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Meta (META) Quietly Launches A New Social App
Insider Monkey79d agoneutral
Meta (META) Quietly Launches A New Social App

Meta Platforms, Inc. (NASDAQ:META) is one of the 10 Best Stocks in Steve Cohen’s Portfolio. On May 23, 2026, Morningstar reported that Meta Platforms, Inc. (NASDAQ:META) had quietly launched a new free app called Forum on Apple’s App Store without a public announcement. This new standalone iOS application, dedicated entirely to Facebook Groups, streamlines group […]

Wall Street Stays Cautious on Snap Inc. (SNAP) After Earnings, Here’s Why
Insider Monkey84d agoneutral
Wall Street Stays Cautious on Snap Inc. (SNAP) After Earnings, Here’s Why

Snap Inc. (NYSE:SNAP) is among the most traded US stocks so far in 2026. Saken Ismailov, an analyst at Freedom Broker, downgraded Snap Inc. (NYSE:SNAP) to Hold from Buy, while cutting the price target from $8 to $7, on May 12. This follows the company’s “mixed” first-quarter results. As reported by TheFly, the firm expects […]

Is Snap (SNAP) Quietly Recasting Its Brand Strategy With Luke Wood’s Board Appointment?
Simply Wall St.85d agoneutral
Is Snap (SNAP) Quietly Recasting Its Brand Strategy With Luke Wood’s Board Appointment?

On May 20, 2026, Snap Inc. expanded its board of directors to thirteen members by appointing Luke Wood, former Beats by Dr. Dre President and Apple Vice President, who also leads Violet St Holdings and sits on Fender Musical Instruments’ board. By bringing in a director with deep consumer electronics, music, and brand-building experience, Snap is signaling a focus on strengthening leadership around product, partnerships, and monetization opportunities. We’ll now examine how Luke Wood’s...

Intuit Plans to Cut 17% of Workforce, But Isn’t Blaming AI
Barrons.com87d agobearish
Intuit Plans to Cut 17% of Workforce, But Isn’t Blaming AI

Intuit reported better-than-expected financial results for its crucial tax season Wednesday, while also announcing a round of layoffs. Intuit said it’s reducing its full-time workforce by 17%. According to Layoffs.fyi, a website that tracks tech layoffs, 111,173 tech employees have lost their jobs in 2026.

1 of Wall Street’s Favorite Stock for Long-Term Investors and 2 We Ignore
StockStory87d agoneutral
1 of Wall Street’s Favorite Stock for Long-Term Investors and 2 We Ignore

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Pinterest Is Down 6% Today. Here’s Why It’s Trailing Other Social Media Stocks Like Meta Platforms and Snap
24/7 Wall St.88d agoneutral
Pinterest Is Down 6% Today. Here’s Why It’s Trailing Other Social Media Stocks Like Meta Platforms and Snap

Shares of Pinterest (NYSE:PINS) are down 6% in midday trading on Tuesday, changing hands near $18.75. The selling is sharper than what’s happening at the rest of the social media group, with Meta Platforms (NASDAQ:META) off 1% and Snap (NYSE:SNAP) lower by 2%. The move extends an ugly stretch for Pinterest stock. Shares are down ... Pinterest Is Down 6% Today. Here’s Why It’s Trailing Other Social Media Stocks Like Meta Platforms and Snap

Snap Lawsuit Deal Highlights Ongoing Youth Safety And Investor Risk Concerns
Simply Wall St.90d agobearish
Snap Lawsuit Deal Highlights Ongoing Youth Safety And Investor Risk Concerns

Snap reached a settlement in a lawsuit brought by a Kentucky school district alleging its platform contributed to social media addiction and harmed students. The case, filed alongside claims against YouTube and TikTok, focused on classroom disruption and youth mental health concerns. Settlement terms were not disclosed, and the agreement comes as more than 1,200 similar cases are pending nationwide. For shareholders watching NYSE:SNAP, this legal update comes during a period of weak recent...

