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Why Twitter is flying in 2021

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Twitter is doing better than analysts are expecting, even though it’s banned one of its best content makers.

With President Trump out of the White House and off the platform, investors were worried it would hit the social media company’s bottom line.

But that’s not to be – net profit for Twitter was $66 million.

Twitter posted better-than-expected results for the recently ended quarter with gains in revenue, profit and its user base, sparking a rally in shares of the messaging platform.

The social giant beats Wall Street expectations

Net profit was $US66 million on revenue that surged to $US1.19 billion

That compared to a loss of $US1.38 billion in the same quarter a year earlier, according to the San Francisco-based tech firm.

The closely watched figure of “monetizable” daily users rose to 206 million in the quarter, an 11 percent increase from the same period last year.

More people are Twitting than ever before

Twitter said in its statement that more people were on the platform as a result of “ongoing product improvements and global conversation around current events.” 

Market watchers had been concerned that the departure of former US President Donald Trump from the platform and the lack of election-year frenzy might cause use to ebb.

Twitter shares were up more than 6 percent in after-market trades that followed the release of the earnings figures.

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Nvidia surpasses Microsoft as the most valuable company in the world

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Nvidia has emerged as the world’s most valuable company, surpassing Microsoft with a market value of over $3.3 trillion.

This shift comes on the heels of Nvidia’s consistent growth in the semiconductor sector and its strategic advancements in artificial intelligence and gaming technologies.

This milestone marks a significant validation of Nvidia’s aggressive expansion and innovation strategies under CEO Jensen Huang, who has steered the company towards dominance in high-performance computing.

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Finance expert empowers his social audience with accessible wealth tips

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The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

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It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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