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StockWatch: Facebook Surpasses but Warns of Slowdown

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Facebook beats earnings expectations, however warned of a significant growth slowdown for the rest of the year.

This caused shares to fall as much as 5%, as it saw no significant increase in daily and monthly active users.

Pfizer saw Q2 financial results also beat Wall Street expectations on earnings and revenue.

Pfizer sold $7.8 billion in Covid shots in the second quarter and raised its 2021 sales forecast.

Timestamps:

  • FB 02:25
  • PFE 03:50

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