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Facebook Shares Rally After Earnings Release

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  • Description

    FBN’s Nicole Petallides breaks down the stocks moving the markets.

  • Duration 1:08
  • Date

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New York Stock Exchange to call the big story the morning so far I think he's FaceBook.

Quieting those who doubt that this -- while business would bring get any money from challenger.

One of the banks.

Take a look at FaceBook today it's at 22%.

Of course it's not a 38 dollars BI PO price in -- However you have all the analysts jumping on board now with -- ratings they love the second quarter earnings report I think point 2% pay eight point 3%.

Thom -- will take that that is a different story at Netflix I think profit was down what 88 nearly 90%.

The company lowered expectations about new subscribers coming on board it's gotta be down -- In the meantime CEO Reed Hastings is saying hey we're happy with the subscribers were adding but the truth is that going to be paying a lot of money to expand internationally.

Stock is down to the downside today as we are -- and they see negative free cash flow for several quarters that doesn't sound that doesn't taste.

You know what you know I downgraded to the regular -- because it is cheaper from Starbucks today yes I went all out and -- -- paid.

Gonna have -- must tell you don't know too much caffeine.

I got a break --

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