snaps

Snap’s report incinerates $80 billion in ad industry market cap

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Meta Platforms, Alphabet, Snap, Twitter and others see stock market losses due to diverse factors Meta Platforms, Alphabet, Snap, Twitter and others see stock market losses due to diverse factors Facebook-owner Meta Platforms, Google-owner Alphabet, and other companies that sell online ads lost about $80 billion in combined stock market value on Thursday after Snap … Read more

Snap’s Earnings Are Thursday. Here’s What to Expect.

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Text size In May, Snap lowered financial forecasts it had issued in April. Dreamstime When Snap reports its second-quarter results, investors will be watching closely to see how badly the weakening economy is affecting advertising at Snap chat, the social-media platform. That, in turn, will offer a window on the outlook for Meta Platforms , … Read more