Facebook's profit surge sends Wall Street mostly higher

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The social media giant's share price surges 11 per cent after posting a stronger-than-expected profit, despite last year's data security scandals. The Australian dollar continues to rise following the Fed's tilt towards slower interest rate hikes.

 

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. The Cambridge Analytica scandal was NEVER going to hurt Facebook. It was the best ad they could get to prove their marketing is more effective than traditional media & a kick in the pants to managers who hadn't yet transferred promo budget to Facebook. Oh, & people be stupid.

People still use Facebook after all the privacy issues? Idiots

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Aussie dollar, Wall St surge after Fed keeps interest rates on holdThe Australian dollar surges to its two-month high on the back of a weaker greenback. The Dow Jones jumps more than 400 points after the Fed keeps US interest rates unchanged. There had never been anything wrong with US economy at all, other than the anti Trump doomsayers.
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Wall St trades cautiously amid US-China talks and consumer confidence at 1.5-year lowWall Street trades mixed as investors digest the weakest consumer confidence results in one-and-a-half years, and await Apple's upcoming quarterly results, the pending Fed interest rate decision and the latest US-China trade talks.
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