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An appeals court ruled more than 3,000 lawsuits against Meta, Google, TikTok and Snapchat over addictive design claims targeting youth can proceed.

Snap (NYSE: SNAP) is among several social media platforms now facing thousands of consolidated lawsuits alleging addictive product design targeted at minors. A US federal appeals court rejected the companies' attempt to use Section 230 immunity, allowing the litigation to proceed. The cases raise regulatory and reputational questions for Snap that extend beyond earnings updates or valuation debates. The outcome is expected to shape legal risk for the wider social media sector as similar...

Platforms like Meta, TikTok, Snapchat, and Google are facing a long road of litigation.

DJT shares are taking another hit while the broader market climbs, and the pile of political and regulatory pressure building against Trump Media suggests today's drop may be the least of shareholders' worries.

The appeals court ruled Section 230 provides a liability defense, not immunity, making Meta's appeal premature

A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok, and other social media companies over claims they designed their products to be addictive to young ‌users. The San Francisco-based 9th U.S. Circuit Court of Appeals rejected the companies’ bid to reverse a lower court’s ruling forcing them to ‌face some 2,400 lawsuits over the claims filed in federal court. The companies, which also include Snap Inc's Snapchat, had argued that Section 230 of the Communications Decency Act of 1996 -  which ​shields them from lawsuits over content posted by their users - also shields them from allegations that they failed to warn the public about the addictive nature of their platforms.

The disposition reduced the insider's total equity holdings by 10%.

Pinterest is scheduled to report second-quarter financial results after the stock market closes on Tuesday.

(Bloomberg) -- SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’

Snap (SNAP) delivered earnings and revenue surprises of -14.29% and +4.31%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Chief Financial Officer Doug Hott said in prepared remarks that changes to the company’s cost structure are increasingly visible in its results, with its total adjusted cost structure rising just 4%.

RDDT stock is down 21% since Q2 results as search traffic volatility weighs on shares, but rising user engagement and ad tools keep investors watching.

Snap stock trades near an all-time low.

Hims & Hers shares crashed yesterday as the FTC filed a lawsuit against the telehealth provider. Here’s how you should play HIMS stock at current levels.

The telehealth provider shared patient health information with Snap and Meta, a federal complaint says.

A Florida teen dropped his lawsuit on Wednesday against Meta Platforms, canceling a Los Angeles trial over claims the social media company's apps caused his depression and anxiety. The trial, which had been ‌slated to begin on Monday, was expected to be the second trial in thousands of lawsuits that have been ‌consolidated in California state court over claims social media companies designed their platforms to be addictive to children, spurring a youth mental health crisis. The lawsuit, brought ​by a 15-year-old boy known as R.K.C. who started using social media when he was 8, originally named four defendants: Google's YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok, but YouTube and TikTok settled in June.

Snap stock is caught between a harsh trading history and a more forgiving valuation read, with shares down sharply over several years even as some market multiples now point to potential undervaluation. Snap has declined about 92.6% over the past 5 years, which shows how severely long term holders have been hit despite occasional short term bounces. Recent product updates such as AI powered advertising tools and smart glasses can support growth expectations, while legal and regulatory...

A major lawsuit has been filed against Snap Inc. alleging that Snapchat's design and recommendation systems enabled grooming and abuse of minors. The case follows renewed scrutiny after a dark web manual surfaced that explicitly targets Snapchat features for child exploitation. The allegations focus on user safety, product design choices, and how Snapchat's algorithms connect users on the platform. The filing raises new questions about Snap's regulatory risk and potential exposure to tighter...

A major lawsuit has been filed against Snap Inc. that alleges Snapchat’s product design enabled a predator to groom and assault a minor. The case focuses on features such as disappearing messages, Quick Add, Bitmoji avatars, and location sharing, which are claimed to have increased child safety risks. The suit highlights broader law enforcement concerns about Snapchat’s role in global online grooming cases and raises new legal and reputational questions for NYSE:SNAP. Snap, trading on the...

YouTube's owner, Google, has settled a lawsuit brought by a teenager suing the world's biggest social media companies over their role in the youth mental health crisis. The 16-year-old's lawyers said the terms of the settlement were confidential, but that TikTok, Snapchat, and Instagram are still set to face trial in July. Google spokesperson Jose Castaneda said‌ the lawsuit had been amicably resolved.

The latest trading day saw Snap (SNAP) settling at $4.66, representing a -1.69% change from its previous close.

Snap’s $2,195 “Specs” received an underwhelming response from consumers and analysts, with many contending that the AR glasses would fail to achieve mainstream adoption.

Snap stock fell on Wednesday after announcing its new Specs augmented reality glasses.

Investing.com -- Snap Inc. (NYSE:SNAP) shares suffered a brutal 9.6% drubbing Tuesday, marking its worst single-day collapse since March, after CEO Evan Spiegel asked investors to buy into a future where consumers willingly strap a thick, chunky, $2,195 computer to their faces. Spiegel debuted "SPECS"—the company’s first standalone augmented reality glasses—at the Augmented World Expo in California, framing them as the post-smartphone "computer of the future." Wall Street, however, looked at the

Specs marks Snap's latest hardware push as Spiegel targets early adopters, developers, and enterprise demand.

CEO Evan Spiegel took a jab at Meta, saying "those copycats up north" won't be able to replicate Specs, citing Snap's portfolio of over 7,000 patents.

On June 16, 2026, investors weighed Snap’s pricey new AR glasses against its long-term hardware ambitions and activist pressure.

Snap Inc. has officially opened preorders for Specs, a pair of standalone augmented reality glasses that blend digital content with the real world without requiring a smartphone.

The latest trading day saw Snap (SNAP) settling at $5.26, representing a -1.31% change from its previous close.

Snap recently reported strong first-quarter 2026 results, with revenue rising 12% year over year, adjusted EBITDA more than doubling, renewed daily active user growth, and a restructuring plan aimed at reducing annualized costs by over US$500 million in the second half of 2026. An interesting angle is how this cost-cutting push coincides with heavy investment in augmented reality, including the Illumix acquisition and development of its Specs AR glasses subsidiary. Now we’ll examine how...