5 Revealing Analyst Questions From Snap’s Q1 Earnings Call
StockStory91d agoneutral
5 Revealing Analyst Questions From Snap’s Q1 Earnings Call

Snap’s first quarter results met Wall Street’s revenue expectations and showed notable progress in narrowing operating losses. Management attributed the quarter’s performance to continued growth in Snapchat’s global user base and a strong acceleration in subscription revenue, particularly from the Snapchat+ and Memories Storage offerings. CEO Evan Spiegel pointed to improved engagement, with Spotlight and augmented reality features driving increased daily activity. CFO Derek Andersen emphasized

Assessing Whether Snap (SNAP) Looks Undervalued After Recent Share Price Volatility
Simply Wall St.91d agoneutral
Assessing Whether Snap (SNAP) Looks Undervalued After Recent Share Price Volatility

Recent performance snapshot Snap (SNAP) has seen mixed recent performance, with the stock up about 3.2% in the last session but down roughly 9% over the past week and about 8% over the past month. Over the past 3 months, the stock is up around 14.5%, while the year to date performance shows a decline of roughly 32%. On a 1 year view, total return is down about 36%. See our latest analysis for Snap. Snap's 1 day share price return of 3.17% comes after a period where momentum has faded, with...

YouTube, Snap settle school district's social media addiction claims
Reuters92d agoneutral
YouTube, Snap settle school district's social media addiction claims

Alphabet's YouTube and Snap have reached settlements in the first case set for trial in litigation seeking to force ‌social media platforms to cover the costs school districts incur to combat a youth ‌mental health crisis they say the companies fueled. The settlements were detailed in court filings on Friday in federal court in Oakland, ​California, and resolve claims by a Kentucky school district that is still due to take Facebook and Instagram parent Meta Platforms and TikTok to trial on June 15. Terms of the settlements with Breathitt County School District in rural Eastern Kentucky were not disclosed.

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Akamai Technologies, HEICO, Johnson & Johnson, MasTec, MercadoLibre, Sandisk, Snap, and More
24/7 Wall St.94d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Akamai Technologies, HEICO, Johnson & Johnson, MasTec, MercadoLibre, Sandisk, Snap, and More

Pre-Market Stock Futures: Futures are trading mixed on Wednesday, after a rough day for technology stocks and the Nasdaq. The combination of the prospect of a longer struggle with Iran, and higher inflation, which soared to 3.8% annually, the highest since May 2023, while the core number, which is less food and energy, rose to ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Akamai Technologies, HEICO, Johnson & Johnson, MasTec, MercadoLibre, Sandisk, Snap

Snap Expands Beyond Ads With AR Spectacles And AI Chat Experiences
Simply Wall St.95d agoneutral
Snap Expands Beyond Ads With AR Spectacles And AI Chat Experiences

Snap (NYSE:SNAP) has entered a multi-year partnership with Qualcomm to power its Spectacles AR eyewear with on-device AI and updated hardware. The company is also working with Experian to bring AI-supported financial education tools into Snapchat via Sponsored Snaps within the chat experience. For Snap, best known for the Snapchat app and its camera tools, these moves extend the business beyond its core advertising and messaging services. The Qualcomm partnership aligns Spectacles with chip...

Bernstein Says Snap Inc. (SNAP) Faces a Complex AI Turning Point
Insider Monkey96d agoneutral
Bernstein Says Snap Inc. (SNAP) Faces a Complex AI Turning Point

Another one of the AI Stocks Wall Street Is Watching Now is Snap Inc., with analysts looking at its AI infrastructure plans, improving growth metrics, and robust momentum in direct sales. On May 7, Bernstein SocGen Group analyst Mark Shmulik reiterated a Market Perform rating and $7.00 price target on the stock. According to the firm, Snap […]

Investing.com97d agoneutral
Morgan Stanley outlines 5 key themes across the gig economy

Investing.com -- Morgan Stanley identified five thematic trends across the gig economy following simultaneous earnings from DoorDash Inc (NASDAQ:DASH), Uber Technologies Inc (NYSE:UBER) and Instacart (NASDAQ:CART), while raising its Snap price target 8% to $7.