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Business

Snap returns to user growth on new shows, Android app; shares jump

Snap Inc on Tuesday beat Wall Street targets for quarterly revenue as its photo-messaging app Snapchat added users for the first time in three quarters, backed by the popularity of its original shows and the launch of a new Android app, sending its shares up 12 percent.

Business Video

Lyft's IPO banks give troubled stock a flurry of 'buy' ratings

Lyft Inc received some badly needed support on Tuesday, as analysts at banks that had worked on its initial public offering urged clients to buy the ride-hailing company's beleaguered shares. Following the required 25-day wait for deal underwriters to issue an investment opinion following an IPO, at least 10 of the banks that brought Lyft public gave positive recommendations on a stock that has slumped 30 percent from its opening price on March 29, its first day of trading.

EBay beats quarterly revenue estimates

EBay Inc beat Wall Street estimates for quarterly revenue on Tuesday, as the company's multi-year effort to make its ecommerce platforms more user friendly attracted more customers.

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