U.S. stocks ended up on Thursday, with Dow rallying almost 100 points, buoyed by signals of an improving global economy. The Dow Jones Industrial Average rose 95.88 points, or 0.62%, to 15,509.21. The S&P 500 index added 5.69 points, or 0.33%, to 1,752.07. The Nasdaq Composite climbed 21.89 points, or 0.56%, to 3,928.96.
Microsoft Corp. (MSFT) on Thursday reported a fiscal first-quarter profit of $5.24 billion, or 62 cents a share, on revenue of $18.53 billion.
Amazon.com Inc posted better-than-expected sales on Thursday as the company expanded aggressively and made inroads into overseas markets. It posted revenue of $17.1 billion in the third quarter, up from $13.8 billion a year earlier. Net loss was $41 million in the third quarter, or $0.09 per diluted share, narrowing from a net loss of $274 million, or $0.60 per diluted share, in the third quarter of 2012.
Zynga Inc’s revenue dropped 36 percent to $203 million in the third quarter. For the quarter ended Sept 30, the company posted a loss of $68,000 compared to a loss of $53 million for the same period last year.
Twitter Inc. TWTR 0.00% said it sees an initial public offering price of $17 to $20 a share, according to a Securities and Exchange Commission filing late Thursday.
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