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Snap (SNAP) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-08 23:21
In the latest market close, Snap (SNAP) reached $16.50, with a +0.73% movement compared to the previous day. This change outpaced the S&P 500's 0.1% gain on the day. Meanwhile, the Dow experienced a drop of 0.08%, and the technology-dominated Nasdaq saw an increase of 0.28%.Prior to today's trading, shares of the company behind Snapchat had gained 5.07% over the past month. This has lagged the Computer and Technology sector's gain of 8.41% and outpaced the S&P 500's gain of 4.08% in that time.Investors will ...
Samba TV Studies Find That Snapchat Campaigns Provided 84% Lift in Driving Audiences to Watch TV Shows and Movies
GlobeNewswire News Room· 2024-07-01 16:30
SAN FRANCISCO, July 01, 2024 (GLOBE NEWSWIRE) -- Snap and Samba TV, a leading provider of TV technology for audience data and omniscreen measurement, have announced new research results that show how Snapchat campaigns have a significant impact in driving audiences to watch new shows and stream movies. By tapping into Snapchat’s passionate audience of over 800 million monthly active users, the analysis showed that Snapchat campaigns perform strongly by converting audiences into viewers after they were expos ...
Snap (SNAP) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-28 23:05
In the latest market close, Snap (SNAP) reached $16.61, with a +0.24% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.41%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq decreased by 0.71%.Coming into today, shares of the company behind Snapchat had gained 9.23% in the past month. In that same time, the Computer and Technology sector gained 6.52%, while the S&P 500 gained 3.53%.Analysts and investors alike wi ...
SNAP Unveils Latest Safety Features to Protect Young Users
ZACKS· 2024-06-26 15:46
Snap Inc. (SNAP) announced a new suite of safety tools designed to protect its community from online harms. The updates include expanded in-app warnings that notify teens when they receive messages from potentially risky accounts, enhanced friending protections to make it harder for strangers to contact users and simplified location-sharing options.Additionally, Snapchat is improving its blocking tools to prevent repeat harassment from bad actors who create new accounts. The platform will now block new frie ...
Why Snap (SNAP) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-06-26 14:56
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are t ...
Does SNAP's Growing Command in AR & AI Make the Stock a Buy?
ZACKS· 2024-06-24 17:25
Snap Inc. (SNAP) is leveraging its strong suite of innovative features, particularly its Augmented Reality (AR) Lenses, Discover content, Shows and Snap Map, to drive user growth and engagement.These offerings have helped SNAP reach 422 million daily active users, including the crucial 13-34 age demographic. It captures over 75% of this group in more than 20 countries — a significant portion of the global advertising market.The launch of Snapchat+, which garnered over nine million paying subscribers in the ...
SNAP's Latest Advancement in AI to Boost Daily Active Users
ZACKS· 2024-06-19 14:56
Snap Inc.’s (SNAP) latest advancements in generative artificial intelligence (AI) technology are poised to boost its daily active users (DAU) by offering more realistic and engaging special effects. By enhancing the capabilities of phone cameras to produce lifelike augmented reality (AR) effects, Snap aims to attract new users and keep current ones entertained.DAU at the end of the first quarter of 2024 was 422 million, up 10.2% year over year. Snap added 39 million DAU on a year-over-year basis.The Zacks C ...
Snapchat Adds AI-Powered Tools to Build AR Effects
PYMNTS.com· 2024-06-18 18:02
Snapchat parent company Snap has launched new generative artificial intelligence (AI) tools that helps users create augmented reality (AR) effects.These tools will enable artists and developers to create AR effects in hours rather than weeks, Reuters reported Tuesday (June 18), citing its interview with Snap Chief Technology Officer Bobby Murphy.Snap’s new additions include: tools that help AR developers create AI-powered lenses that Snapchat users can then add to their content; an AI assistant that will an ...
Snap (SNAP) Laps the Stock Market: Here's Why
ZACKS· 2024-06-12 23:00
Snap (SNAP) closed the latest trading day at $15.87, indicating a +1.73% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.85%. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq gained 1.53%.Coming into today, shares of the company behind Snapchat had lost 0.13% in the past month. In that same time, the Computer and Technology sector lost 3.6%, while the S&P 500 gained 3.11%.Investors will be eagerly watching for the performance of Snap in i ...
Snap (SNAP) Flat As Market Sinks: What You Should Know
ZACKS· 2024-06-06 23:00
Snap (SNAP) closed the latest trading day at $15.20, indicating no change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.02%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq lost 0.09%.The company behind Snapchat's stock has dropped by 9.2% in the past month, falling short of the Computer and Technology sector's gain of 8.04% and the S&P 500's gain of 4.59%.The upcoming earnings release of Snap will be of great interest to investors. On that d ...