Wunderlich’s Hogan Says Facebook’s Mobile Working (Audio)

Art Hogan, chief market strategist at Wunderlich Securities, says Facebook’s second quarter earnings results, which beat estimates on several metrics and pushed its stock price up to a post-IPO record, is another sign that the company’s push into mobile advertising is not alienating its established users nor standing in the way of it attracting new users outside the U.S. He also looks at the latest earnings reports, from Caterpillar to AT&T to Ford Motors, and what they signal for the broader stock market. Hogan speaks with Bloomberg’s Kathleen Hays on Bloomberg Radio’s "The Hays Advantage”.

Running time 11:46

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