• Snap Stock Soars 13% On Blowout Quarter; Daily Active Users Hit 293 Million

    22 hours ago - By Deadline

    Snapchat parent Snap stock surged 9% Thursday as the company reported a blowout second quarter with beats on the top and bottom line and for daily active users, which hit 293 million - up 23% or 55 million from the year ago. DAUs at the end of the first-quarter were 280 million. The name of...
    Read more ...

     

  • Twitter's Daily Active User Base Rises 11% In Q2 As Social Media Firm Tops Estimates

    22 hours ago - By Deadline

    Twitter exceeded Wall Street forecasts in the second quarter despite a slight downturn in users compared with the previous quarter. Total revenue of almost $1.2 billion and diluted earnings per share of 8 cents both came in well ahead of expectations. The company's daily active user base was 206 million as of the June 30...
    Read more ...