|Day's Range||1.0400 - 1.2700|
Meta Platforms (META) launches WhatsApp edit your messages feature, which allows users to edit messages within 15 minutes after sending.
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Tencent Music, Snap, AppLovin, and Wynn Resorts. Tencent Music Entertainment (NYSE:TME) shares surged more than 8% after the company reported solid Q1 earnings and earned several upgrades, as InvestingPro reported in real time. Macquarie upgraded to Neutral from Underperform and raised its price target to $7.40 from $5.10, highlighting effective diversification and better margins.
Snap wants to help you make sense of the world around you. The company is seeking to patent a method for "insight presentation" in...
DEA administrator Anne Milgram explains how trafficking drugs like fentanyl has evolved in the age of social media.
Snap's latest quarterly update was poorly received by investors, with many heading for the exits and selling off the company's stock. As a result, Snap's share price is currently hovering near its 52-week low, but is the company worth investing in even at current levels? Snap's user growth and engagement are important aspects of its business.
Even if cash is king, a business doesn't always have to turn a profit to be a success. In fact, some of the biggest companies in segments like tech and lifestyle have yet to break even. Make Money...
Shares of Snap (NYSE: SNAP) tanked last week after the company's earnings report, which wasn't great. While Meta Platforms did well with ad revenue showing strength, that wasn't the case for Snap, which saw sales down on a year-over-year basis. Snap's revenue declined by 7% for the first three months of 2023, falling to $988.6 million.
Snap's (NYSE: SNAP) stock price plunged 17% on April 28 after the social media company posted a disappointing first-quarter earnings report. Its revenue fell 7% year over year to $989 million, which missed analysts' estimates by $21 million and marked its first revenue decline since its public debut in 2017.
Snap (NYSE: SNAP) reported a year-over-year decrease in revenue in its latest earnings report. Finance professor and Fool.com contributor Parkev Tatevosian elaborates on the severity of Snap's stock price decline following the financial release.
All eyes on the 26th annual Milken Institute Global Conference in California.
Snap stock plunged after the company reported its 2023 first-quarter earnings, but there were positive takeaways.
Before those Apple earnings on May 4, here's what you need to know from tech earnings this week.
The Yahoo Finance Live show discusses the decline of Snap stock on Q1 earnings amid ad spend slowdown and economic headwinds.
Good afternoon, everyone, and welcome to Snap Inc.'s first quarter 2023 earnings conference call. With us today are Evan Spiegel, chief executive officer and co-founder; Jerry Hunter, chief operating officer; and Derek Andersen, chief financial officer.
(Reuters) -Shares of both Pinterest Inc and Snap Inc tumbled about 18% on Friday after the two social media companies' quarterly reports spooked investors worried about weak digital ad spending. Their disappointing reports late on Thursday stood in contrast to strong results earlier this week from digital advertising heavyweights Alphabet Inc and Meta Platforms Inc, and show that advertisers are sticking with the biggest players in an uncertain economy. Pinterest forecast second-quarter revenue growth below Wall Street estimates late on Thursday as the image-sharing platform grapples with a pullback in advertising spending in a market it warned remained uncertain.
Shares of Snapchat's parent company, Snap (NYSE: SNAP), got smashed on Friday after the company reported financial results for the first quarter of 2022. At 11:15 a.m. ET, Snap stock was down 19%. In Q1, Snap had 383 million daily active users, which was an encouraging 15% year-over-year increase.
SNAP's first-quarter 2023 results reflect steady user growth and an increase in Snapchat+ users amid a fall in average revenues per user.
(Bloomberg) -- Snap Inc. slid by the most in more than six months after reporting its first-ever decline in quarterly revenue, signaling that a broader pullback in advertising will continue to weigh on earnings. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Says $93 Million US Wants
Yahoo Finance Live anchors Julie Hyman and Ines Ferre discuss why Snap and Pinterest stocks are declining.
Investing.com -- Stocks were rising on Friday after inflation data met expectations as investors await next week's meeting by the Federal Reserve. Here are the market movers for April 28.
U.S. stock indexes advanced on Friday after strong earnings updates from Exxon and Intel offset worries over Amazon's slowdown warning, while economic data reinforced expectations that the Federal Reserve would hike interest rates next week. Exxon Mobil Corp shares finished up 1.3% after hitting an all-time high as the oil company reported a record first-quarter profit on rising oil and gas output, also boosting the S&P energy index 1.5%. Chipmaker Intel Corp gained 4% after it said gross margins will improve in the second half.
New AI voice and video tools can look and sound like you. But can they fool your family—or bank? WSJ’s Joanna Stern replaced herself with her AI twin for the day to find out. Photo illustration: Elena Scotti
Investing.com -- Stocks in focus in premarket trade on Friday, April 28th. Please refresh for updates.
Snap (SNAP) delivered earnings and revenue surprises of 200% and 1.84%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Advertisers are sticking with safe havens Alphabet and Meta Platforms in an uncertain economy, their quarterly results showed, likely helping the tech giants take market share away from smaller digital ad sellers such as Snap Inc. Following a pandemic-led spending bonanza by advertisers who wanted to reach customers online, ad sales-reliant tech firms faced tough comparisons in the past several quarters. Customers cut their ad budgets after interest rates rose and record-high inflation fueled worries about the economy.