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Snapchat's My AI, Once Controversial, Sees 55% Year-Over-Year Growth In Daily Active Users: CEO Evan Spiegel Says, 'Augmented Reality Is The Ideal Interface'
Wednesday, April 30, 2025 - 3:20am | 665Snap Inc.'s (NYSE:SNAP) My AI, which faced significant backlash upon its launch, has now experienced a surge in daily active users, growing 55% year-over-year in the U.S. What Happened: On Tuesday, during Snap's first-quarter 2025 earnings call, CEO Evan Spiegel highlighted how the feature's...
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Snap Hits 900 Million Users, Beats Q1 Estimates, But Stock Slides On 'Uncertainty'
Tuesday, April 29, 2025 - 4:35pm | 520Tech company and Snapchat parent Snap Inc (NYSE:SNAP) reported first-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Snap reported first-quarter revenue of $1.36 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of $...
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Snap CEO Says A 'Perfect' Snapchat Employee Has These 3 Qualities
Thursday, March 27, 2025 - 6:33pm | 395Snap Inc (NYSE:SNAP) CEO Evan Spiegel says the perfect Snapchat employee will have three key attributes. They would be smart, creative and kind. What To Know: Spiegel was featured on the "Diary of a CEO" podcast on Monday and talked about the importance of hiring, the corporate culture of Snapchat...
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Snap Stock Soars After Q4 EPS, Revenues Beat: Details
Tuesday, February 4, 2025 - 5:37pm | 335Snap Inc. (NYSE:SNAP) reported its fourth-quarter financial results after Tuesday's closing bell. Here's a look at the details from the report. The Details: Snap reported quarterly earnings of 16 cents per share, which beat the analyst consensus estimate of 14 cents. Quarterly revenue came in at $1...
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Snap Touts New Ad Formats And 'Simple Snapchat' — 10M Users Trial Growth-Driving Feature
Wednesday, October 30, 2024 - 3:27am | 654During its third-quarter earnings call on Tuesday, Snap Inc. (NYSE:SNAP) highlighted strong growth in daily active users and promising early results from its new ad formats and “Simple Snapchat” layout. What Happened: During the earnings call Snap’s CEO and co-founder Evan...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, September 13, 2024 - 10:53am | 1861Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Snap CEO Evan Spiegel Announces Focus On Ad Business And AR Amid Still Competition From TikTok And Mark Zuckerberg's Meta
Wednesday, September 4, 2024 - 12:04am | 640Snap Inc. (NYSE:SNAP) will focus on enhancing its advertising business and augmented reality offerings, CEO Evan Spiegel told employees on Tuesday. What Happened: The announcement comes as Snap faces stiff competition from major social media platforms like Mark Zuckerberg‘s Meta Platforms...
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Snap Stock Stumbles Into Death Cross As Executive Sales, New AR Spectacles Raise Eyebrows
Friday, August 23, 2024 - 12:19pm | 830Snap Inc. (NYSE:SNAP) finds itself in the middle of a perfect storm. The social media and augmented reality Spectacle innovator is wrestling with a Death Cross on its charts, hinting at potential bearish movement. Chart created using Benzinga Pro The stock is down a significant 41.82% year-to-date...
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Wedbush's Dan Ives Expresses Investors' Growing Frustration With Snap: 'Every Quarter There Is Another Dog Ate The Homework Excuse'
Monday, February 19, 2024 - 3:32am | 738Despite Snap Inc. (NYSE:SNAP) CEO Evan Spiegel‘s explanations, investors are growing increasingly disillusioned with the company’s financial performance. This is evidenced by the significant drop in Snap’s stock, which has plummeted by 40% this month. The company’s recent...
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Snap CEO Evan Spiegel: 'Snapchat Is Different Than Social Media'
Thursday, February 8, 2024 - 4:03pm | 433Snap, Inc. (NYSE:SNAP) CEO Evan Spiegel joined CNBC's "Money Movers" on Wednesday and shared his plan to increase advertising revenue by differentiating Snapchat from social media platforms. “Snapchat is different than social media. I think people are feeling a lot of fatigue around social...
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Snapchat's Evan Spiegel Takes Shots At Facebook, Instagram In A Leaked Memo: 'Social Media Is Dead'
Wednesday, January 10, 2024 - 3:27am | 603In a recently leaked internal memo, Snap Inc.’s (NYSE:SNAP) CEO, Evan Spiegel, rallied employees towards new objectives to overcome stagnant growth. The memo, a call to arms, was a clear critique of rival social media platforms and set the stage for the company’s strategic blueprint for...
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The 11 Youngest Richest People In America: Mark Zuckerberg, Brian Armstrong, A Walmart Heir — And A Connection To The Trump Family
Wednesday, October 4, 2023 - 7:22pm | 1040The 10 richest people in the world are worth $100 billion or more. Many on the list are over the age of 50 and have years of experience founding and leading companies, including Elon Musk who tops the list with a wealth of more than $200 billion. Here’s a look at the youngest members of...
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Snap Q2 Earnings Highlights: Revenue And EPS Beat, Q3 Guidance, Update On Artificial Intelligence Chatbot And More
Tuesday, July 25, 2023 - 4:42pm | 516Social media company Snap Inc (NYSE: SNAP) reported second-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Snap reported second-quarter revenue of $1.07 billion, which was down 4% year-over-year. The revenue total came in ahead of a Street consensus...
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Meta, MMA, And Now The Sky: Zuckerberg Might Be Planning To Join The Elite 'Flight Club' Including Elon Musk, Sam Altman
Monday, July 17, 2023 - 2:58am | 527Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg reportedly intends to join the ranks of Elon Musk, OpenAI’s Sam Altman, and Snap Inc. (NYSE:SNAP) CEO Evan Spiegel to pursue a new passion: piloting planes. What Happened: Records from the...
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Snapchat Takes A Leaf Out Of Apple's Playbook With New Location-Sharing Option
Thursday, April 20, 2023 - 7:57am | 388Snap Inc. (NYSE:SNAP) introduced a new location-sharing option similar to Apple Inc.’s (NASDAQ:AAPL) Find My platform. What Happened: As part of its Snap Summit, Snapchat has introduced several new features, including updates to its popular...