Snap surges 23 percent, Twitter gains as stocks rise on strong earnings ...Middle East

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Snap surges 23 percent, Twitter gains as stocks rise on strong earnings
source : New York Post ( Middle East ) () 15
Wall Street’s main indexes rose Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints. Twitter gained 1.3 percent after it reported higher quarterly revenue growth, while Snapchat-owner Snap Inc surged 22.9 percent on beating estimates for user growth...

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