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Twitter and Amazon release their earnings

Analysts expected a hike of 14 cents per share in Twitter’s Q3 earnings, but Twitter upped that to 21 cents per share. Refinitv ran a speculative survey that proposed revenues of $702.6 million but again, Twitter overreached, coming in at $758 million. Twitter’s user base is well below Facebook, but the platform is taking measures to enhance active use. It was thought user numbers for Q3 would hit 330.1 million, but they fell behind at 326 million.

My Top 3 Ways To Diversify An ASX Share Portfolio

That was the big news last week when the social media giant reported disappointing results. But a few weeks before that Facebook was one of the market’s darling stocks. It is part of what is called the 
FANGsFacebook, Apple Inc (NASDAQ: AAPL), Netflix Inc (NASDAQ: NFLX) and Google (owned by Alphabet Inc). It is a formidable group of companies that have led the US stock markets higher over the past several years.