Twitter is surging after announcing it's teaming up with Bloomberg on a streaming news service (TWTR)

Shares of Twitter are up 6% on Monday at $17.47 as of 10:33 a.m. ET after the Wall Street Journal reported that the social media company will be teaming up with Bloomberg to launch a 24 hours a day, seven days a week streaming news service.
Twitter shares are up 18.5% since reporting earnings that beat expectations on April 26. 
After the company's earnings beat on Wednesday, Twitter co-founder and CEO Jack Dorsey, announced via Twitter that he had purchased a