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Snap plunges as much as 36% after slump in ad demand triggers earnings miss, Goldman downgrade

The company launched a $500 million share buyback program, but ditched any kind of forward guidance…

Amanda Cooper   


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Snapchat and Meta lead social media stocks higher as TikTok CEO gives 'disaster' testimony to Congress

"If ByteDance fights against this forced sale, TikTok will likely be banned in the US by late 2023,…

Matthew Fox   


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ChatGPT is coming to Snapchat

Snapchat said its My AI chatbot, limited to paid subscribers, is part of an effort to increase its …

Aaron Mok   


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Snap soars 50% after posting its first-ever profitable quarter and recovering from Apple's privacy changes

What may have worked better for Snap, in contrast to Meta, is that it has star-appeal for young soc…

Shalini Nagarajan   


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Stock market today: Snap plunges 31% on earnings miss, US futures flat

Snap tumbled 31% before Wednesday's opening bell after the Snapchat owner's earnings for the last t…

George Glover   


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$315 billion in market value has been erased from these 4 companies since Apple's iOS privacy changes went into effect last year

Meta Platforms expects the headwind stemming from Apple's IDFA privacy change to "moderately increa…

Matthew Fox   


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Snap's stock plummets by 22% as Apple’s iPhone privacy changes hit its advertising business

In an earnings call late on Thursday, Snap CEO Evan Spiegel said that the company missed the l…

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Snapchat will surge 45% on product-driven revenue growth, Goldman Sachs says

Snapchat is broadening its advertiser base and user engagement on its sharing platform continues to…

Matthew Fox   


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A $60 billion investment advisor quadrupled its money on Snap stock in 16 months - and likely scored a $4 billion gain

Edgewood Management's Snap stake soared from $735 million to $2.6 billion in the space of a year, a…

Theron Mohamed   


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Snap rallies 7% after unveiling TikTok-competitor Spotlight

Snap will incentivize Spotlight submissions with more than $1 million in daily payouts through the …

Ben Winck   


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Snap and Twitter jump on announcement of integration partnership allowing users to share tweets via Snapchat

Mobile Twitter users who are logged into the Snapchat app can now tap on a tweet and embed it into …

Emily Graffeo   


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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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6 Wall Street firms now expect Snap's stock to surge more than 37% after earnings. Here's what they had to say about the blowout quarter.

"LA just keeps winning," Stifel analysts said following Snap's strong third quarter earnings report.

Matthew Fox   


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Snap skyrockets 26% after quarterly report shows users flocking to the app during quarantine

Daily active user growth was its highest since 2017 as quarantine orders drove outsized app usage, …

Ben Winck   


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7 mins read

How much media and tech giants from Disney to TikTok pay employees in the US

More than a year's worth of salary data shows what media companies including Spotify, Snap, TikTok,…

Ashley Rodriguez   


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Snapchat's parent company Snap slows down hiring process amid rising inflation rate, labour disruptions, and Ukraine

"We expect to hire more than 500 new team members between now and the end of the year, representing…

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Snap crushes analysts' Q3 revenue expectations, sending its stock soaring

Snap's reported revenue for Q3 blew away analysts' expectations and sent its stock booming in after…

Paige Leskin   


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Social media company Snap falls as much as 23% after a blow to its Q3 earnings from Apple privacy changes and supply-chain disruption

Snapchat parent Snap fell as much as 23% on Friday, after changes to Apple's tracking settings and …

Camomile Shumba   


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Snap's ad business defied coronavirus fears in Q1 and its stock is popping

Snapchat's parent company grew its revenue 44% in the first three months of the year.

Paige Leskin   


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NTPC pays ₹4,121.08 crore as interim dividend for FY23

"NTPC Ltd has paid an interim dividend of Rs 4,121.08 crore today for the financial year 2022-23. T…

PTI