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Facebook keeps advertisers addicted after a year of scandals

Stocks could struggle in the week ahead if earnings reports focus on the murky economic outlook and negative impacts from the trade war.

After a rough two years since its IPO, Snap's stock is up 183% this year, outperforming every member of the S&P 500.

Amazon's biggest shopping event is here, and now one-day shipping is the norm for tens of millions of items available on Prime Day.

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Following Alexander Acosta's resignation as secretary of Labor, President Donald Trump now has at least 10 high-level acting officials in his administration leading agencies.

The European Central Bank is holding off from cutting interest rates to wait for more economic data, Volker Wieland from Goethe University Frankfurt told CNBC Thursday.

Facebook has had plenty of hot-water moments in the year since its CEO Mark Zuckerberg testified before Congress on the platform's data and privacy troubles.

With Facebook's level of reach, "It just makes sense to always recommend that to our clients," says Shuman Sahu, director of performance media at performance digital marketing agency Nina Hale.

Tom Buontempo, president of social media agency Attention, says any outrage around Facebook's scandals has been short-lived.

If there's any event that could drive advertisers away from Facebook, Sahu said, it wouldn't be bad press around a new privacy scandal.

Original article
Author: Cnbc

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