From Meta Platforms Inc. to Twitter, big names in the tech sector have announced major layoffs in October and November. Facebook parent Meta META, +5.18% is cutting 11,000 employees, or Read more
Tag: Snap Inc.
Google faces an advertising slowdown — here’s why earnings may hold up anyway
It’s been a challenging year for digital advertising, and the worst may be yet to come. “We believe the darkest days of this downturn are ahead of us,” Monness Crespi Read more
Snap’s ad woes turn some of Wall Street’s worst fears into reality, sending the internet sector on a tumble
Snap Inc.’s stock dropped sharply Friday as Wall Street took a hard look at the company’s latest string of disappointing news, which has the potential to rattle the broader internet Read more
Opinion: Snap investors, do you still trust Evan Spiegel?
When Snap Inc. went public in 2017, this column boiled down the entire investment opportunity to one, simple question: Do you trust Evan Spiegel? As Snap SNAP, -0.64% stock heads Read more
Snap stock plummets more than 20% as online advertising continues to struggle
A bruising year for Snap Inc.’s shares worsened Thursday, as the stock plummeted more than 20% in after-hours trading as executives launched the company’s first major share-repurchase program amid revenue Read more
Snap stock plummets more than 25% as online advertising continues to struggle
A bruising year for Snap Inc.’s shares worsened Thursday, as the stock plummeted more than 20% in after-hours trading as executives launched the company’s first major share-repurchase program amid revenue Read more
FTC chief Khan says ‘stealth’ digital ads are designed to ‘exploit children’s insecurities’ for profit, as agency considers new rules
Federal Trade Commission Chairwoman Lina Khan warned social media companies and other digital advertisers that the agency is considering new rules to protect American children from “stealth” digital advertising that Read more
Why stock market investors should wait for the 10-year Treasury to ‘blink’
When a key part of the U.S. bond market starts shrugging off new Federal Reserve interest rate hikes or tough talk on inflation, it’s probably time to buy stocks, according Read more
Snapchat is about to play the canary in social media’s treacherous coal mine
The last time Snap Inc. reported quarterly results, the roof caved in and its shares lost a quarter of their value. Slackening digital advertising and warnings of deep cost cuts Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more