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Twitter numbers paint grim profitability picture

Twitter numbers paint grim profitability picture

Published 10/02/2017

A 3D printed Twitter logo is seen in front of displayed stock graph in this illustration picture made in Zenica, Bosnia and Herzegovina, February 3, 2016. REUTERS/Dado Ruvic

Twitter Inc's (TWTR.N) desultory earnings report on Thursday show a company with no evident path to profitability, as core costs climb more quickly than revenue while user growth stagnates.

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LPL Financial fourth-quarter profit surges despite regulatory uncertainty

LPL Financial fourth-quarter profit surges despite regulatory uncertainty

Published 10/02/2017

Independent brokerage LPL Financial Holdings Inc posted a fourth-quarter profit that surged 56 percent as an increase in advisory assets helped soften the costs of an uncertain regulatory environment.

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Graphics-chip maker Nvidia`s revenue beats expectations

Graphics-chip maker Nvidia`s revenue beats expectations

Published 09/02/2017

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo

Nvidia Corp's quarterly revenue surged more than 50 percent for the second straight quarter and beat expectations, helped by rising demand for its graphics chips and strength in rapidly growing areas such as self-driving systems and artificial intelligence.

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Twitter advertising revenue falls, shares drop more than 10 percent

Twitter advertising revenue falls, shares drop more than 10 percent

Published 09/02/2017

People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken in Warsaw September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo

Twitter Inc (TWTR.N) posted the slowest revenue growth since it went public four years ago, sending shares down more than 10 percent on Thursday on fears that rivals Snapchat and Facebook Inc(FB.O) were winning the war for advertising.

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Activision sales top Street- Co hikes dividend, sets $1 billion buyback

Activision sales top Street- Co hikes dividend, sets $1 billion buyback

Published 09/02/2017

Videogame publisher Activision Blizzard Inc reported fourth-quarter revenue above analysts' estimates, raised its dividend and announced a two-year $1 billion stock repurchase plan.

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`FarmVille` creator Zynga forecasts bookings below estimates

`FarmVille` creator Zynga forecasts bookings below estimates

Published 09/02/2017

The Zynga logo is pictured at the company's headquarters in San Francisco, California April 23, 2014. REUTERS/Robert Galbraith/File Photo

Zynga Inc (ZNGA.O), which created the online game FarmVille, forecast current-quarter bookings largely below analysts' estimates, weighed down by a seasonally weak advertising business as well as declines in its web business.

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