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The Latest Breaking News from Snap Inc

2 Hot Internet Stocks to Buy Right Now and 1 to Avoid

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…

StockNews.com

3 Stocks to Stay Far Away From in 2023

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…

StockNews.com

Snap shares tank after losses top $280 million

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…

Evening Standard

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Saudi Culture Ministry Signs Agreement with Snapchat

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

Asharq Al-Awsat

2 Stocks to Sell Before They Bleed More Cash

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.

StockNews.com

1 Stock You Shouldn't Be Snapping up Shares of Anytime Soon

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….

StockNews.com

Snap and 3 Other Internet Stocks to Sell Now

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),…

StockNews.com

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The 4 Scariest Stocks You Could Own in 2022

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….

StockNews.com

The 3 Worst Internet Stocks to Buy in This Market

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…

StockNews.com

Don't Count on a Comeback for Snap Stock

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….

StockNews.com

2 Risky Stocks to Avoid During Q3 Earnings Season

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….

StockNews.com

7 Snap Analysts On Q3 Sales Miss: 'Meaningful Competition From TikTok'

Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 21, 2022

Upgrades

Benzinga

US Stocks Headed For Another Tough Day Amid Mixed Earnings, Rate Worries — Tesla Extends Losses, Snap Drags Social Media Stocks Lower

U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.

Benzinga

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Benzinga

Snap Inc Posts Q3 Revenue, EPS Beat, Announces Share Buyback, But The Stock Is Plunging For This Reason

Social networking and camera company Snap Inc (NYSE: SNAP) reported third-quarter financial results after market close Thursday. Here are the key highlights.

Benzinga

How To Trade Snap Stock Before And After Q3 Earnings Print

Snap Inc. (NYSE: SNAP) is set to print its third-quarter financial results after the markets close on Thursday.

Benzinga

Snap Reports Q3 Results Today: What To Expect And Should Meta, Twitter, Google And Pinterest Shareholders Care?

Snapchat parent Snap Inc. (NASDAQ: SNAP) is scheduled to report third-quarter earnings on Thursday after the market closes.

StockNews.com

5 Stocks You'll Be Happy You Didn't Buy in 2022

The Fed is expected to keep hiking rates as inflation is yet to be brought under control. Amid rising recession odds, it could be best to avoid fundamentally weak stocks Roblox (RBLX), Palantir Technologies (PLTR), Snap (SNAP), Blink Charging (BLNK), and Astra Space (ASTR) in 2022. Read on….

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StockNews.com

2 Terrible Stocks You'll Regret Picking up This Fall

Inflation came in more than expected for September, strengthening the case for more aggressive Federal rate hikes in the coming months. Amid rising recession odds, fundamentally weak stocks Snap (SNAP) and Carvana (CVNA) might be best avoided this fall. Read on….

StockNews.com

2 Social Media Stocks to Cash Out of Now

The social media industry is witnessing a slowdown in ad sales and could remain under pressure due to straining economic conditions. Given this backdrop, we think the social media stocks Snap (SNAP) and Nextdoor Holdings (KIND), which have been slumping significantly in price lately, are best avoided now. Read more….

StockNews.com

3 Unstable Stocks to Sell Before It's Too Late

The Fed's hawkish monetary policy approach has significantly impacted investors' confidence this year. Moreover, with the Fed indicating more rate hikes in the coming months, the stock market is expected to remain under pressure in the near term. Therefore, we think it could be wise to avoid fundamentally weak stocks…

Axios

Musk's "super app" vision

Twitter's likely new owner wants to turn it into an all-purpose app modeled on China's WeChat.

StockNews.com

Is Snap Stock a Buy While Its Price Is Still Low?

Renowned social media company Snap (SNAP) reported weak top-line growth and a loss in its last quarter. Moreover, analysts seem bearish about the company’s growth prospects. Shares of SNAP have declined more than 75% in price year-to-date. So, though the stock is currently hovering around $10.50, is it wise to…

StockNews.com

2 Stocks You Should Take off Your Watchlist This Fall

The central bank has dished out another 75 basis-point rate hike in its efforts to tame the decades-high inflation. With a recession expected to hit the economy soon, fundamentally weak stocks Snap (SNAP) and Palantir Technologies (PLTR) might be best avoided. Read on….

StockNews.com

4 Stocks You Might Want to Lay off From Buying Right Now

The stubbornly high inflation is raising the odds of the Fed launching another significant rate hike this week. Additionally, amid the growing recession fears, several companies are planning layoffs. Given such economic uncertainties, we think investors should avoid buying fundamentally weak stocks, Shopify (SHOP), Snap (SNAP), Robinhood Markets (HOOD), and…

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