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The Latest Breaking News from Snap Inc

4 Stocks Hedge Funds Are Selling Right Now

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…

StockNews.com

5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'

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.

Benzinga

1 Internet Stock to Avoid Now, and 4 to Consider Loading up On

Increasing number of internet users and the rapid digitization of day-to-day activities are boosting the internet industry’s growth. Hence we think internet stocks Expedia Group (EXPE), trivago (TRVG), Yelp (YELP), and Data Storage Corporation (DTST) might be ideal investments. However, macroeconomic headwinds have been troubling the tech industry, and Snap…

StockNews.com

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Snapchat parent reaches $35 million biometric privacy class-action settlement in Illinois

Illinois residents who use Snapchat may be eligible for payouts of between $58 and $117 in a class-action privacy settlement reached this month by the app’s parent company, Snap Inc.

Chicago Tribune

1 Stock to Take off Your Watchlist if You Haven't Already

Shares of the camera and social media company Snap Inc. (SNAP) have plunged 73.3% year-to-date due to the broader tech sell-off and the company’s weak operating performance. Given the company’s lower-than-industry profitability, the stock still looks overvalued at the current price level and might lose further. So, it could be…

StockNews.com

3 Overrated Stocks to Avoid This Fall

Though inflation has declined slightly from the multi-decade high level, the Federal Reserve’s intention to keep raising interest rates until price increases return to its target level could keep the stock market under pressure in the near term. Therefore, we think it could be wise to avoid fundamentally weak stocks…

StockNews.com

5 High-Volume Stocks You Might Want to Avoid Right Now

Multi-decade high inflation and rising interest rate hikes have increased the odds of the economy slipping into a recession. Since the economic data releases and speculations surrounding them are expected to keep the market volatile, it could be wise to avoid high-trading volume stocks AMC Entertainment (AMC), Snap (SNAP), NIO…

StockNews.com

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Benzinga Before The Bell: Tesla's China Sales Plunge, Snap Rolls Out Parental Control Features, White House Unaware of Raid On Trump's Mar-a-Lago And Other Top Financial Stories Tuesday, August 9

CNBC

Benzinga

4 Well-Known Stocks You'll Want to Avoid Right Now

The broad market sell-off prompted by macroeconomic headwinds and geopolitical issues since the beginning of the year has caused many popular stocks to witness significant declines. Well-known stocks Snap (SNAP), Etsy (ETSY), Amazon.com (AMZN), and Carvana (CVNA) have fared poorly than their industry peers because of weakness in their business.…

StockNews.com

Pinterest Posts Q2 Miss But Rallies On Elliott Management Stake: The Pattern The Stock Is Following

An unusual phenomenon is taking place this earnings season: some companies are actually being rewarded for poor earnings reports. The trend continues Tuesday with Pinterest Inc (NYSE: PINS), the PreMarket Prep Stock of the Day.

Benzinga

Should You Buy Snap Stock on the Dip?

Snap (SNAP) shares have plummeted more than 78% year-to-date following the company's disappointing second-quarter earnings results. However, given the company’s diverse product and service portfolio, would it be worth buying the stock at the current price level? Let’s find out.

StockNews.com

2 High-Volume Stock Investors Should Sell Now

As many economists are lowering their GDP forecasts for the second quarter, market uncertainties are anticipated to rise. Therefore, we think these high–volume fundamentally weak stocks, Shopify (SHOP) and Snap Inc. (SNAP), with poor growth attributes, are best avoided now. Continue reading.

StockNews.com

Russia Fines WhatsApp, Snapchat Owner over Data Storage Violations

A Russian court on Thursday fined Meta Platforms Inc's WhatsApp messenger and Snapchat owner Snap Inc for an alleged refusal to store the data of Russian users domestically, news agencies reported. Moscow has clashed with Big Tech over content, censorship, data and local representation in disputes that have escalated since…

Asharq Al-Awsat

What To Make Of SNAP As Stock Slips On Poor Earnings

Shares of Snap Inc (NYSE: SNAP) plummeted nearly 40 percent last week after the messaging company released a vastly disappointing earnings report for the second quarter.

Benzinga

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Benzinga

Dan Niles Sees 'Ugly Week' Ahead For Microsoft, Alphabet, Amazon And Apple: Which Tech Stocks Did The Fund Manager Short Ahead Of Earnings?

Snap Inc's (NYSE: SNAP) disappointing results are a bad sign for ad spending in the internet space and one fund manager is positioning accordingly ahead of big tech earnings this week.

Benzinga

How Will Alphabet, Meta Platforms Shares React To Earnings Following Snap's Collapse?

Shares of several digital advertising names, including Alphabet Inc (NASDAQ: GOOG) and Meta Platforms Inc (NASDAQ: META), traded lower last week on Snap Inc's (NYSE:

Benzinga

8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 22, 2022

Upgrades

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Benzinga

U.S. Stock Futures Edge Lower; Verizon, Twitter Earnings in Focus

Pre-open movers

Benzinga

Snap Q2 Earnings Highlights: Stock Tanks On No Q3 Guidance, Revenue And EPS Miss

Camera company and Snapchat parent company Snap Inc (NYSE: SNAP) is falling after-hours Thursday after reporting second-quarter financial results. Here are the key highlights.

StockNews.com

Is Now the Time to Buy These Poor-Performing Stocks?

The stock market sell-offs triggered by macroeconomic and geopolitical issues since the beginning of the year have led to many stocks delivering poor performance. Although the correction was broad-based, Etsy (ETSY) and Snap (SNAP) have performed worse than their industry. However, is it wise to scoop up these stocks at…

Input

Snapchat just invested in an influencer-focused resale platform

Online thrifting app Galaxy blends shopping and entertainment by letting users shop the closets of their favorite influencers.

StockNews.com

SNAP Is up 8%. Will the Stock Be Able to Recover Completely?

SNAP has gained 8.4% over the past month based on an analyst’s rating upgrade and the expected removal of TikTok from Google’s Play Store and Apple’s App Store. However, given its lower-than-industry profitability and stretched valuation, can SNAP keep recovering? Read on to learn our view….

Tribune News Service

Snap debuts paid service Snapchat+ with exclusive features

Snap Inc. is launching a paid version of the widely used social media platform offering “exclusive” and “experimental” features.

Benzinga

Snapchat+ Is Just A Paid Beta: What You Need To Know

It’s $4 per month, and you’ll still be delivered ads! On Wednesday, Snap Inc. (NYSE: SNAP) unveiled Snapchat+, a new subscription-based tier that would cost $3.99 per month and include "a mix of exclusive, experimental, and pre-release features."

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