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Alphabet Jumps 6%, Reddit Craters 23% in Social Media Stock Divergence?
24/7 Wall St.12d agobullish
Alphabet Jumps 6%, Reddit Craters 23% in Social Media Stock Divergence?

Social media stocks are pulling in opposite directions midday Friday, with Reddit (NYSE:RDDT) shares down 23% to $136.32, marking the stock’s worst intraday drop since its 2024 IPO. At the same time, Alphabet (NASDAQ:GOOGL) stock is up 6% to $352.45. The split is jarring because both names sit inside the same sector proxy. Meta Platforms ... Alphabet Jumps 6%, Reddit Craters 23% in Social Media Stock Divergence?

Snap (SNAP) And The AR Narrative Behind Its Valuation Gap
Simply Wall St.14d agoneutral
Snap (SNAP) And The AR Narrative Behind Its Valuation Gap

Snap (SNAP) continues to trade around US$4.73 after recent performance that includes gains over the past week and month, but a decline over the past 3 months and year to date. See our latest analysis for Snap. For context, Snap’s share price has seen a small rebound recently, with a 7.01% 30 day share price return. However, momentum looks weaker over a longer stretch, with the year to date share price return down 41.82% and the 1 year total shareholder return down 49.25%. If Snap’s recent...

Bloomberg15d agoneutral
Saudi Prince Alwaleed Takes 5% Stake in EV-Maker Lucid

(Bloomberg) -- Saudi Prince Alwaleed bin Talal Al Saud has acquired a $129.5 million stake in Lucid Group Inc., a much-needed vote of confidence in the electric vehicle maker weeks after it fended off rumors of an impending bankruptcy.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeASML Slides on Report of China Starting DUV Tool ProductionDeepS

Snap expected to post stronger Q2 revenue as ad growth stays in focus
Proactive20d agoneutral
Snap expected to post stronger Q2 revenue as ad growth stays in focus

Snap Inc (NYSE:SNAP) is expected to remain under pressure to demonstrate stronger advertising revenue growth when it reports second-quarter earnings, with Jefferies saying the company's ads business continues to be the key issue despite expectations for improving overall revenue growth. The...

Alphabet Drops 6% on Soaring AI Capex Despite 82% Cloud Surge; Meta Platforms, Snap Follow
24/7 Wall St.20d agoneutral
Alphabet Drops 6% on Soaring AI Capex Despite 82% Cloud Surge; Meta Platforms, Snap Follow

Alphabet Class A (NASDAQ:GOOGL) and Class C (NASDAQ:GOOG) shares are down 6% in Thursday morning trading, with GOOGL stock at $321.65 and GOOG stock at $320.76. The slide follows Alphabet’s Q2 2026 report, released after Wednesday’s close. The drop caps a rough week for Alphabet (GOOGL) stock after a 79% one-year run. The broader tape ... Alphabet Drops 6% on Soaring AI Capex Despite 82% Cloud Surge; Meta Platforms, Snap Follow