The Latest Breaking News from SNAP

As the country’s food charities struggle to keep up with rising inflation and demand, the White House will host a conference on Wednesday

The central bank has dished out another 75 basis-point rate hike in its efforts to tame the decades-high inflation. With a recession expected to hit the economy soon, fundamentally weak stocks Snap (SNAP) and Palantir Technologies (PLTR) might be best avoided. Read on….

The stubbornly high inflation is raising the odds of the Fed launching another significant rate hike this week. Additionally, amid the growing recession fears, several companies are planning layoffs. Given such economic uncertainties, we think investors should avoid buying fundamentally weak stocks, Shopify (SHOP), Snap (SNAP), Robinhood Markets (HOOD), and…

U.S. gold futures traded higher this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

August inflation figures remained unrestrained despite the Fed's consecutive rate hikes, and another significant hike seems evident next week. Given the rising recession fears, we think fundamentally weak stocks Warner Bros. (WBD), Snap (SNAP), and ChargePoint (CHPT), which are trading near their 52-week lows, might be best avoided. Keep reading….

The raging inflation and the Fed’s aggressive rate hikes has led advertisers to cut back on spending, which is, in turn affecting social media companies. With the Fed expected to launch another significant rate hike this month, we think investors should avoid Twitter (TWTR), Snap (SNAP), and Groupon (GRPN). Read…

Social media firm Snap (SNAP) sees significant growth opportunities ahead. However, given the company’s bleak bottom line and negative ROE, is SNAP a buy under $12? Let’s find out….

With the Federal Reserve’s hawkish stance to fight sky-high inflation and increasing odds of recession, fundamentally weak stocks may struggle to stay afloat in the near term. Thus, we think shares of NVIDIA (NVDA), Snap (SNAP), and Avaya Holdings (AVYA), even though they are ultra-popular on Wall Street, could be…

A New Zealand group representing survivors of child sexual abuse in the Catholic Church has called on Pope Francis to intervene in the redress process, claiming that church authorities were mishandling it and retraumatising victims.

Since interest rate increases and consequent market volatility look all set to persist, the near-term outlook seems bleak for fundamentally weak companies such as Rivian (RIVN) and Snap (SNAP). Let’s take a closer look at their plight. Read on….

PALO ALTO, California — Snap has decided to chop nearly 500 jobs in California, including scores of layoffs in the Bay Area, a brutal round of cost-cutting ushered in by a string of setbacks in the financial results for the Snapchat owner.