The Latest Breaking News from Snap Inc

The central bank has dished out another 75 basis-point rate hike in its efforts to tame the decades-high inflation. With a recession expected to hit the economy soon, fundamentally weak stocks Snap (SNAP) and Palantir Technologies (PLTR) might be best avoided. Read on….

The stubbornly high inflation is raising the odds of the Fed launching another significant rate hike this week. Additionally, amid the growing recession fears, several companies are planning layoffs. Given such economic uncertainties, we think investors should avoid buying fundamentally weak stocks, Shopify (SHOP), Snap (SNAP), Robinhood Markets (HOOD), and…

August inflation figures remained unrestrained despite the Fed's consecutive rate hikes, and another significant hike seems evident next week. Given the rising recession fears, we think fundamentally weak stocks Warner Bros. (WBD), Snap (SNAP), and ChargePoint (CHPT), which are trading near their 52-week lows, might be best avoided. Keep reading….

The raging inflation and the Fed’s aggressive rate hikes has led advertisers to cut back on spending, which is, in turn affecting social media companies. With the Fed expected to launch another significant rate hike this month, we think investors should avoid Twitter (TWTR), Snap (SNAP), and Groupon (GRPN). Read…

Social media firm Snap (SNAP) sees significant growth opportunities ahead. However, given the company’s bleak bottom line and negative ROE, is SNAP a buy under $12? Let’s find out….

With the Federal Reserve’s hawkish stance to fight sky-high inflation and increasing odds of recession, fundamentally weak stocks may struggle to stay afloat in the near term. Thus, we think shares of NVIDIA (NVDA), Snap (SNAP), and Avaya Holdings (AVYA), even though they are ultra-popular on Wall Street, could be…

Since interest rate increases and consequent market volatility look all set to persist, the near-term outlook seems bleak for fundamentally weak companies such as Rivian (RIVN) and Snap (SNAP). Let’s take a closer look at their plight. Read on….

Worries about sky-high inflation, the Federal Reserve’s hawkish stance, and recession prospects have spurred market sell-off lately. Moreover, investors expect increased market volatility as analysts cut down their earnings estimates. Given the uncertain market conditions, fundamentally weak and losing stocks Snap (SNAP), Allegiant Travel (ALGT), and Cardiff Oncology (CRDF) could…

U.S social media ad sales have cooled since last year due to the inflationary backdrop. Moreover, with ad spending expected to slow down next year, we think the social media stocks Twitter (TWTR) and Snap (SNAP) might be avoided now. Read more….

The Federal Reserve’s hawkish stance is expected to keep the markets volatile and might significantly affect the interest-rate-sensitive tech industry. Amid the uncertain market environment, hedge funds have been selling shares of Shopify (SHOP), Nu Holdings (NU), Snap (SNAP), and Farfetch (FTCH). Given these companies' weak financials and bleak growth…

Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff.