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Snap Stock Sinks 13+% After Company Pulls Guidance Amid Macro Uncertainty
Snapchat's My AI, Once Controversial, Sees 55% Year-Over-Year Growth In Daily Active Users: CEO Evan Spiegel Says, 'Augmented Reality Is The Ideal Interface'
Express News | Snap Inc : Moffettnathanson Cuts Target Price by $1 to $8
Due to tariff impacts, the social media platform Snap retracts its revenue guidance for the second quarter, causing a sharp decline in stock prices after hours.
Snap's revenue in the first quarter was 1.36 billion dollars, slightly higher than the analysts' average expectation of 1.35 billion dollars, but it refused to provide sales forecasts for the second quarter, stating that the company is facing macroeconomic "headwinds" affecting its advertising business. Chief Financial Officer Derek Andersen stated that some Snap advertisers are reducing their spending.
Express News | In overnight trading, Nvidia drops 2%, SMCI, Starbucks, Snap, and First Solar shares fall after their financial results
Earnings Call Summary | Snap Inc(SNAP.US) Q1 2025 Earnings Conference
1604 : whata the reason
Airbags OP 1604 : for snap in particular the earnings were ok. and it had a big pull back but imo it's gonna rebound.
don't trust me though only my opinion
1604 Airbags OP : ok