Facebook in class of its own as ad revenue soars

Wow. After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares, which touched a record high of $120.79 on Thursday, closed up 7.2 percent at $116.73, giving a $22 billion boost to the social networking company's market value.

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