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*Twitter rallies in premarket after blockbuster results. NEW YORK, July 30- U.S. stock index futures rose on Wednesday as investors sought bargains following a period of weakness and looked ahead to data on economic growth and comments from the Federal Reserve following its latest policy meeting. *Twitter Inc surged 27 percent to $49 in heavy premarket trading.
Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States.
Anthony DiClemente, Nomura Securities analyst, shares his play on Twitter's earning beat.
The reality is the company had a good quarter but not that good a quarter, says Brian Wieser, Pivotal Research Group analyst, explaining why he downgraded Twitter.
Twitter stock's jumped 30 percent after growth in its user base soothed concerns about its future, but some analysts remain skeptical.
Richard Fetyko, Senior Vice President at ABR Investment Strategy, explains his optimism on Twitter's monetization plans and discusses what the firm has done to attract less tech-savvy users.
Roger Kay, President & Founder of Endpoint Technologies Associates, says the scale of Twitter's ad revenue is still an issue if it wants to achieve profitability.
Check out which companies are making headlines after the bell Tuesday: Twitter, Amgen, American Express & more.
CNBC.com Managing Editor Allen Wastler reports Twitter's Q2 earnings is the leading interest among CNBC.com readers.
Twitter jumped sharply on Tuesday after the social media company easily topped earnings and revenue expectations.
*Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.7 percent to $98.86 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 1.6 percent at $147.14.
SAN FRANCISCO, July 29- Twitter Inc's monthly active users rose a better-than-expected 24 percent in the second quarter as the online messaging service mostly succeeded in stemming a dwindling pace of growth, sending its shares soaring almost 30 percent after hours.
Louis Basenese, Disruptive Tech Research, and Robert Luna, Surevest Wealth Management, provide instant analysis to Twitter's quarterly numbers.
Stocks fell Tuesday as geopolitical issues came back into play, offsetting upbeat earnings.
Twitter CEO Dick Costolo says Twitter is implementing its product road map to accelerate user growth.
On Tuesday, Twitter reported a 124 percent jump in quarterly revenue to $312 million, beating Wall Street's expectation for $283.1 million.
Discussing what drove revenue and user growth in Q2, with Twitter CEO Dick Costolo.
Twitter CEO Dick Costolo discusses the sustainability of revenue growth and new security measures taken.
Twitter is reporting Q2 EPS of $0.02 on revenue of $312 million, with CNBC's Julia Boorstin.
Bond prices were higher on Tuesday after the U.S. government's auction of five-year Treasury notes, the second of three debt auctions this week.