Today: 30 April 2026
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NYSE:SNAP 30 December 2025 - 28 April 2026

Snap Stock Jumps as Wall Street Sees a Profit Turn Coming

Snap Stock Jumps as Wall Street Sees a Profit Turn Coming

Snap Inc. shares jumped 8.5% Monday after Rothschild & Co Redburn upgraded the stock to Buy and doubled its price target to $10. The move follows Snap’s April job cuts and cost-saving plan, with investors awaiting first-quarter results next week. Snap reported fourth-quarter revenue of $1.716 billion and net income of $45 million. CFO Derek Andersen will step down after the May 6 earnings call.
27 April 2026
Snap Inc. Targets Health Ad Dollars With New Snapchat Study as Pressure Builds

Snap Inc. Targets Health Ad Dollars With New Snapchat Study as Pressure Builds

Snap Inc. released research showing 59% of surveyed Snapchat users changed real-world health behavior after seeing health content on the app. The study comes as Snap seeks more healthcare ad spending amid competition from Meta and TikTok. Snap reported Q4 revenue of $1.72 billion, up 10%, and 474 million daily users. Activist investor Irenic Capital urged cost cuts and a rethink of Snap’s smart-glasses unit.
7 April 2026
Snap Inc Faces Fresh Pressure as Activist Irenic Pushes AI Pivot, Cost Cuts and a Specs Rethink

Snap Inc Faces Fresh Pressure as Activist Irenic Pushes AI Pivot, Cost Cuts and a Specs Rethink

Activist investor Irenic Capital disclosed a 2.5% stake in Snap and urged cost cuts, a Specs unit spinoff, and more AI investment. Snap shares rose after the campaign went public. The company beat Q4 revenue estimates but lost 3 million daily users and forecast weaker Q1 sales. Snap reported $1 billion in annualized direct revenue and completed a $500 million buyback in January.
Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap Inc. shares rose 14% to $4.60 Tuesday after Irenic Capital disclosed a 2.5% stake and called for cost cuts, a sharper AI strategy, and a review of the Specs smart-glasses unit. Irenic urged Snap to give Class A shareholders more voting power and said Specs should be spun off or shut. Snap reported Q4 revenue of $1.72 billion and net income of $45 million, but its Q1 outlook missed expectations.
Snap Stock Jumps as Activist Irenic Targets Specs, Costs and Governance

Snap Stock Jumps as Activist Irenic Targets Specs, Costs and Governance

Snap shares rose 12% to $4.50 midday Tuesday after Irenic Capital disclosed a 2.5% economic interest and urged CEO Evan Spiegel to overhaul the business. Irenic called for a review of Specs, deeper cost cuts, stronger ad execution, and governance changes. Snap reported Q4 revenue of $1.72 billion and 474 million daily active users. Class A shareholders, including Irenic, have no voting rights.
31 March 2026
Snap Stock Rebounds, but EU Child-Safety Probe Keeps Pressure on Snapchat Owner

Snap Stock Rebounds, but EU Child-Safety Probe Keeps Pressure on Snapchat Owner

Snap Inc shares rose 2.5% Monday to $4.02, rebounding slightly after last week’s EU child-safety probe sent the stock near a 52-week low. Brussels is investigating Snapchat under the Digital Services Act for possible failures to protect minors from grooming and illegal content. Snap said it is cooperating. The company is under regulatory pressure globally as it shifts focus to subscriptions and direct revenue.
31 March 2026
Snap Inc Faces Fresh Teen-Safety Showdown as U.S. Court Revisits Florida, Georgia Social Media Laws

Snap Inc Faces Fresh Teen-Safety Showdown as U.S. Court Revisits Florida, Georgia Social Media Laws

A U.S. appeals court on Tuesday reviewed Florida and Georgia laws restricting minors’ access to social media, with Snap Inc facing renewed scrutiny over teen safety. Judges questioned whether Florida’s ban on under-14s and Georgia’s age checks could be struck down entirely. Snap argued the rules limit teens’ speech, but the panel pushed back. No decision was reached.
11 March 2026
Snap stock jumps in premarket after analyst upgrade as SNAP tries to rebound

Snap stock jumps in premarket after analyst upgrade as SNAP tries to rebound

Snap Inc. shares rose 3.7% to $5.38 in premarket trading after Arete Research upgraded the stock to buy and trimmed its price target to $7.30. The move follows a volatile stretch after Snap’s quarterly results and a new $500 million buyback plan. Snap ended Monday at $5.19, near the bottom of its 52-week range. Analyst sentiment remains cautious, with most ratings at “Hold.”
10 February 2026
Dow Jones today: Index slides about 1% as Alphabet capex plan stirs fresh AI jitters

Dow Jones today: Index slides about 1% as Alphabet capex plan stirs fresh AI jitters

