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September 01, 2020 10:27am
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Facebook ‘seems to be in a sweet spot’ with surging ad sales, spike in non-ad business

Facebook Inc.'s stock is up 6%, and if it currently holds through Thursday's close, it will be at a record high. This comes as no surprise to financial analysts, who showered the social-networking giant with praise following another blockbuster quarter of advertising sales as well as a spike in non-ad revenue.
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