Snapchat, Amazon, Uber: Everything that matters this morning

Snapchat takes a hit
Snapchat’s shares received another pounding yesterday after losses at its parent company Snap Inc nearly quadrupled in the second quarter. Snap lost $443m despite revenues rising 153% to $182m. That was below analyst expectations.
Growth also slowed, with Snapchat adding 7.3 million new users in the quarter, below the 8 million expected. It now has 173 million daily active users.
READ MORE: Snapchat takes another hit on Wall Street
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