April 29, 2025, 5:20 pm
Snap’s stock experienced a steep fall amid subdued Q2 performance, with both accounts noting the inability to offer clear guidance amid revenue headwinds. The drop underscores mounting investor unease with ongoing market challenges.
Following this announcement, the company's shares dropped by 9% in extended trading.
Snap Shares Fall on Q2 ‘Headwinds’ The Information
Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties.
permalink / 3 stories from 3 sources in 10 hours ago #stockmarket #earnings #recession #snapchat #business #economy
At its first-ever LlamaCon, Meta unveiled its Llama API along with other AI innovations to win over developers. The company flexed its AI muscle with bold new tools aimed at stirring up enthusiasm in the tech community—even as skeptics wonder if this pitch will convert hardcore rivals. More...
In response to user outcry over its overly deferential tone, OpenAI has pulled back a recent update to its ChatGPT model. CEO Sam Altman confirmed the rollback, citing concerns that the AI’s extreme sycophancy was undermining authentic, balanced interactions. More...
In a surprising twist for the programming world, Microsoft’s CEO revealed that up to 30% of the company’s code is generated by artificial intelligence. This bold move highlights the tech giant’s rapid adaptation to AI trends—and plenty of debugging adventures still lie ahead. More...
Critical flaws in Apple's AirPlay protocol and SDK allow hackers to gain remote code execution without user interaction. This zero‐click vulnerability exposes smart speakers, TVs, and other connected devices to serious risk, proving that even polished ecosystems have their chinks in the armor. More...
Recent reports highlight a surge in zero‐day hack usage by government-linked cyber actors. According to tech titans and security research, while overall threat detections dropped, targeted attacks have shifted to more covert exploits, raising alarms over national security vulnerabilities and the shadowy world of state-sponsored cyber warfare. More...
Supermicro misses revenue forecast, stock tanks on weak guidance (4 hours ago)
Iberian blackout exposes net-zero grid vulnerabilities (19 hours ago)
Roborock Eyes Hong Kong Listing Amid Strategic Expansion Moves (2 days ago)
Supermicro misses revenue forecast, stock tanks on weak guidance (4 hours ago)
Samsung Q1 Earnings: Chip Profit and Operating Success Exceed Forecasts (6 hours ago)
Snapchat Abandons Simplified Redesign Amid User Backlash (10 hours ago)
Mortgage and Refinance Rates Climb on April 28 Data (47 hours ago)
Trump’s Tariffs Shake Global Trade and Domestic Policies (2 days ago)
Intel Forecast Spurs Expense and Jobs Cuts (5 days ago)
Snapchat Abandons Simplified Redesign Amid User Backlash (10 hours ago)
Supermicro misses revenue forecast, stock tanks on weak guidance (4 hours ago)
UPS Cuts 20,000 Jobs Amid Amazon Pullback (13 hours ago)
Duolingo Embraces AI, Phasing Out Human Contractors (17 hours ago)
UPS Cuts 20,000 Jobs Amid Amazon Pullback (13 hours ago)
Trump’s Auto Tariff Tango and Industry Shockwaves (15 hours ago)
Mortgage and Refinance Rates Climb on April 28 Data (47 hours ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.