Facebook Beat Estimates on Profit, Revenue and New Users

The transcript discusses Facebook's financial growth, driven by mobile advertising and a new stock proposal by CEO Mark Zuckerberg to maintain control. It highlights Zuckerberg's long-term vision, focusing on virtual reality and AI. The discussion compares Facebook's performance with competitors like Alphabet, Amazon, and Netflix, noting Facebook's positive shareholder returns. The conversation also explores investment opportunities in technology stocks, emphasizing Microsoft's potential and the importance of long-term growth strategies.

What was the main reason for Facebook's significant increase in earnings?

• Reduction in operational costs

• Introduction of new products

• Expansion into new markets

• Boom in mobile advertising

Why did Mark Zuckerberg propose a new class of nonvoting shares?

• To attract new investors

• To reduce company debt

• To maintain control while making long-term investments

• To increase shareholder dividends

What are some of the ambitious projects Zuckerberg is focusing on?

• E-commerce and logistics

• Virtual reality and artificial intelligence

• Healthcare and biotechnology

• Renewable energy and sustainability

Which company issued a special share class in 2014 similar to Facebook's proposal?

• Alphabet

• Microsoft

• Amazon

• Netflix

Which technology stock is mentioned as being undervalued and a potential core holding?

• Apple

• IBM

• Tesla

• Microsoft