Web Stories Friday, April 26
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Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 27% in extended trading.  Here’s how the company did: Earnings per share: 3 cents adjusted vs. a loss of 5 cents expected by LSEGRevenue: $1.19 billion vs. $1.12 billion expected by LSEGGlobal daily active users: 422 million vs. 420 million expected, according to StreetAccountAverage revenue per user: $2.83 vs. $2.67 expected, according to StreetAccountRevenue for…

United States

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Politics

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Supreme Court Justice Samuel Alito on Thursday asked Justice Department attorneys whether presidents would have to fear prosecution by a “bitter political opponent” if justices reject former President Trump’s immunity claims.The Supreme Court heard arguments on the issue of presidential immunity, which could set a precedent for whether former presidents…

Business

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Stock investors kicked into selling mode after the U.S. economy posted subpar growth in the first quarter.  The Dow Jones Industrial Average fell over 375 points, but clawed back from a 600+ point drop in early afternoon. The S&P 500 and tech-heavy Nasdaq Composite closed lower by 0.5% and 0.6%,…

Lifestyle

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