Saul Loeb | AFP | Getty Images
Facebook founder and CEO Mark Zuckerberg will witness after a break during a Senate trade, science and transportation committee and Senate judiciary joint hearing on Facebook on Capitol Hill in Washington, DC.
Facebook reports fourth quarter earnings after the clock Wednesday.
Investors will be looking for an update of this number and on the earnings of ads within the stories when Facebook reports.
The company, which previously announced its investment in Stories, could help slow down sales growth in the second half of the year. Third quarter net sales rose 32.9 percent year-on-year, breaking a 12-quarter growth rate of over 40 percent.
Expected revenue in December quarter of DKK 16.39 billion. USD marks a growth of 26.3%. 19659012] Facebook has also dumped money into its dedicated video fan, called Facebook Watch, its long-form Instagram product called IGTV and its Craigslist competitor, Facebook Marketplace. The company also supports investments in cyber security – in the wake of computer scandals and content modulation clubs – an expected increase in expenses is added.
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