocks on our radar, but our lead story today |
| 0:41.4 | and when I think about it, it's probably going to be the lead story on |
| 0:44.6 | notly full money this weekend. |
| 0:46.2 | It is of course Facebook. |
| 0:49.2 | Wow. |
| 0:50.6 | Second quarter profits came in slightly higher than Wall Street was expecting and |
| 0:55.2 | Troy Wall Street could not have cared less about the profits because Facebook |
| 0:59.8 | CFO on the conference call painted an incredibly clear picture of revenue for |
... |
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