Facebook Inc (NASDAQ: FB) is scheduled to report its second quarter earnings after the closing bell on Wednesday. R.W. Baird tech specialist, Rob Oliver, was on CNBC to discuss what kind of numbers are investors expecting from the company to release.
One of the biggest advantages that Facebook Inc. (NASDAQ:FB) enjoys over Youtube is the huge user base. The social media giant can show any video that it wants on the news feed of its users, and chances are that they will play it.
Facebook Inc (NASDAQ: FB) shares are trading higher by $0.81 at $96.10 in Wednesday's session. The issue is adding to its rally that began yesterday when the issue bottomed at $93.31 and rallied to close at $95.29.
Call options outnumbered put options 2 to 1 and Nathan believes that traders are placing bullish bets in case a move similar to the one in Google Inc (NASDAQ: GOOGL) and Amazon.com, Inc. (NASDAQ: AMZN) happens. He is not bullish on the name and he ...