SNAP News and Press, Snap Inc. Class A From 12/29/23

2023-12-29 15:00:18 ET More on the markets Sentiment Speaks: The Fed Is Going To Put A Big Hurt On Everyone In 2024 5 Big Market Predictions For 2024 2024 Analyst Outlook: Lawrence Fuller On An Economic Soft Landing Scenario A Peak In Excess Liquidity May Mea...

2023-12-29 08:22:51 ET Summary Snap's stock has rebounded in 2023 on the back of improved investor sentiment. The company's fundamentals remain poor, though, indicating ongoing issues which increasingly appear to be company-specific. While Snap's advertising business is strugg...

2023-12-28 20:47:00 ET Summary Snap's stock has seen a significant rally this year, outperforming the S&P 500. Enthusiasm over the company's My AI product has driven some bullishness, but this is likely to be a novelty pop that fades with time. The company is seeing sharpl...

2023-12-27 00:01:00 ET Summary Market participants are increasingly factoring in the likelihood that the current series of rate hikes has concluded, with the Fed ‘dot plot’ of forward policy rate projections reinforcing that view and forecasting 75 bps of interest rate c...

2023-12-25 04:12:00 ET Summary The stock market, led by the Dow, is going parabolic as it inflates on helium forced into the financial system by the Fed. Long positioning by CTAs is at its most extreme level in at least eight years. In my opinion, SNAP is worth no more than th...

2023-12-24 08:24:00 ET It may describe itself simply as a technology company, but the primary moneymaker for Snap (NYSE: SNAP) is its popular Snapchat app. And with 750 million people using Snapchat every month around the world, it's fair to say the app is a huge success. Snap g...

2023-12-21 18:12:59 ET Summary Snap Inc. shares have doubled in the last quarter and have significant upside potential. The Snapchat+ subscription service has seen explosive growth, with the potential to quickly surpass $500 million in annualized revenue in early 2024. Snap's ...

2023-12-21 10:55:22 ET Summary Snapchat has rallied hard from the lows, but I question if the rally is justified. Investors should be asking why Snapchat is not executing as strongly as peer Meta Platforms. Consensus estimates look aggressive, and the stock does not look that ...

2023-12-20 15:01:19 ET More on Meta, Pinterest and Snap Meta's Path To Over $1,000 Meta: WhatsApp Is Really Going To Be The Next Chapter Meta Gets A Big Boost As X Falters Amazon, Meta, Uber top picks at Citi for 2024 Image-sharing platform Pinterest ...

2023-12-18 08:49:47 ET More on Snap Snap: Look Out Below Snap: High-Risk, High-Reward Play On A Rebounding Ad Market Why I'm A Snap Fan Here Can GOOG, META and SNAP extend gains in 2024 as Ad Market picks up steam? Snapchat+ surpasses 7M subscribers, ...