Though Snap's growth accelerated, it still fell behind that of Meta, which reported 27% growth in its better-than-expected ...
Shares in social media company Snap, which runs the youth-focused Snapchat, soared nearly 25 percent on Thursday after it reported more quarterly revenue than expected by analysts.
Snap revenue jumped more than anticipated and daily actives users hit 422 million for the March quarter, driving the shares up 26% after hours.
Snap's political-ad revenue could reach $64.8 million in 2024 ... the market-research firm Emarketer said, so Snap will be a drop in the ocean for most political advertisers.
Snap plans to continue to invest in generative AI models for the creation of Lenses on the platform, noting that the number of ML and AI Lenses viewed by users increased by more than 50% ...
Trending: Suze Orman Decided To Drop Homeowners Insurance After An Outrageous ... The company is expected to report EPS of 13 ...
Meta’s shares dropped about 10% in extended trade following the report, evaporating $125 billion worth of stock market value.
Snap-on (NYSE:SNA) on Thursday fell as much as 6.7% after the maker of hand tools reported first-quarter revenue that was less than expected. Revenue was little changed from a year earlier at $1. ...
Snap has issued a positive revenue forecast for the second quarter, projecting between $1.23 billion and $1.26 billion, which ...
More earnings from Big Tech companies roll in later today, with Microsoft and Alphabet reporting after the market close.
The share surge could lead the search giant's market value to top $2 trillion if premarket gains hold. Lifting sentiment further, Microsoft gained 4% on beating Wall Street estimates for third-quarter ...