Welcome to the Tech Meam Ride Home for Thursday, April 25th, 2019. I'm Brian McCullough.

Today, it's just an earnings bonanza.

Facebook?

Good.

Tesla bad.

Microsoft, really good.

In fact, King of the world again.

Nintendo?

Not so much. Oh and the whole

Loominary Podcast Wars Game of Phones as Nick Qua called it had a crazy new wrinkle

today. Here's what you missed today in the world of tech. We are deep in

the meat of tech earnings season now for sure. Facebook last night reported Q1 revenue of 15.08 billion dollars. Up 26% year on

year on advertising revenue of 14.91 billion dollars, which was also up 26% year over year.

Facebook's stock opened up significantly on news that was essentially a beat, but what raised eyebrows for some was that it did so despite

this other news. Facebook also disclosed that it expects to get hit with a three to five billion dollar fine

from the Federal Trade Commission and is thus setting aside money to pay for that.

But wait, wouldn't investors be upset to learn that Facebook

would be hit with billions of dollars and fines?

Well no actually because that number is more than manageable for Facebook.

15 billion in revenue, I just said.

And in fact, with the stock up,

it's added something like 20 billion dollars in market cap overnight,

...