Snap Stock News

SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) announced today the pricing of $1.5 billion aggregate principal amount of 6.875% senior notes due 2033, or the notes, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, or the Securities Act. The sale of the notes is expected to close on February 14, 2025, subject to cus...

Guggenheim downgraded Snap's stock, warning that increased AI investments could defer operating profits until 2027.

SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) announced today that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of senior notes due 2033, or the notes, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, or the Securities Act. The notes will be general a...

Hundreds of creators have swarmed New Orleans for Super Bowl 59, getting paid big contracts to make content for brands like Microsoft, Verizon and Nike. The NFL has partnered with social apps like YouTube and Snapchat to invest strategically in creators as part of a push to attract younger audiences to football.

Snap (SNAP 0.56%) faced a series of challenges over the last few years. Many of them originated from an adjustment to Apple's privacy rules in 2021, which made it difficult for app developers to track their users across the internet.

Snap (NYSE: SNAP) recently released its Q4 results, with revenue and earnings exceeding the street estimates. It reported revenue of $1.56 billion and adjusted earnings of $0.16 per share, compared to the consensus estimates of $1.55 billion and $0.14, respectively.

Snap CEO Evan Spiegel said the "environment of uncertainty" around TikTok is good for its business. Snap saw a boost in engagement when TikTok "went dark" last month, Spiegel told investors.

Meta Platforms (META) has been gaining a lot of attention since CEO Mark Zuckerberg attended President Donald Trump's inauguration, but it is not the only social media stock worth monitoring.