Facebook in class of its own as ad revenue soars
After underwhelming results from Apple Inc , Google Inc and other big tech names, investors finally found a friend in Facebook Inc after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares jumped 11 percent to a record high of $120 in early trading on Thursday, giving a $30 billion boost to the social networking company's market value. "FB remains in a class by itself across the combination of scale, growth, and profitability," J.P. Morgan Securiti
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