Facebook Inc (NASDAQ:FB) is known around the world as the leading social network platform. The network boasts more than 1.2 billion monthly active users – and counting. The company is also known to be taking on rivals Google Inc (NASDAQ:GOOG) and Yahoo Inc (NASDAQ:YHOO) for the online advertisement revenue. Yet, there is one area of Facebook that is not very well understood. Facebook Inc (NASDAQ:FB) stock opened at $71.08 in last session, and closed at $69.80, while the day range of FB stock is $69.47-71.18.The stock showed a positive weekly performance of 1.96%.
Yelp Inc (NYSE:YELP) is proving that it is on the right track to a brighter future. The company managed to narrow losses beyond imagination in the recently released earnings results. Net loss of the most recent quarter was $2.1 million, a significant improvement from loss of $5.3 million in the year ago quarter. As if that was not enough, YELP managed to grow its revenue by 72 percent. Important metrics such as mobile user activity and monthly unique visitors were also incredible. The company stated that monthly unique visitors in the just reported quarter were up 39 percent to 120 million. And of these unique users, 53 million accessed the service on mobile devices, thus reinforcing efforts by the company to monetize its mobile platform. Besides the encouraging quarterly results, Yelp Inc (NYSE:YELP) also issued upbeat outlook for fiscal 2014 whereby it hopes to generate revenue in the range of $353 – $358 million, comfortably ahead of Wall Street estimate of $347.8 million. Yelp Inc (NYSE:YELP) stock opened at $99.80, in last session and closed at $97.25, by loosed -0.56%. The 52 week range was $22.48-$101.75.Company’s market capitalization is $6.43 billion.
The Apple Inc. (NASDAQ:AAPL) revealed that in 2013, it realized more than 10 percent of its revenue from business with iPhone maker Apple Inc (NASDAQ:AAPL). That was the most that could be understood in the relationship between the companies. However, everyone else in Wall Street and everywhere else can only speculate what Apple Inc (NASDAQ:AAPL) is getting from Pixelworks, Inc. (NASDAQ:PXLW). Apple Inc. (NASDAQ:AAPL) stock loosed -0.06% and finished the last session at $530.44. The EPS of the stock remained 40.32.Company’s market capitalization is $473.39 billion.
Google Inc (NASDAQ:GOOG) CFO Patrick Pichette unloaded 1,443 shares of Google stock on the open market in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $1,222.31, for a total value of $1,763,793.33. Google Inc (NASDAQ:GOOG) stock opened the session at $1,226.80, and closed the session at $1,214.79. The 52 week range of the GOOG stock remained $761.26-$1,228.88 and the day range was $1,211.44-$1,226.99.