Earnings Highlights: Facebook and Snap
In this week's episode of Industry Focus: Tech, host Dylan Lewis and Motley Fool contributor Evan Niu check in on earnings from two social media giants. Snap (NYSE: SNAP) popped 20% after reporting, and a lot of its numbers are trending in the right direction. The unprofitable company still isn't without some big risks, though. Meanwhile, Facebook (NASDAQ: FB) continues to step in it with privacy concerns -- every week seems to bring us news of another screw up. But at the same time, its user numbers just keep rising, and it's raking in money hand over fist. What needs to change to get Facebook to actually value user privacy? Can Snap maintain this winning streak? Tune in to learn more.
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