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Earnings Season: Will Facebook match Amazon?
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Amazon’s quarterly earnings took the market by storm and the stock surged. So will Facebook be able to do the same when the tech firm reports its Q2 results?
Saxo Bank’s Mads Koefoed previews the earnings report and what to watch out in the report. He also looks at whether the stock, which is expensive compared to the rest of the market, can continue to rise.
Facebook is scheduled to report its earnings on Wednesday July 29 after the US market close.