Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. due to alleged securities fraud that negatively impacted investors between April 29, 2025, and August 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Snap's management made overly positive statements while concealing significant negative information regarding the company's advertising revenue growth, which dropped from 9% in Q1 to only 1% in April 2025 [2]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with their ad platform, the timing of Ramadan, and minor changes [2]. - Following the announcement, Snap's stock price fell from $9.39 per share to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing substantial settlements for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].

Currency Market - The GBP/USD currency pair has declined by 0.2%, trading at 1.3274, influenced by a stronger U.S. dollar and concerns regarding the UK economic outlook [3][8]. Technology Sector - The EU Commission is formally scrutinizing major tech platforms, including Snapchat, YouTube, Apple App Store, and Google Play, under the Digital Services Act (DSA) for their safeguards for minors [4][8]. Monetary Policy - The People's Bank of China (PBOC) did not engage in any government bond trading throughout September, indicating a specific stance on monetary policy and market liquidity management [5][8].

Core Points - The European Commission is examining the protections for minors on platforms such as Snapchat, YouTube, the Apple App Store, and Google Play under the Digital Services Act [1] Group 1 - The scrutiny is part of the European Commission's efforts to ensure compliance with the Digital Services Act [1]

Group 1: UPS and International Shipping - UPS is disposing of packages bound for the US due to ongoing customs paperwork issues, indicating significant logistical challenges and potential disruptions to international shipments [2][8] - The scale and financial implications of these disposals remain unclear, highlighting the complexities and strict compliance requirements of global supply chains [2] Group 2: Japanese Political Landscape - Japan's political scene is experiencing turbulence as the coalition between the Liberal Democratic Party (LDP) and Komeito faces potential dissolution, with discussions stalling over a slush fund scandal [3][4] - Opposition parties are hinting at a chance of government change, with calls for stricter political funding rules and proposals for unified opposition candidates for Prime Minister [4] Group 3: EU Regulatory Scrutiny on Tech Giants - The European Union is intensifying regulatory oversight of major technology companies, launching investigations into App Stores, Snapchat, and YouTube regarding their potential effects on children [5][6] - These inquiries are part of the Digital Services Act (DSA), which mandates large online platforms to enhance user protection, especially for minors, with concerns over circumventing age restrictions and access to harmful content [6] Group 4: US Job Market Analysis - Research from the Federal Reserve Bank of Dallas indicates that the US job market is rebalancing rather than weakening, with a significant decline in the "break-even employment rate" to approximately 30,000 by mid-2025, down from about 250,000 in 2023 [9][10] - This shift is attributed to changes in immigration flows and labor force participation, suggesting that modest payroll gains are consistent with a balanced labor market [10]

Core Viewpoint - The European Union is demanding major tech companies, including Apple, Google, Snapchat, and YouTube, to explain their measures for protecting children online, emphasizing the need for enhanced privacy, security, and safety [2][4]. Group 1: EU Actions and Regulations - The European Commission has initiated requests for information under the Digital Services Act (DSA) to assess the practices of Apple, Google, Snapchat, and YouTube regarding the protection of minors online [2][3]. - The EU is also investigating Meta's Facebook and Instagram, as well as TikTok, due to concerns about their platforms' addictive nature for children [4]. - Denmark, holding the rotating EU presidency, is advocating for collective action to safeguard minors, including a proposed ban on social media for children under 15 [5]. Group 2: Future Considerations - EU ministers are set to discuss age verification on social media and potential measures to enhance online safety for minors [6]. - A joint statement is expected to support EU chief Ursula von der Leyen's initiative to explore a potential EU-wide digital majority age, with plans to establish a panel of experts for further assessment [8].

Core Points - Rosen Law Firm is reminding purchasers of Snap Inc. securities from April 29, 2025, to August 5, 2025, about the October 20, 2025, lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Snap securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 20, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4]. Group 2: Case Background - The lawsuit alleges that Snap's defendants misrepresented the company's advertising revenue and growth potential while downplaying macroeconomic instability [5]. - It is claimed that Snap's optimistic reports did not reflect the reality of its execution errors, leading to investor damages when the truth was revealed [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Snap Inc. regarding a class action lawsuit due to allegations of misleading statements about the company's advertising revenue growth, which significantly declined from 9% to 1% during the specified period [1]. Group 1: Allegations and Financial Impact - The complaint alleges that Snap's management provided overly positive statements while concealing material adverse facts about the company's advertising revenue growth [1]. - Snap's advertising revenue growth rate reportedly fell from 9% in Q1 to only 1% in April 2025, leading to a significant deceleration in revenue growth disclosed on August 5, 2025 [1]. - Following the announcement of disappointing financial results, Snap's stock price dropped from $9.39 per share to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [1]. Group 2: Class Action Details - Shareholders who purchased Snap shares during the class period from April 29, 2025, to August 5, 2025, are encouraged to register for the class action, with a deadline set for October 20, 2025 [2]. - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress [2]. - There is no cost or obligation for shareholders to participate in the class action [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions of material information [3].

