Motley Fool7h agoneutral
Snap (SNAP) Q2 2026 Earnings Call TranscriptRevenue grew 19% as AI-powered ad tools drove conversions and subscriptions surged 85%.
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Reuters Videos11h agoneutralVIDEO
Tech Weekly: Nvidia raises cash, robot dogs keep homes safe<body><p>STORY: From Nvidia drumming up cash to four legged robots keeping homes safe.</p><p>This is Tech Weekly. </p><p>:: Tech Weekly</p><p>Nvidia said it's partnered with six major financial institutions to launch compute financing platforms...</p><p>aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the potential deals.</p><p>The move highlights how surging demand for AI computing capacity is drawing institutional investors.</p><p>A U.S. appeals court allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat.</p><p>It's over claims they designed their products to be addictive to young users.</p><p>A San Francisco-based court rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court.</p><p> Eyewitness video captured the moment China’s Long March 7A rocket exploded after take-off in Hainan.</p><p>State news agency Xinhua said the cause was under investigation.</p><p>The failure could trigger checks of other Chinese launches if investigators identify a problem involving shared components, manufacturing or Wenchang launch operations.</p><p>And would you trust a robot dog to keep you safe at home?</p><p>"Hey this is Landon from Undaunted products. How can I help you today?"</p><p>Robotic dogs are replacing overnight security guards at several Atlanta apartment complexes, where property managers say the machines are helping deter crime and improve safety.</p><p>At 445 Cleveland Apartments, two four-legged robots patrol the property's roughly 200 units.</p><p>The robots, operated by Atlanta-based startup Undaunted, are remotely controlled by human operators.</p><p>They monitor live camera feeds and communicate directly with residents through onboard speakers.</p></body>
TechCrunch1d agobearish
Social media platforms still facing thousands of user addiction lawsuits after failed appealsPlatforms like Meta, TikTok, Snapchat, and Google are facing a long road of litigation.
Quartz1d agobearish
9th Circuit rejects Meta bid to toss youth addiction lawsuitsThe appeals court ruled Section 230 provides a liability defense, not immunity, making Meta's appeal premature
Reuters1d agobearish
US appeals court allows thousands of lawsuits against social media companies over user addiction claims to proceedA 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.
Investor's Business Daily7d agobullish
Pinterest Earnings And Revenue Beat But Stock Slides LatePinterest stock fell late Tuesday, despite reporting second-quarter results that topped expectations. Pinterest's in-line third-quarter guidance may have been a disappointment after rival digital ad platforms Reddit and Snap offered stronger forecasts. The San Francisco-based Pinterest earned an adjusted 43 cents per share for the June-ended quarter, up 30% from a year earlier and ahead of the 36 cents per share that analysts polled by FactSet were forecasting.
Quartz7d agobullish
Snap posts Q2 2026 earnings beat on improving ad salesSnap reported Q2 revenue of $1.6 billion, up 19% year over year, with daily active users reaching 493 million
InvestorsHub7d agoneutral
U.S.-Iran Diplomatic Outlook Remains Unclear as Palantir and Snap Earnings Lift Market Mood: Dow Jones, S&P, Nasdaq, Wall Street FuturesU. S. stock futures traded higher on Tuesday following a positive start to the week on Wall Street, as investors weighed ongoing uncertainty surrounding the Middle East against another wave of corporate earnings.
Bloomberg7d agobearish
SpaceX’s First Earnings Offer a Chance to Reverse Stock’s Plunge(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’
GuruFocus.com7d agobullish
Snap Inc (SNAP) (Q2 2026) Earnings Call Highlights: Revenue Surges 19% to $1. ...Snap Inc (SNAP) delivers strong Q2 with record free cash flow, but faces a Q3 slowdown as World Cup tailwinds fade and infrastructure costs rise.
MarketBeat7d agoneutral
Snap Q2 Earnings Call HighlightsSnap (NYSE:SNAP) reported second-quarter revenue growth of 19% as the company cited improving advertising performance, rapid expansion in subscription-related revenue and increased cash generation. The company also said it is shifting its primary financial objective toward free cash flow per share w
Zacks7d agobearish
Snap (SNAP) Misses Q2 Earnings EstimatesSnap (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?
The Wall Street Journal8d agobearish
Snap Loss Narrows on Higher Revenue After Cost CutsChief 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%.
Zacks8d agobearish
Reddit Plunges 21% Post Q2 Earnings: Buy, Sell, or Hold the Stock?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.
Yahoo Finance8d agobullish
Earnings live updates: Marriott stock falls as Middle East drags, Trump brothers-backed American Bitcoin swings to lossEarnings 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.
StockStory9d agoneutral
Snap (SNAP) Q2 Earnings: What To ExpectSocial network Snapchat (NYSE: SNAP) will be reporting earnings this Monday after market hours. Here’s what you need to know.
Barchart12d agobearish
HIMS Stock in Focus as FTC Lawsuit Takes Aim at Hims & Hers Business PracticesHims & 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.
Bloomberg14d 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
Reuters20d agobearish
Teen plaintiff suing Meta over mental health harms drops his claims against company days before trialA 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.
TheStreet30d agoneutral
Mark Cuban has strong words on AI companies and job lossesOracle's annual filing cited AI adoption among the drivers of 21,000 job cuts in fiscal 2026. Snap cut 1,000 people and the CEO said rapid AI advances meant a smaller team could do the same work. At college graduation ceremonies this spring, speakers who brought up AI got booed. By May, Challenger, ...
StockStory32d agoneutral
Snap (SNAP): Buy, Sell, or Hold Post Q1 Earnings?Snap’s stock price has taken a beating over the past six months, shedding 42.7% of its value and falling to $4.69 per share. This might have investors contemplating their next move.
Bloomberg42d agoneutral
House Passes Online Safety Bill as Senate Eyes Stricter Push(Bloomberg) -- The House on Monday passed legislation to require new online safety protections for children, a sign of growing momentum in Washington to address a widespread concern among US parents even as the measure sets up a clash with senators seeking stronger safeguards.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Le
Sky News48d agobearish
YouTube settles social media addiction lawsuit brought by teenager amid tidal wave of court casesYouTube'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.