Scalper1 News
Facebook (FB) received another optimistic report about rising ad revenue from Instagram and future revenue from its new virtual reality headset, just ahead of fourth-quarter earnings. Nomura analyst Anthony DiClemente raised his 2016 revenue outlook on Facebook by $800 million to $24 billion, saying checks with digital marketing firms suggest ads on Facebook’s photo- and video-sharing site Instagram are accelerating. Facebook has taken a Scalper1 News
Scalper1 News