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1 min read

US stocks slip as grim Snap earnings stoke fears of broader tech weakness

US stocks edged lower Friday morning as investors digested poor results from Snap. Shares of the co…

Jennifer Sor   


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2 mins read

Snap jumps as 1st-quarter revenue beats expectations and guidance surges

Global active daily users climbed by 51% during the first quarter.

Carla Mozée   


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2 mins read

Snap falls 3% on uncertain advertising growth outlook amid Apple's new privacy rules

Snap faces an uncertain growth outlook as it grapples with a slowdown in advertising on top of Appl…

Isabelle Lee   


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1 min read

US stocks climb on strong earnings as oil prices and bond yields slide

Strong earnings helped end this year's longest losing streak for stocks, while oil and Treasury yie…

Filip De Mott   


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US tech futures rise after blockbuster earnings from Amazon and Snap ahead of non-farm payrolls

Strong fourth-quarter earnings from Amazon and Snap helped boost tech stocks, as investors waiting …

Hamza Fareed Malik   


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US stocks climb as investors cheer stellar tech earnings

Shares of Snap and Twitter soared in early morning trading after both tech companies crushed earnin…

Emily Graffeo   


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Snap soars 23% after a stunning Q2 earnings beat, while Twitter jumps 4%

Both social media companies beat analyst expectations for earnings. Twitter reported its fastest ra…

Shalini Nagarajan   


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Nasdaq futures fall after Snap's downbeat results rattle investors' faith in earnings season

The Snapchat owner's earnings miss cast cold water on hopes of avoiding an economic slowdown ahead …

Karen Friar   


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US stocks close mixed as Nasdaq and S&P 500 snap 3-day win streaks on weak tech earnings

The tech sector will be in motion again this week as Apple, Amazon and Intel report after the close…

Jason Ma   


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2 mins read

US stocks trade mixed as investors assess online advertising weakness following grim Snap earnings

Of the 17% of S&P 500 companies that have reported earnings, 80% have beat profit estimates by a me…

Matthew Fox   


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1 min read

US stocks drop with Dow snapping 5-day win streak as investors parse Fed minutes and earnings

Minutes from the Federal Reserve's July meeting indicated policymakers see the pace of future rate …

Brian Evans   


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2 mins read

US stocks drop with Nasdaq down 2% as Snap earnings disaster sends shockwave through tech sector

The decline in tech stocks on Friday came even as the 10-year Treasury yield fell to a two-month lo…

Matthew Fox   


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US stocks snap 2-day win streak as investors digest surging bond yields ahead of more high-profile earnings

The 10-year US Treasury yield surged to a new cycle high on Wednesday, jumping 11 basis points to 4…

Matthew Fox   


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Snap plummets 38% as CEO warns the economic downturn will lead to slower hiring and lower revenue growth

Evan Spiegel wrote that economic factors have hit revenue growth and that hiring for new roles will…

George Glover   


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Matthew Fox   


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4 mins read

Here's exactly how much I made at Google, Snap, and Cisco in non-technical roles

Jonathan Javier shares the salary he made working at big tech companies, including his bonuses and …

Aria Yang   


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2 mins read

Cathie Wood's Ark Invest ditches almost 4 million more Twitter shares days before its earnings report, snaps up Roblox

The sale comes two days before Twitter's earnings, which could shed light on the impact of Apple ch…

Hamza Fareed Malik   


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1 min read

Start snapping up AI leaders again because tech stocks' slump has made them undervalued, UBS says

Tech's struggles over the past two months have created a pre-AI boom buying opportunity, the Swiss …

George Glover   


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1 min read

Start snapping up AI leaders again because tech stocks' slump has made them undervalued, UBS says

Tech's struggles over the past two months have created a pre-AI boom buying opportunity, the Swiss …

George Glover   


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2 mins read

Snap beats Q2 revenue estimates but falls short on user growth

Snap reported better-than-expected revenue but fell behind analysts' estimates for daily active use…

Paige Leskin