The Latest Breaking News from SNAP

Snap Inc (NYSE: SNAP) shares are trading lower by 6% at $30.20 Monday morning after Wedbush downgraded the stock from Outperform to Neutral and announced a $36 price target.

Snap Inc (NYSE:SNAP) sped up its global expansion from Mexico to Japan through tie-ups with wireless carriers and highlighting its popular augmented reality features, Reuters reports. Snap remained largely unscathed by global governments and regulators and has developed a playbook for attracting users in new markets that plays up the appeal of…

European stocks tumbled more than 1% on Friday, following a sharp decline in tech and growth stocks. Investors, meanwhile, focused on some notable insider trades.

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares to $3,430 from $3,200 and reiterated an Overweight rating on the shares. The price target implies an upside of 25.8%. Nowak updated his models and rolled forward valuations among his Internet sector coverage.  Heading into 2022, Nowak said he remains…