The Latest Breaking News from Snap Inc

The internet industry is expected to witness healthy growth amid growing digitization and government initiatives to make the internet accessible to all. Given the sound prospects of the industry, investors should consider buying quality internet stocks, Data Storage (DTST) and Tripadvisor (TRIP), which are gaining in price lately and should…

Rejoiced by the optimism flowing in the market, the stock market has rallied recently. However, market experts expect the sizzling rally to end, as recession risks have only been postponed. Given this backdrop, investors should stay away from fundamentally weak stocks Uber Technologies (UBER), Snap Inc. (SNAP), and Peloton Interactive…

The scale of the struggle facing the world’s largest social media firms was laid bare today after Snapchat owner Snap Inc posted a whopping $288 million (£234 million) loss for the fourth quarter, reversing profits of $23 million it made in the previous year and sending its shares down as…

Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan Al Saud has overseen the signing of an agreement with Snap Inc.

The benchmark indexes witnessed a freefall this year amid deteriorating investors’ sentiments. Therefore, amid widespread recession concerns and a poor global economic growth outlook, we advise our investors to avoid already hard-hit and fundamentally weak stocks Snap (SNAP) and Pineapple Energy (PEGY). Read more.

Snap Inc. (SNAP) has found it tough to get going this year as it faced falling advertising spending, rising competition, and several other macroeconomic headwinds. Despite its poor financials and low profitability, the stock trades at a premium to its peers. Therefore, SNAP could be best avoided now. Read more….

Although inflation eased slightly last month, the Fed has indicated a higher-than-expected final level of interest rates. This is expected to keep the high-growth Internet stocks under pressure in the upcoming months. Thus, it could be wise to sell fundamentally weak internet stocks Snap (SNAP), IAC Inc. (IAC), Zhihu (ZH),…

Once again, recessionary concerns have been triggered by the jumbo rate hike the Fed dished out this week. Hence, fundamentally weak stocks Snap (SNAP), Coinbase Global (COIN), Peloton Interactive (PTON), and Riot Blockchain (RIOT) might be best avoided this year. Continue reading to find out why….

Following the pandemic-induced disruptions, the importance of the Internet and the companies offering their services over the Internet has grown exponentially. However, not all companies in the internet industry have shown resilience amid the macroeconomic challenges this year. Investors should steer clear of fundamentally weak internet stocks Snap (SNAP), ContextLogic…

Snap Inc. (SNAP) has fallen more than 78% year-to-date as it battles major headwinds such as reduced advertising spending, rising competition, etc. Moreover, despite lower-than-industry profitability, the stock trades at a premium to its peers. Therefore, investors should not yet invest in the stock, hoping for a turnaround. Read more….

Since various headwinds, including high inflation and interest rate hikes, are expected to impact technology earnings in the third quarter significantly, investors are advised to steer clear of shares of struggling tech companies AMD (AMD) and Snap (SNAP). Read on….