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%.
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The app added 10 million more daily actives in the quarter while CEO Evan Spiegel said it’s looking to pace its investment in Specs glasses.
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.
Investors will be closely monitoring daily active user growth as multiple countries across the globe have introduced laws banning teens from using social-media platforms.
Earnings continue to be the market's engine, and a series of results this week from Palantir, SpaceX, and AMD are set to rev up stocks again.
Snap stock trades near an all-time low.
The company’s Q2 performance update also showed robust revenue growth despite what CEO Steve Huffman called “choppy” search referrals.
Social network Snapchat (NYSE: SNAP) will be reporting earnings this Monday after market hours. Here’s what you need to know.
Investing.com -- Australia’s government defended its ban on social media use by children under 16 after regulatory data showed that more than eight in ten teenagers remained active on social platforms three months after the restrictions took effect.
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?
A technology giant is growing faster than almost any company its size, yet the market is valuing it like a slow-moving utility. What does Wall Street see that the numbers seem to miss.
Most AI bets hinge on the technology actually working, but Meta offers a structure where failure still pays. Here is why one investor keeps buying regardless of how the superintelligence story unfolds.
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.
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...
(Updates with Hims' official statement in the third paragraph.) Hims & Hers Health (HIMS) is bein
SNAP heads into Q2 earnings with ad growth and AI tools in focus as geopolitical, restructuring and hardware pressures test results.
(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
While heavy AI spending has been a point of contention, Meta's strong ad-targeting performance and low valuation make for a must-watch report.
Reddit stock has shed nearly 25% in 2026 even as its financials flash some of the strongest growth metrics in social media. With its Q2 earnings report arriving Thursday, the setup heading into that call deserves a close look.
Meta heads into Q2 earnings with strong ad growth and AI-driven gains, but rising costs, heavy capex and a stretched valuation cloud the outlook.
Meta's ballooning capex plans spooked the market twice already this year, yet one investor keeps hitting the buy button anyway. The reasoning behind that conviction challenges everything the bearish capex narrative assumes.
Meta's stock has shed nearly 10% while its business keeps accelerating, creating a tension that puts investors in a tough spot ahead of the July 29 earnings report. Whether the pullback is an opportunity or a warning depends on one question Wall Street is still debating.
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...