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).
Stocks fell on Wall Street’s first trading day of 2023 after closing out its worst year since 2008. Investors will be closely watching moves by central banks in coming months to fight inflation with higher interest rates.