The Dow Jones fell 502.57 points, or 1.02%, to 48,998.73 Thursday as tech stocks slid after Alphabet announced plans to nearly double capital spending for AI. Qualcomm shares dropped on weak guidance, while Amazon slipped ahead of earnings. Weekly jobless claims rose to 231,000 and U.S. layoffs hit a 17-year January high. The CBOE volatility index reached its highest level in over two months.
Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

Reddit shares fell 1.1% to $241.85 Monday as the S&P 500 and Nasdaq-100 ETFs edged up 0.2%. Wells Fargo raised its price target to $207 but kept an equal-weight rating. SEC filings showed Reddit’s chief legal officer and CFO sold shares under preset trading plans. Daily active users rose 19% to 116 million, with revenue up 68% to $585 million.
Snap stock is down again — what could move SNAP before Monday’s open

Snap stock is down again — what could move SNAP before Monday’s open

Snap Inc shares fell 2.26% to close at $8.21 Friday, underperforming the broader market as the S&P 500 hit a record high. Trading volume reached nearly 40 million shares. Investors are watching upcoming inflation data and early earnings for signals on rates and ad demand. Snap relies heavily on advertising, making it sensitive to shifts in macroeconomic conditions and competition.
11 January 2026
Snap stock drops to $8.21 ahead of CPI week as investors size up SNAP’s next catalyst

Snap stock drops to $8.21 ahead of CPI week as investors size up SNAP’s next catalyst

Snap shares fell 2.3% to $8.21 Friday, extending a three-day slide and closing about 38% below their 52-week high. CEO Evan Spiegel sold 1.22 million shares for roughly $10 million on Jan. 5 under a preset trading plan, according to a regulatory filing. Investors are watching for U.S. inflation data Jan. 13 and Snap’s next earnings report, expected in early February.
11 January 2026
Reddit stock pops nearly 4% as Needham spotlights AI-search citations

Reddit stock pops nearly 4% as Needham spotlights AI-search citations

Reddit shares rose 3.9% to $234.65 Monday, outperforming a weaker U.S. market after Needham highlighted the company’s prominence in AI-generated search results. The analyst estimated Reddit accounts for 20% to 40% of AI citations and reiterated a Buy rating with a $300 target. Meta and Pinterest fell, while Snap was little changed. The S&P 500 and Nasdaq-100 ended lower.

Stock Market Today

  • ASX set to slide as oil prices jump over $120 a barrel
    April 29, 2026, 6:07 PM EDT. The Australian share market (ASX) is expected to open lower, with futures down 0.8% to 8,627 points, following mixed results on Wall Street. The Dow Jones fell 0.6%, S&P 500 slipped 0.04%, while the Nasdaq rose 0.6%. European markets also declined, led by the FTSE down 1.2%. Oil prices surged 8.7% to over $US120 a barrel, driven by Brent crude hitting $US120.92. Commodities like iron ore rose 0.6%, while precious metals and the Australian dollar weakened. This sharp oil price increase pressures markets and is a key factor behind the ASX's anticipated drop. The market will be closely watching further economic and commodity developments throughout the trading day.

Latest article

Microsoft Stock Falls After Earnings Beat as Azure Growth Hits 40% and AI Revenue Surges

Microsoft Stock Falls After Earnings Beat as Azure Growth Hits 40% and AI Revenue Surges

29 April 2026
Microsoft reported fiscal Q3 revenue of $82.9 billion, up 18%, and net income of $31.8 billion, up 23%, beating analyst estimates. Azure revenue jumped 40%, and AI business annual run rate hit $37 billion, up 123%. Shares fell over 2% after hours as investors focused on rising capital expenditures, which climbed 49% to $31.9 billion. Free cash flow dropped to $15.8 billion from $20.3 billion a year earlier.
Meta Stock Slides as $145 Billion AI Spending Plan Overshadows Blowout Earnings

Meta Stock Slides as $145 Billion AI Spending Plan Overshadows Blowout Earnings

29 April 2026
Meta Platforms shares dropped about 5% in after-hours trading Wednesday after the company raised its 2026 capital spending forecast to $125–$145 billion. First-quarter revenue rose 33% to $56.31 billion, beating estimates, while net income reached $26.77 billion, boosted by an $8.03 billion tax benefit. Meta expects second-quarter revenue of $58–$61 billion. Daily active users across its apps increased 4% to 3.56 billion.
Chipotle Stock Jumps After Chicken Bet Breaks Its Sales Slump

Chipotle Stock Jumps After Chicken Bet Breaks Its Sales Slump

29 April 2026
Chipotle Mexican Grill reported a 0.5% rise in first-quarter comparable sales, reversing recent declines and beating analyst expectations. Total revenue rose 7.4% to $3.09 billion, while shares jumped 7% in after-hours trading. Operating margin narrowed to 12.9% from 16.7% a year earlier. Menu items like Chicken al Pastor and Honey Chicken drove increased restaurant visits.
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