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Snap (SNAP) Is Up 5.7% After Strong Q2 Revenue, Narrower Losses And AR Push - What's Changed
Simply Wall St.51d agoneutral
Snap (SNAP) Is Up 5.7% After Strong Q2 Revenue, Narrower Losses And AR Push - What's Changed

Snap Inc. has just reported its second-quarter 2026 results, with revenue rising to US$1,598.99 million from US$1,344.93 million a year earlier and net loss narrowing to US$163.96 million from US$262.57 million, supported by gains in advertising and subscription revenue plus positive free cash flow. The quarter also marked continued user and monetization progress, as daily active users reached 493 million and average revenue per user climbed to US$3.25, while Snap pressed ahead with AI...

Bloomberg52d agobearish
SpaceX’s First Earnings Offer a Chance to Reverse Stock’s Plunge

(Bloomberg) -- SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’

Snap's $2,195 Glasses Will See 'Mass Market Adoption' By End of Decade, Says CEO Evan Spiegel: 'Designed For a Future in Which AI Does More Work'
Benzinga52d agoneutral
Snap's $2,195 Glasses Will See 'Mass Market Adoption' By End of Decade, Says CEO Evan Spiegel: 'Designed For a Future in Which AI Does More Work'

Snap Inc. (NYSE:SNAP) said its $2,195 artificial intelligence-powered Spectacles are a long-term investment, with CEO Evan Spiegel acknowledging that mass-market adoption is unlikely before the end of the decade even as the company continues to invest in what it sees as the next computing platform. Mass Market Adoption May Take Years Speaking on the company’s second-quarter earnings call, Spiegel said Snap plans to unveil its augmented reality glasses at its Sept. 16 event before a commercial la

Snap Q2 Earnings Call Highlights
MarketBeat52d agoneutral
Snap Q2 Earnings Call Highlights

Snap (NYSE:SNAP) reported second-quarter revenue growth of 19% as the company cited improving advertising performance, rapid expansion in subscription-related revenue and increased cash generation. The company also said it is shifting its primary financial objective toward free cash flow per share w

Snap (SNAP) Misses Q2 Earnings Estimates
Zacks52d agobearish
Snap (SNAP) Misses Q2 Earnings Estimates

Snap (SNAP) delivered earnings and revenue surprises of -14.29% and +4.31%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Snap (NYSE:SNAP) Surprises With Strong Q2 CY2026, Stock Soars
StockStory52d agobullish
Snap (NYSE:SNAP) Surprises With Strong Q2 CY2026, Stock Soars

Social network Snapchat (NYSE: SNAP) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 18.9% year on year to $1.60 billion. Its GAAP loss of $0.10 per share was 18.3% above analysts’ consensus estimates.

Snap Loss Narrows on Higher Revenue After Cost Cuts
The Wall Street Journal52d agobearish
Snap Loss Narrows on Higher Revenue After Cost Cuts

Chief Financial Officer Doug Hott said in prepared remarks that changes to the company’s cost structure are increasingly visible in its results, with its total adjusted cost structure rising just 4%.

Alphabet Jumps 6%, Reddit Craters 23% in Social Media Stock Divergence?
24/7 Wall St.55d agobullish
Alphabet Jumps 6%, Reddit Craters 23% in Social Media Stock Divergence?

Social media stocks are pulling in opposite directions midday Friday, with Reddit (NYSE:RDDT) shares down 23% to $136.32, marking the stock’s worst intraday drop since its 2024 IPO. At the same time, Alphabet (NASDAQ:GOOGL) stock is up 6% to $352.45. The split is jarring because both names sit inside the same sector proxy. Meta Platforms ... Alphabet Jumps 6%, Reddit Craters 23% in Social Media Stock Divergence?