Snap Earnings Disappoint for Third Consecutive Quarter
Fair value estimate on Snap’s stock maintained at $27; company missed on top- and bottom-line growth.
Source: morningstar.com
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Snap Tumbles on Economic Downturn, Lower Hiring and Revenue
Evan Spiegel wrote that economic factors have hit revenue growth and that hiring for new roles will be substantially slowed in a memo to employees.
Source: businessinsider.com
Where next for Snap stock ahead of Q1 2022 earnings
Snapchat’s appeal to younger users and strong growth outside of North America and Europe means Snap is outperforming many of its rivals.
Source: cityindex.co.uk
Stanley Druckenmiller Dumped Meta Before Its $230 Billion Wipeout: 13F
Druckenmiller's biggest acquisition in the last quarter was a near-$100 million position in oil major Chevron, a 13F filing from Monday showed.
Source: businessinsider.com
Stanley Druckenmiller Dumped Meta Before Its $230 Billion Wipeout: 13F
Druckenmiller's biggest acquisition in the last quarter was a near-$100 million position in oil major Chevron, a 13F filing from Monday showed.
Source: businessinsider.com