Facebook navigating in a new direction?
In this installment of Investor Beat: the social networking giant explores buying the map app Waze.
What would a Waze deal mean for the future of Facebook? What would it mean for investors? In our lead story on Friday's Investor Beat, Motley Fool analysts James Early and Matt Koppenheffer tackle those questions.
Also making news during Friday’s market action, and covered in Investor Beat:
- Shares of Gap (GPS) rise after the retailer reports strong same-store-sales growth in April.
- Tesla (TSLA) picks up even more speed, one day after reporting its first-ever quarterly profit.
- Activist investor Carl Icahn proposes a new buy-out deal for Dell (DELL).
- Universal Display (PANL) slips after reporting a $5 million quarterly loss.
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The solid report comes a month after the retailer closed all of its Canadian operations.
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