Snap Stock News

Social media companies are dealing with more child safety lawsuits at the same time that the industry is trying to push AI deeper into classrooms. Snap reached a settlement with two plaintiffs this week, days before a scheduled trial over allegations that its product contributed to harmful behavior.

Japanese investors snap up foreign long-term bonds as tech stocks slide

SEATTLE--(BUSINESS WIRE)--The Social Media Victims Law Center, a legal advocacy organization representing children and parents of children harmed by social media and AI platforms, has filed multiple civil lawsuits against Snap Inc., alleging that Snapchat is an inherently defective and dangerously designed product that connected known predators with children and facilitated the sexual exploitat...

Snap shares SNAP fell more than 10% in premarket trading on Thursday after the social media company reported third-quarter revenue and user numbers that missed Wall Street expectations, raising questions about the pace of its advertising recovery. The company generated revenue of $1.72 billion in the quarter ended September 30, up 14% year over year but slightly below analysts' estimates of $1....

Qualcomm tumbles as investors fret about soft chip-design margins, while Sony rises thanks to Spider-Man's strong return to the box office.

Snap has surpassed 30 million paid Snapchat+ subscribers, the company announced Wednesday in its third-quarter 2026 earnings release. The milestone marks an increase of 5 million subscribers since February, when Snap reported crossing the 25 million mark.

Snap shares sank over 10% after the company missed on revenue and daily active users in its third-quarter earnings report Wednesday. The Snapchat parent said fourth-quarter revenue should come in between $1.95 billion and $1.99 billion.