Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties.
Related Posts
Kenvue shares surge after activist Starboard takes stake
Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023.
Hedge funds turn defensive amid tariff chaos, selling tech stocks at the fastest pace in 6 months
Professional traders has net sold global equities for six weeks in a row with last week’s notional de-grossing amount reaching the largest level since July.
Amazon and Nvidia say AI data center demand is not slowing down
Recession fears and the advent of China’s DeepSeek have investors questioning whether U.S. tech companies will pullback on their data center plans.