The Latest Breaking News from SNAP

A whale with a lot of money to spend has taken a noticeably bearish stance on Snap. Looking at options history for Snap (NYSE:SNAP) we detected 25 strange trades.

KeyBanc analyst Tyler Parker revisited the Roblox Corp (NYSE: RBLX) story ahead of the May metrics report expected on June 15. 

Snap Inc (NYSE: SNAP) shares are trading lower Tuesday after Credit Suisse cut its price target on the social media stock.

Snap Inc (NYSE:SNAP) recently shared its reduced expectations of Q2 FY22 revenue and EBITDA amid the challenging macroeconomic environment. Credit Suisse analyst Stephen Ju maintained an Outperform rating on Snap as it cut the price target from $77 to $59 (278.7% upside). Ju called out Snap's 1) minimal exposure to travel as consumer dollars flow from…

Social media company Snap (SNAP) has reduced its growth forecast due to several macroeconomic headwinds and a global economic slowdown. These headwinds, coupled with increased regulations, will likely affect other companies in the digital ad space. Thus, we think the stocks of digital ad companies Meta Platforms (FB), Alphabet (GOOGL),…

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…

Netflix Inc (NASDAQ: NFLX) shares are trading higher Wednesday as streaming, gaming and social media stocks bounce back after falling in sympathy with Snap Inc (NYSE: SNAP) on Tuesday.

Gainers CynergisTek, Inc. (NYSE: CTEK) shares surged 100% to close at $1.18 on Tuesday after the company entered into a definitive agreement to be acquired by Clearwater Compliance for roughly $17.7 million.

Snap Inc (NYSE: SNAP), the parent of Snapchat, saw its shares plummet a whopping 43.1% on Tuesday, bringing down the Nasdaq with it. Investors may discover that the multimedia messaging app has just the right filters for them to express their feelings.