Snap (SNAP) saw its stock decline after releasing its Q1 earnings, despite exceeding earnings per share (EPS) expectations and reporting steady revenue and user
Shares of Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) gained 8% and hit $223 in midday trading on Thursday, May 7, before coughing up some of the day's gains.
Snap posts 12% revenue growth and surging EBITDA in Q1, as user gains, ad strength and subscriptions drive momentum despite regional headwinds.
Snap (NASDAQ: SNAP | SNAP Price Prediction), owner of Snapchat, just posted another trainwreck of a quarter.
Shares of Snap Inc (NYSE:SNAP) are slipping today, after the social media platform announced disappointing current-quarter guidance and announced it ended its deal with AI startup Perplexity.
NEW YORK, May 7, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Snap, Inc. ("Snap" or the "Company") (NYSE: SNAP).  Such investors are advised to contact Daniell
Stock futures are higher across the board on Thursday following another batch of strong earnings
Snap stock was tumbling after earnings. The cancellation of a deal with AI start-up Perplexity is likely to fuel an activist campaign.

Snap and Perplexity Cancel AI Integration Plans

10:15pm, Wednesday, 06'th May 2026
Snap and Perplexity said Wednesday (May 6) that they amicably ended a partnership that would have integrated Perplexity's artificial intelligence-powered answer engine into Snap's Snapchat social medi

Snap Inc. (SNAP) Q1 2026 Earnings Call Transcript

08:31pm, Wednesday, 06'th May 2026
Snap Inc. (SNAP) Q1 2026 Earnings Call Transcript
Although the revenue and EPS for Snap (SNAP) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street est
Snap (SNAP) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.04 per share a year ago.
Snap no longer has a deal with Perplexity, the company revealed on Wednesday as part of its quarterly earnings report. The deal, announced last November, would have seen Perplexity's AI search engine
Snap Inc. (NYSE:SNAP) reported first-quarter results after Wednesday's closing bell, beating estimates on the top and bottom lines.

Snap, Perplexity Mutually End AI Deal

04:26pm, Wednesday, 06'th May 2026
Snap and Perplexity scrapped a deal to integrate the startup's AI-powered answer engine directly into the social-media platform, ending a relationship that had boosted investors' hopes for improved pr
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