Core Viewpoint - New York City has filed a lawsuit against major social media platforms, including Facebook, Google, Snapchat, and TikTok, accusing them of contributing to a mental health crisis among children by making their platforms addictive [1][4]. Group 1: Lawsuit Details - The lawsuit is a 327-page complaint filed in Manhattan federal court, seeking damages from Meta Platforms, Alphabet, Snap, and ByteDance for gross negligence and public nuisance [1]. - New York City is one of the largest plaintiffs, representing a population of 8.48 million, including approximately 1.8 million individuals under the age of 18 [4]. - The city has joined a larger movement, participating in about 2,050 similar lawsuits across the nation, particularly in federal court in Oakland, California [2]. Group 2: Allegations Against Defendants - The complaint alleges that the defendants designed their platforms to exploit the psychology and neurophysiology of youth, leading to compulsive usage for profit [6][10]. - Statistics indicate that 77.3% of high school students in New York City, and 82.1% of girls, reported spending three or more hours daily on screens, which has resulted in lost sleep and chronic school absences [6]. Group 3: Public Health Concerns - New York City's health commissioner has labeled social media as a public health hazard, prompting increased taxpayer spending to address the youth mental health crisis [7]. - The lawsuit also links social media usage to dangerous behaviors, such as "subway surfing," which has resulted in at least 16 fatalities since 2023, including two young girls [10]. Group 4: Responses from Defendants - A spokesperson for Google has denied the allegations regarding YouTube, asserting that it functions as a streaming service rather than a social network [5]. - Other defendants have not yet responded to the lawsuit [5]. Group 5: Financial Implications - The city claims that it is left to manage the consequences of the defendants' actions, stating that they should be held accountable for the harms caused [11].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, about the October 20, 2025, deadline to become a lead plaintiff in a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Snap securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by October 20, 2025 [2]. - The lawsuit alleges that Snap's management misrepresented the company's advertising revenue and growth potential, leading to investor losses when the true situation was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [3].

Core Thesis - Snap Inc. is viewed as an underappreciated social media platform with significant growth potential, particularly in augmented reality (AR) and monetization strategies [2][3][6] User Engagement - As of Q2 2025, Snap has 932 million monthly active users (MAUs) and over 350 million daily augmented reality (AR) users, indicating strong user engagement [2] - Snapchat+ subscribers increased from 15 million to 16 million quarter-over-quarter, while games engagement rose 40% year-over-year to 175 million MAUs [2] - Spotlight usage surged 23% year-over-year, accounting for nearly half of all time spent on the platform, and video chat time increased by 30% year-over-year [2] Financial Performance - Free cash flow per share has risen sharply, with an annual revenue run-rate from Snapchat+ reaching $700 million [3] - Snap is trading at just over 2 times sales, suggesting that the market has undervalued the company, creating an asymmetric investment opportunity [3] Augmented Reality Strategy - Snap's long-term strategy is centered around its AR-first philosophy, with over $3 billion invested in building a vertically integrated AR platform [4] - The company offers unique developer tools such as Easy Lens, real-time transcription APIs, and 3D object generation to enhance its AR capabilities [4] Advertising and Monetization - Early monetization improvements are evident with Sponsored Snaps, which have shown stronger engagement and conversion rates compared to traditional ad formats [5] - A Q2 2025 ad platform error caused a temporary 25% stock drop, but the issue has been resolved, and fundamentals are strengthening [6] Market Sentiment - Despite mixed perceptions of leadership, Snap's fundamentals are improving, with resilient engagement and rising monetization [6] - The stock price has appreciated approximately 8.9% since previous bullish coverage, reinforcing the positive outlook on Snap's fundamentals [7]