FACEBOOK


facebook shares jump 12% as mobile ads win big . Facebook shares surged 12% in premarket trading on thursday after smashing ad sales powered the company's quarterly results its status as one of the most technology players in industry.

Jump in shares was set to add 33$ billion to facebook's market value , they were putting company to track to re-enter 300$ billion club they also presented a sharp contrast to Apple inc's fate , it's impressive showing bucked the trend of results from the iphone maker & one time wall street darling eBay inc

Facebook built a remarkable ad platform that enables marketers of all stripes to serve nearly every consumer on the planet

it saw nothing that indicated marco weakness, & we think results bode well for the other online ad names like Alphabet it is set to result on feb1

we belive facebook is well positioned to increase its share of digital ad spend as well as to help grow the overall category given its reach & effectiveness for  advertisers in Goldman sachs analyst said in a broker note




The median target on the stock is 140$,suggesting that facebook could add 129$ billion in market value over the next 12 months
They said facebook's photo-sharing instagram , in particular,was poised to become a material contributor to revenue in 2016.