StockWatch: Facebook Surpasses but Warns of Slowdown
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