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Qualcomm Climbs 8% as Buyback, Snap AR Partnership Power Pivot Beyond Smartphones
24/7 Wall St.90d agobullish
Qualcomm Climbs 8% as Buyback, Snap AR Partnership Power Pivot Beyond Smartphones

Shares of Qualcomm (NASDAQ:QCOM) gained 8% and hit $223 in midday trading on Thursday, May 7, before coughing up some of the day’s gains. The move extends one of the sharpest re-rating runs in the chip group this spring. QCOM stock is now up 61% over the past month. The catalyst stack is unusually broad: ... Qualcomm Climbs 8% as Buyback, Snap AR Partnership Power Pivot Beyond Smartphones

Snap (SNAP) Q1 2026 Earnings Call Transcript
Motley Fool90d agoneutral
Snap (SNAP) Q1 2026 Earnings Call Transcript

Last fall, we described a crucible moment for Snap and the imperative to grow our community and engagement, reaccelerate revenue growth improved gross margins and establish a clearer path to net income profitability. Q1 marked a return to growth in daily active users reaching $483 million, while monthly active users grew to 956 million. Revenue increased 12% year-over-year to $1.53 billion, including a 3% year-over-year increase in advertising revenue to $1.24 billion and an 87% year-over-year increase in other revenue to $285 million.

Here is Why Snap (SNAP) is One of the Best AI Stocks Under $50 to Buy Right Now
Insider Monkey90d agobullish
Here is Why Snap (SNAP) is One of the Best AI Stocks Under $50 to Buy Right Now

Snap Inc. (NYSE:SNAP) is one of the best AI stocks under $50 to buy right now. On April 10, Snap and Qualcomm (NASDAQ:QCOM) announced a multi-year agreement to power future generations of Specs, Snap’s advanced AR eyewear, with Snapdragon XR SoC solutions. This flagship collaboration aims to integrate digital experiences seamlessly into the physical world […]

Investors Should Dump Snap Stock As Fast As They Can
24/7 Wall St.90d agoneutral
Investors Should Dump Snap Stock As Fast As They Can

Snap (NASDAQ: SNAP), owner of Snapchat, just posted another trainwreck of a quarter. The stock is down almost 35% this year, 29% over the last year, and 89% over the last five years. There is not a single thing in its business or its prospects that can save investors. They need to shut the door. ... Investors Should Dump Snap Stock As Fast As They Can

Stocks to Watch: Whirlpool, Snap, Arm, McDonald’s
The Wall Street Journal90d agoneutral
Stocks to Watch: Whirlpool, Snap, Arm, McDonald’s

↘️ Whirlpool (WHR): The Michigan-based maker of refrigerators and washing machines roughly halved its full-year earnings guidance and suspeneded its dividend. The stock fell 15% in premarket trading. ↘️ Shell (UK:SHEL): The British energy giant said first-quarter earnings more than doubled, but warned of lower gas production due to the war with Iran.

How Investors Are Reacting To Expedia Group (EXPE) Hiring Snap Veteran Derek Andersen As CFO
Simply Wall St.91d agoneutral
How Investors Are Reacting To Expedia Group (EXPE) Hiring Snap Veteran Derek Andersen As CFO

Expedia Group has appointed Derek Andersen, former Snap Inc. CFO and longtime Amazon finance leader, as its new Chief Financial Officer, succeeding Scott Schenkel, who is leaving after supporting margin expansion and strengthening the company’s financial foundation. Andersen’s background in finance leadership across social media, streaming, ecommerce, and digital media platforms introduces a tech-centric perspective to Expedia’s global finance organization under CEO Ariane Gorin. We’ll now...

DoorDash, Arm Holdings, Snap: After-Hours Earnings to Watch
The Wall Street Journal91d agoneutral
DoorDash, Arm Holdings, Snap: After-Hours Earnings to Watch

↘️ Arm Holdings (ARM): The British semiconductor design company said it was seeing rampant demand for its new computer chips. Shares were volatile afterhours, recently falling more than 7%, after rising 14% during regular trading hours.

Investing.com91d agobearish
Snap falls 3% on in-line second quarter guidance

Investing.com - Snap Inc. (NYSE:SNAP) reported first quarter results that exceeded analyst expectations, but shares fell 3% as the company’s second quarter revenue guidance came in roughly in line with Wall Street estimates.

Snap, Perplexity Mutually End AI Deal
The Wall Street Journal91d agoneutral
Snap, Perplexity Mutually End AI Deal

Snap and Perplexity scrapped a deal to integrate the startup’s AI-powered answer engine directly into the social-media platform, ending a relationship that had boosted investors’ hopes for improved profitability at Snap.

Snap's quarterly revenue rises, daily active users return to growth
Reuters91d agoneutral
Snap's quarterly revenue rises, daily active users return to growth

Snap said on Wednesday its first-quarter revenue rose 12% on the back of resilient advertising spending and ‌that its number of daily active users returned to growth, ‌driven by markets outside of North America and Europe. The Snapchat parent, squeezed between dominant ​platforms such as TikTok and Meta's Instagram in a crowded social media market, has been turning to subscriptions to boost its revenue, which comes predominantly from advertising sales. Snap and artificial intelligence start-up Perplexity "amicably" ended their $400 ‌million deal in the first ⁠quarter, it said on Wednesday, around six months after announcing it.

A Peek Into Snap Inc (SNAP)’s AI-Driven Advertising Strategy
Insider Monkey91d agoneutral
A Peek Into Snap Inc (SNAP)’s AI-Driven Advertising Strategy

Snap Inc (NYSE:SNAP) is one of the best large cap penny stocks under $10 to buy now. This social media stock has gained more than 20% over the past month. On April 28, Snap Inc (NYSE:SNAP) and Experian announced a partnership on AI-powered ads. This arrangement involves Experian bringing its trusted financial information directly to […]

CEOs Have Split on AI’s Jobs Impact
The Wall Street Journal91d agoneutral
CEOs Have Split on AI’s Jobs Impact

Here's how two senior executives said AI will affect their businesses in the years ahead: AI changes “how we work,” says Brian Armstrong, CEO at Coinbase Global. The company on Tuesday announced it was cutting 14% of its workforce.

Randian Activist Push Puts Snap Specs Review And Valuation In Focus
Simply Wall St.91d agoneutral
Randian Activist Push Puts Snap Specs Review And Valuation In Focus

Randian Capital has launched an activist campaign targeting Snap (NYSE:SNAP), calling for a review of its Specs Inc. subsidiary and potential asset sale. The fund is urging changes to Snap's board to increase AI and advertising expertise, along with governance reforms tied to index inclusion and content moderation policies. The campaign became public this week through a letter to Snap's Board that lays out specific proposals aimed at influencing the company’s direction and governance. For...