The Latest Breaking News from Snap Inc

Concerns over a possible recession because of the Fed’s aggressive interest rate hike to control the surging inflation have led to massive selling pressure in the stock market over the past few weeks. Despite significant price declines, large-cap stocks Uber Technologies (UBER), NIO (NIO), Snap (SNAP), Lucid Group (LCID), and…

Shares of several companies in the streaming, social media and gaming sectors, including Snap Inc (NYSE: SNAP), are trading higher amid overall market strength after the Federal Reserve announced it would raise the key interest rate by 50 basis points.

Social media platform Snapchat parent company Snap Inc (NYSE: SNAP) reported quarterly earnings Thursday after the market close.

Snap Inc (NYSE: SNAP) reported first-quarter revenue growth of 38%

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

Snap Inc Class A's (NYSE:SNAP) short percent of float has fallen 13.06% since its last report. The company recently reported that it has 48.62 million shares sold short, which is 4.46% of all regular shares that are available for trading.

Citi analyst Ronald Josey assumed coverage of Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and price target of $4,100, down from $4,115 (29.7% upside).  Josey also added the shares to the firm's Focus List, given its lead eCommerce, Online Advertising, and Cloud and operational efficiencies at its new Fulfillment Centers, physical retail location closures, and…

Snap Inc (NYSE: SNAP) shares are trading higher Tuesday following positive analyst coverage from Rosenblatt. Rosenblatt analyst Barton Crockett initiated coverage on Snap with a Buy rating and announced a $49 price target.

Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to over $11 billion, Reuters reports quoting Insider Intelligence. TikTok's revenue will likely surpass the combined sales of its rivals, Twitter Inc (NYSE:TWTR) and Snap Inc (NYSE:SNAP). Nearly $6 billion, or more than half, of 2021's ad revenue will likely come from the U.S., despite regulatory concerns…

Shares of social media stocks, including Meta Platforms Inc (NASDAQ: FB), Pinterest Inc (NYSE: PINS) and Snap Inc (NYSE: SNAP) are trading lower in sympathy with the overall market amid

Snap Inc Class A's (NYSE:SNAP) short percent of float has fallen 8.39% since its last report. The company recently reported that it has 55.91 million shares sold short, which is 5.13% of all regular shares that are available for trading.