The Latest Breaking News from Snap Inc

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…

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.

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…

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…

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…

CNBC

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.…

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.