Facebook Ad Rates Will Soon Match Google's: Pachter

July 25 (Bloomberg) -- Michael Pachter, managing director of equity research at Wedbush, explains his upgrade of Facebook stock due to the growth in advertising revenue as their ad rates begin to climb and the potential for monetizing Instagram in the next year. He speaks on Bloomberg Television's "Market Makers."

U.S. First-Quarter GDP Only Rose 0.7 Percent
49:08 - Bloomberg's Kathleen Hays reports on Fed policy and the state of the U.S. economy. She speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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