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The Dow falls nearly 500 points at one point Thursday in the index's worst day of trading since Feb. 8.
The cloud storage provider has done a good job of fending off larger rivals, as its revenue and cash-flow growth makes clear.
Tencent Holdings, Asia's biggest tech company and a major investor in Snap Inc. posted stronger-than-expected fourth quarter earnings Tuesday and said its WeChat user base topped 1 billion.