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Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial
Reuters21d agobearish
Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial

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 (SNAP) Stock May Be Cheap Even With AR Risk
Simply Wall St.21d agoneutral
Snap (SNAP) Stock May Be Cheap Even With AR Risk

Snap stock is trading near US$4.56 after a multi year slide, and the core valuation question is whether the current price reflects a business that has already been repriced for past setbacks or one that still embeds too much uncertainty despite signs of potential upside from its augmented reality push. Snap shares are down about 93.8% over the past 5 years, which signals investors have heavily marked down the company’s prospects over a longer horizon. The launch of the US$2,195 SPECS...

Reddit Sinks 9% on Reports It May Cut Off Google’s AI Data Access
24/7 Wall St.21d agoneutral
Reddit Sinks 9% on Reports It May Cut Off Google’s AI Data Access

Reddit is threatening to pull the plug on Google's access to its massive trove of human conversation data, and the market reaction has been swift and brutal. Whether this standoff becomes a goldmine or a catastrophe for Reddit depends on a negotiation that could reshape how AI companies pay for the content fueling their models.

1 Value Stock with Impressive Fundamentals and 2 That Underwhelm
StockStory27d agoneutral
1 Value Stock with Impressive Fundamentals and 2 That Underwhelm

Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor. The key risk, however, is that these stocks are usually cheap for a reason — five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.

Here’s Why Wells Fargo Rates Snap (SNAP) Neutral With A $5 Price Target
Insider Monkey29d agoneutral
Here’s Why Wells Fargo Rates Snap (SNAP) Neutral With A $5 Price Target

Snap Inc. (NYSE:SNAP) is one of the 10 Best Low-Priced AI Stocks to Buy Right Now. Snap Inc. (NYSE:SNAP) draws significant attention from Wall Street and hedge fund institutions, helping it secure a spot on our list of the best low-priced AI stocks to buy right now. Two analyst reports released on the same day […]

1 Stock Under $10 Worth Your Attention and 2 We Avoid
StockStory30d agoneutral
1 Stock Under $10 Worth Your Attention and 2 We Avoid

Investors can certainly boost their returns by concentrating on stocks trading between $1 and $10. However, a disciplined approach is necessary because many of these businesses are speculative and lack the underlying fundamentals to support their prices.

Mark Cuban has strong words on AI companies and job losses
TheStreet31d agoneutral
Mark Cuban has strong words on AI companies and job losses

Oracle'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, ...

Snap’s High-End SPECS AR Glasses and Earnings Timing Might Change The Case For Investing In Snap (SNAP)
Simply Wall St.32d agoneutral
Snap’s High-End SPECS AR Glasses and Earnings Timing Might Change The Case For Investing In Snap (SNAP)

Snap Inc. recently unveiled SPECS, its standalone augmented reality glasses priced at US$2,195 and set to ship in the US, UK, and France from fall 2026, while also scheduling its second-quarter 2026 earnings call for August 3, 2026. The combination of a high-end AR hardware launch and heightened attention on upcoming earnings has sharpened focus on how Snap’s innovation efforts intersect with its operating performance and cash generation. Next, we’ll examine how the launch of SPECS as a...

Pinterest (PINS) Could Be 19% Undervalued Following Its Ad Tech Narrative
Simply Wall St.33d agoneutral
Pinterest (PINS) Could Be 19% Undervalued Following Its Ad Tech Narrative

Pinterest (PINS) has drawn fresh attention after appointing Julie Henderson as chief communications officer, bringing experience from Snap and Twenty-First Century Fox to shape how the company tells its story to investors and advertisers. See our latest analysis for Pinterest. At a share price of US$22.52, Pinterest has seen a 27.81% 90 day share price return but a year to date share price decline of 15.21%, while the 1 year total shareholder return is down 36.42%. This reflects shifting...

Snap (SNAP) Could Be 38% Undervalued Following Its SPECS Launch
Simply Wall St.33d agoneutral
Snap (SNAP) Could Be 38% Undervalued Following Its SPECS Launch

Snap (SNAP) is back in focus after unveiling SPECS, high priced augmented reality glasses pitched as a step beyond smartphones. The launch is prompting fresh questions about how this hardware fits with the stock’s recent weakness. See our latest analysis for Snap. Snap’s recent SPECS launch comes after a tough run for investors, with the share price falling 42.44% year to date and the 1 year total shareholder return down 48.63%. This signals fading momentum despite ongoing product efforts. If...

Pinterest (PINS) Appoints Julie Henderson As Communications Chief With A Message Focus
Simply Wall St.33d agoneutral
Pinterest (PINS) Appoints Julie Henderson As Communications Chief With A Message Focus

Pinterest (NYSE:PINS) appointed Julie Henderson as chief communications officer. Henderson previously held senior communications roles at Snap Inc. and major media companies. The move indicates a focus on corporate communications and investor messaging during a period of change for digital advertising and social media. Pinterest operates a visual discovery platform that connects users, advertisers, and brands, with its business closely tied to trends in digital advertising and social media...

Benchmark Maintains a Hold Rating on Snap Inc (SNAP) Despite SPECS Release
Insider Monkey34d agoneutral
Benchmark Maintains a Hold Rating on Snap Inc (SNAP) Despite SPECS Release

Snap Inc. (NYSE:SNAP) is one of the Best Penny Stocks to Invest In According to Billionaires. Last month, on June 16, Snap Inc. (NYSE:SNAP) released SPECS, which are the company’s augmented reality glasses. The company priced the glasses at $2,195 for pre-order and noted that shipping will start in the US, UK, and France in […]