Twitter sees Q3 adj. EBITDA $215 mln-$235 mln; FactSet consensus $266.7 mln

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Nasdaq futures tumble nearly 1% after Facebook sinks on results

Nasdaq-100 futures fell sharply on Thursday after Facebook Inc. reported disappointing results and warned over revenue. Nasdaq futures dropped 68.75 points, or 0.9%, to 7,400.55, while those for the Dow Jones Industrial Average inched up 21 points to 25,423, while S&P 500 futures fell 7 points, or 0.3%, to 2,834.50. Facebook lost around one-fifth of its value in late trading on Wednesday after the social media giant reported flat user growth and sales that were weaker than forecast, and Chief Financial Officer David Wehner said a fall in revenue growth would continue. Disappointment over Facebook triggered a ripple effect, with Twitter Inc. and Snapchat parent company Snap Inc. also declining late Wednesday. Another tech behemoth, Amazon.com Inc. will report after the close on Thursday.

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