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The Latest Breaking News from SNAP

Stock Market Hits Highs As AI Plays Arm, Palantir Skyrocket: Weekly Review

The stock market rally hit fresh highs, with the S&P 500 hit 5,000. Arm and Palantir skyrocketed, with several other AI plays running higher.

Investors Business Daily

Colorado's staggering SNAP backlog

"The food stamps literally put food on my table ... If I didn't have the food stamps, I wouldn't have food"

Salon

Stock Market Today: S&P 500 Nabs a New Record High

The main indexes carved out notable gains Wednesday thanks to well-received earnings from Chipotle and Roblox.

Kiplinger

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Stock Market Today: Dow Jones Rises As S&P Eyes 5,000 Level; A Cathie Wood Pick Surges While Alibaba Tumbles

The Dow Jones index rose amid more earnings news. Cathie Wood's top pick Roblox surged on earnings as Alibaba tumbled.

Investors Business Daily

Dow Jones Rises As Market Rally Hits New Highs; 4 Stocks Flash Buy Signals

The major indexes opened near highs. Snap is crashing on earnings but Fortinet and several stocks may offer buying opportunities.

Investors Business Daily

Uber posts first full-year operating profit as a listed company – business live

2023 was an “inflection point for Uber”, says CEO Dara Khosrowshahi

The Guardian - UK

Lawmakers wrangle over rescissions from 2022 law for farm bill - Roll Call

House lawmakers are arguing over using funds appropriated in 2022 to help pay for the farm bill, a typically bipartisan piece of legislation.

Roll Call

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Dow Jones Futures: Snap Crashes But These Stocks Jump On Earnings

The major indexes rallied for slim gains, with Palantir surging. Elf Beauty, Fortinet and Snap led earnings movers late.

Investors Business Daily

Snap Stock Plunges On Q4 Miss Amid Stiff Social Media Competition

Snap stock plunged after the social network reported Q4 adjusted profit that topped estimates while revenue missed.

Investors Business Daily

Snap Lets Go 10% Of Staff

The company had slightly more than 5,300 employees at the start of November last year, the company said.

Latin Times

Snap Lets Go Ten Percent Of Staff

Social media company Snap, which runs the youth-focused Snapchat platform, on Monday said it was laying off about ten percent of its staff, joining a wave of job cuts in the tech sector.

International Business Times

Americans are struggling to afford enough food

Food insecurity rose in the US in 2023, from affecting 10.7% of adults in March to 12.5% in October.

USAFacts

Snap Inc. to Cut 10% of Workforce amidst Layoff Trend

Snap Inc., the owner of Snapchat, is cutting approximately 530 employees, about 10% of its workforce. This comes as several tech companies, including Micro...

Top News

Dow Jones Falls 274 Points After Powell Comments; Cathie Wood Loads Up On Stock Amid 40% Plunge

The Dow Jones fell after Fed Chair Powell spoke out on rates. Cathie Wood snapped up shares of a diving stock. Nvidia stock rose on a bullish call.

Investors Business Daily

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news in one place.

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Investors Business Daily

Snap Is Cutting 10% Of Its Workforce; Stock Slides

Snap said it is eliminating 10% of its workforce as part of a restructuring plan. Snap stock slipped.

Evening Standard

Snapchat owner to cut 500 jobs in 'team restructure'

Snap Inc, the owner of social media app Snapchat is set to axe 10% of its workforce as part of a 'team restructure' as the firm seeks to cut overheads amid growing losses.

Digital Camera World

The Snap (Snapchat) drone Pixy recalled as fire hazzard—what an end to the story!

Snapchat (or 'Snap') 'flying camera' drone recalled because battery is fire hazard, and app will remove support for drone

GoodToKnow

'The best parenting in the world cannot keep children safe’, Prince Harry and Meghan call for change to online child safety

The Duke and Duchess of Sussex outline the heartbreaking suffering of parents who've lost a child to online safety as they call for tougher action.

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news in one place.

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Salon

"Food is medicine," but only for some

"Nutrition is health. It is critical that all Americans have access to healthy food."

StockNews.com

META vs. SNAP: Internet Buy, Hold, or Sell?

The evolution of the internet, combined with immersive technologies and the ascent of generative AI, marks a transformative era. In this context, which internet stock, Meta Platforms (META) or Snap Inc. (SNAP), is poised to deliver superior returns against this backdrop? Let’s find out….

The Guardian - US

‘It was forced’: grieving parents unfazed by sorry tech CEOs at US Senate hearing

Many parents held up images of the children who died after falling prey to abusers on apps such as Instagram, TikTok and Snapchat

WEKU

'You have blood on your hands,' Senator tells Mark Zuckerberg for failing kids online

The top tech executives from Meta, X, TikTok, Snap and Discord get the fifth degree from the Senate Judiciary Committee.

The Guardian - US

Mark Zuckerberg and Snap CEO Evan Spiegel apologize to families of online harm victims at Senate hearing – as it happened

Meta chief turns to relatives in the room and says ‘I’m sorry for everything you’ve all gone through’; Spiegel apologizes that site couldn’t prevent tragedies

International Business Times

Tech CEOs Face US Senate Grilling Over Youth Content

Meta CEO Mark Zuckerberg and the chief executives of X, TikTok, Discord and Snap face a grilling by US lawmakers on Wednesday over the dangers that social media platforms bring to children and teens.

The Guardian - US

Zuckerberg tells parents of social media victims at Senate hearing: ‘I’m sorry for everything you’ve been through’

CEOs of Meta, X, TikTok, Snap and Discord questioned before Congress over alleged harms to young users on their platforms

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People

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