Snap Inc
Samsung to launch its Apple Vision Pro rival headset this year
Samsung’s extended reality ‘Project Moohan’ headset on display at the Mobile World Congress 2025 in Barcelona. Arjun Kharpal | CNBC Samsung will launch its extended reality headset this year, a spokesperson for the company told CNBC on Tuesday. The device, dubbed Project Moohan, is Samsung’s answer to Apple‘s $3,500 Vision Pro, which was launched last […]
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A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
Jaque Silva | Nurphoto | Getty Images The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. Reddit on Wednesday reported fourth-quarter revenue of $428 million, which was up 71% from the previous year and represents the fastest growth rate for any quarter since 2022. Although Reddit’s […]
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Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in […]
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Stocks making the biggest moves premarket: Coca-Cola, Shopify, Snap, First Solar & more
Check out the companies making headlines in premarket trading. Coca-Cola — The soda maker popped 3% after beating Wall Street expectations on both lines for the fourth quarter. Coca-Cola earned 55 cents adjusted per share on $11.54 billion in revenue, while analysts polled by LSEG forecasted 52 cents in earnings per share and $10.68 billion […]
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Pinterest shares rocket 19% on strong revenue and user growth
Sopa Images | Lightrocket | Getty Images Pinterest shares surged 19.1% after the company beat Wall Street’s fourth-quarter sales estimates and showed robust user growth from a year ago. The image-sharing company reported revenues of $1.15 billion, ahead of a $1.14 billion estimate from analysts surveyed by LSEG. The figure represented 18% year-over-year growth. Along […]
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NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat
Katie Austin normally publishes fitness content to her Instagram and YouTube channel. But this week, she’s been posting a steady trickle of content from New Orleans. That’s because Austin, 31, from California, is one of hundreds of creators who have swarmed the Big Easy for Super Bowl 59, getting paid large contracts to make social […]
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Amazon’s advertising business grew 18% in the fourth quarter
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022. Graham Hughes | Bloomberg | Getty Images Amazon’s online advertising business logged $17.29 billion in the fourth quarter, up 18% from a year ago. Analysts polled by StreetAccount were expecting Amazon to report ad revenue of […]
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S&P 500 futures fall after latest earnings, Alphabet’s revenue miss: Live updates
Traders work on the floor of the New York Stock Exchange on Jan. 28, 2025 in New York City. Michael M. Santiago | Getty Images S&P 500 futures fell Tuesday night following a revenue miss from Google-parent Alphabet, after the major averages had closed out the regular session higher. S&P 500 futures and Nasdaq 100 […]
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Snap shares soar on better-than-expected profit and revenue
Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results. Here is how the company did compared with Wall Street’s expectations: Earnings per share: 16 cents adjusted vs. 14 cents expected, according to LSEG Revenue: $1.56 billion vs. $1.55 billion expected, according to LSEG Global daily active users: 453 million vs. 451.1 million […]
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Stocks making the biggest moves after hours: Alphabet, Chipotle Mexican Grill, Snap and more
Check out the companies making headlines after hours: Alphabet — Shares dropped 7.4% after Google parent Alphabet posted a revenue miss . Fourth-quarter revenue of $96.47 billion fell short of the $96.56 billion expected by analysts polled by LSEG. On the other hand, earnings per share of $2.15 exceeded the $2.13 consensus estimate. Chipotle Mexican […]
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