Detailed text transcripts for TV channel - FOXNEWS - 20180726:20:03:00
History. their stock plunged 19%. just over 18 on the down side. so facebook missed quarterly revenue forecast. what was more concerning to investors was the outlook statement. so the social networking company said their revenue growth rate will slow from last year. part of the reason, facebook is going to be investing more to focus on privacy. they're going to be spending more money to accomplish their goals. the cfo making a specific statement saying they're going to invest billions per year inproving safety and security where they went through the fake news and election meddling came up. th...
Source: news source