https://apnews.com/a7e35ae1577962c18e1acdd60849f082

Facebook's stock jumped Wednesday after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue.

The company said it earned $9.5 billion, or $3.30 per share, in the January-March period. That's up 94% from $4.9 billion, or $1.71 per share, a year earlier.