Market News

“Twilio's total revenue growth of 65% year-on-year in the fourth quarter continued the strength and momentum we've seen over an extraordinary year,” – Twilio CEO, Jeff Lawson.

The popular online dating app Bumble (NASDAQ: BMBL) shares commenced trading on the NASDAQ stock exchange on February 11th under the symbol $BMBL.

Ride-hailing giants Lyft and Uber reported fourth-quarter financial results this week. Even though 2020 was a brutal year for both the companies, the Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) shares have rallied more than 80% over the last six months.

Crude oil price trading steady above the previous week high on Monday. During the last week, Brent crude oil and WTI gained 6% and 9% respectively.

Payment and E-commerce giant’s Paypal (NASDAQ: PYPL) and ebay (NASDAQ: EBAY) reported better-than-expected fourth-quarter financial results on Wednesday 03rd February after the market close. Both the company stocks hit a new 52-week high on Thursday.