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MARKETS LIVE BLOG:

STOCKS EXTEND GAINS AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Stocks making the biggest moves after hours: Facebook, Microsoft, Tesla and more

Maggie Fitzgerald

Shares of Facebook FB popped more than 7% in extended trading Wednesday following the release of the social media giant's first-quarter earnings . Facebook reported earnings per share of 85 cents, which was not comparable to analysts' estimates due to a $3 billion legal expense related to a Federal Trade Commission inquiry into Facebook's privacy policies. Revenue came in at $15.08 billion, topping Wall Street's $14.98 billion forecast, according to Refinitiv.

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