Shares of social network Snapchat (NYSE: SNAP)
fell 6.2% in the morning session after anxiety and uncertainty rattled markets as the major stock indices pulled back in the morning session amid concerns about "reciprocal tariffs" to be announced later in the week. The planned tariffs, scheduled for April 2, 2025 (dubbed Liberation Day), were targeted at all countries where the United States had a trade deficit.
Although the S&P 500 is down 1.4% over the past six months, Snap’s stock price has fallen further to $9.13, losing shareholders 14.7% of their capital. This may have investors wondering how to approach the situation.
The world of video games and interactive media has undergone a remarkable transformation over the past few decades. From pixelated 2D sprites to photorealistic 3D environments, the industry has consistently pushed the boundaries of technology and storytelling. As we stand on the cusp of a new era, the next decade
Consumer internet businesses are redefining how people engage with the world by giving them instant connectivity and convenience. These themes have enabled rapid growth for the industry,
which has posted a 19.2% gain over the past six months.
This was a good place to be as the S&P 500 was stuck in neutral.
Internet giants such as Google, Meta, and Reddit could face the loss of key legal protections from liability lawsuits with the 2027 expiration of "Section 230," said a report.
Shares of social network Snapchat (NYSE: SNAP)
jumped 5.5% in the afternoon session as stocks rebounded to start the session amid continued market volatility and moved slightly higher after the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."
Mid-cap stocks have the best odds of scaling into $100 billion corporations thanks to their tested business models and large addressable markets.
But the many opportunities in front of them attract significant competition, spanning from industry behemoths with seemingly infinite resources to small, nimble players with chips on their shoulders.
Meta, TikTok, and Snapchat are challenging Australia's decision to exempt YouTube from its strict social media ban for users under 16, arguing that the platform poses similar risks and that regulations should be applied equally across all social media companies.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the social networking industry, including Nextdoor (NYSE:KIND) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Snap (NYSE:SNAP) and its peers.
