(WISH) – Facebook just reported another blowout quarter, and the World Series has been as good for business as it has for baseball.
Wednesday night’s World Series game was big for business as well as baseball fans.
Cleveland hotel rates skyrocketed in advance of the game.
Both presidential candidates bough commercials. The market price for an ad during game 7 was $500,000. Chicago AirBnB hosts made $2.6 million during the World Series game.
In other business headlines, Facebook’s audience continues to expand and with that comes ad revenue.
The social networks mobile ad business is doing really well, and it’s still gaining users. Investors were worried that Snapchat was sealing new growth.
For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.