The social media giant reported better-than-expected earnings, despite questions about its privacy and data security. But the real impact of the Cambridge Analytica scandal will only be reflected in the next quarter, says Damon Beres, Executive Editor at Mashable.
For full interview, [click here](https://cheddar.com/videos/facebook-soars-on-earnings-beat).
Bud Light's parent company expressed confidence Thursday that its U.S. market share has stabilized after a promotion with a transgender influencer cost it sales.
Earnings kicked off into high gear as Anheuser-Busch posted results on Thursday as Apple and Amazon are set to announce their financials later in the day.
Investors weren't jolted by the downgrade because they already know the fractured state of U.S. politics, the size of the country's public debt, and the challenges it faces to pay for Social Security, Medicare and other expenses.