Arab Today, arab today facebook hits alltime high amid tech euphoria
Last Updated : GMT 05:17:58
Arab Today, arab today
Arab Today, arab today

Facebook hits all-time high amid tech euphoria

Arab Today, arab today

Arab Today, arab today Facebook hits all-time high amid tech euphoria

Shares in Facebook rallied
San Francisco - AFP

Facebook shares lifted Friday to an all-time high, crossing $100 for the first time, during a rally in the technology sector on Wall Street.

Shares in Facebook rallied 2.5 percent to close at a record $102.19, to give the world's biggest social network a market value of $288 billion.

While Facebook has seen ups and downs since its stock market debut in 2012 -- hitting a low of $17.73 in September 2012, it has been on a tear as it leverages its billion-plus audience to bring in advertising revenues.

The record close comes a day after a spectacular day for tech sector earnings: Amazon, Google and Microsoft all beat expectations and saw strong gains as well.

Microsoft rallied 10 percent, Google jumped eight percent and Amazon six percent in a strong day for the sector.

Facebook, which releases its quarterly earnings November 4, this week announced an effort to expand its search options, allowing users to dive into the more than two trillion posts on the network.

One tech firm did not join the party -- online radio giant Pandora Media plunged 35 percent after its earnings update raised concerns about its future path.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today facebook hits alltime high amid tech euphoria Arab Today, arab today facebook hits alltime high amid tech euphoria

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Hamas leader accuses Israel

GMT 11:43 2017 Tuesday ,28 March

Hamas leader accuses Israel
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people

GMT 03:53 2017 Thursday ,23 March

2 more global giants pull Google ads

GMT 00:43 2017 Thursday ,23 March

Thank you for your unflinching support

GMT 08:43 2017 Wednesday ,22 March

AGU Alumni Association launches new identity, website

GMT 23:16 2017 Monday ,20 March

Look: Dubai has the world's 'happiest tower'

GMT 00:44 2017 Sunday ,19 March

Federal Prosecution for cybercrimes established
View News in Arabic - Media: انترنت
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday