Snap, the maker of Snapchat, is expected to report its first-quarter earnings after bell on Tuesday. Investors will be looking for signs that last quarter's user growth was no fluke.Last quarter, Snap delivered a pleasant surprise to investors when it showed renewed growth after its user based had begun to shrink in 2018. Now, investors will be looking for signs that last quarter was no fluke.
Snap's share price is up more than 100% year-to-date after a fast start in 2019. Besides re-surging user growth, Snap has announced a new gaming platform, new original shows, an ad network and more augmented reality features. Snap competitor Twitter had a strong earnings report earlier in the day on Tuesday, with better-than-expected earnings and user growth sending the stock up more than 15%.WATCH: Facebook, Snapchat and TikTok have a massive underage user problem — here's why it matters
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer: Charts show there's more upside in Alphabet, Alibaba and Snap'As much as we hate to chase on 'Mad Money,' the charts, as interpreted by Bob Lang, suggest that all three of these internet stocks have more room to run,' the 'Mad Money' host said.
Source: CNBC - 🏆 12. / 72 Read more »
Here are the biggest analyst calls of the day: Morgan Stanley, J.M. Smucker, Snap, Yelp & moreHere are the biggest calls on Wall Street on Thursday Smuckers makes dunkin donuts coffee I switched to local CT roasters though. mint flavor apple jelly I never saw that before.
Source: CNBC - 🏆 12. / 72 Read more »
Snap has three years to make a profit before it runs out of moneySnap has to raise user numbers and cut costs while fighting off Facebook’s plan to neutralize all and any competition. The pressure is on.
Source: latimes - 🏆 11. / 82 Read more »
The 'Endgame' Cast Found Out If They Would've Survived Thanos' Snap And Now You Can TooHere's Whether Or Not The 'Endgame' Cast Would've Survived Thanos' Snap
Source: BuzzFeed - 🏆 730. / 51 Read more »
Snap could see a 15% move when it reports earnings, traders sayThe options market implies a post-earnings move of 15% in either direction for the social media giant's stock, and trader Dan Nathan sees more potential risk than reward. OptionsAction buy buy buy up to 20!! j/k this is a dog!!!! OptionsAction This POS is selling off to $7.
Source: CNBC - 🏆 12. / 72 Read more »
Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for itSnapchat parent company Snap is scheduled to report first-quarter earnings after the bell on Tuesday.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Walmart and Amazon will now compete on an entirely new battleground as low-income shoppers get access to spend food stamps onlineAmazon and Walmart are now accepting Supplemental Nutritional Assistance Program (SNAP) benefits for groceries that are purchased online.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon demands selfies from delivery drivers to combat fraudAmazon is requiring delivery drivers to snap selfies to verify their identities. The new requirements apply to Amazon Flex drivers.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Spain's about to hold a general election: Here's what you need to knowSpain is holding a snap election on April 28 and the vote may throw up some surprising results.
Source: CNBC - 🏆 12. / 72 Read more »
Markets are underplaying the risk of the UK government imploding, strategist saysInvestors are underestimating the potential for the U.K. government to 'implode,' resulting in a snap general election, a senior foreign exchange strategist told CNBC.
Source: CNBC - 🏆 12. / 72 Read more »
Pinterest readies $1.3-billion IPO with anti social media marketing campaignThe San Francisco startup, which operates like an online bulletin board, claims its 250 million monthly users are looking for things to buy, giving it an edge over peers such as Snap and Twitter. The company expects to shell shares for as much as $17 a piece.
Source: latimes - 🏆 11. / 82 Read more »