NEW YORK (TheStreet) -- On the surface, Facebook's (FB) second-quarter earnings report was scary-good enough. But the details under the hood held even more ammo for investors who want to bet that Federal Reserve Chair Janet Yellen is wrong about social networking stocks.
The numbers knocked the snot out of Wall Street's expectations. Revenue of $2.91 billion was $100 million more than forecast, and earnings per share of 42 cents beat forecasts by a dime. The really impressive part, though, was the breadth in the number and platforms and types of advertising Facebook is now beginning to move.
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