Yesterday night, before calling it a day, I got a shock when checking my POEMs app that one of the stock that I have micro-holding, Facebook, shoot up 7+% to USD76.74, which is the 52-weeks high. This morning, I noticed that it ends the day with USD74.98 (up 5.17%).
I guess you folks might know that it is due to its Wall Street beating Q2 results (which was released on Wednesday), following are some quick summary of the Q2 results of Facebook :
1. Revenue raised about 60% to USD2.91 Billions (as compared to the same quarter last year)
2. Net Income raised about 137% to USD791 millions (as compared to the same quarter last year)
Most of the revenue are from their ads, especially through the mobile channel. It looks like 2014 will be another bumper year for Facebook.
As Facebook is my maiden US Stock which I ...
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