Cinthia Murphy, VettaFi director of research, and Malcolm Dorson, Global X senior emerging markets portfolio manager and SVP head of active investment team, join CNBC's Dom Chu on 'ETF Edge' to debate the next country that could outperform and how to play the space with ETFs. ...

Core Viewpoint - The performance of Snap's international operations is crucial for assessing its financial resilience and growth prospects, particularly in the context of its total revenue growth and international market contributions [1][2][9]. Group 1: International Revenue Performance - Snap's total revenue for the quarter reached $1.34 billion, reflecting an 8.8% increase from the previous year [4]. - The "Rest of World" segment generated $258.99 million, accounting for 19.3% of total revenue, which was a 10.54% miss against the consensus estimate of $289.5 million [5]. - European revenues amounted to $265.34 million, representing 19.7% of total revenue, exceeding Wall Street's projection of $251.93 million by 5.33% [6]. Group 2: Future Revenue Expectations - Analysts anticipate Snap's total revenue for the current fiscal quarter to be $1.49 billion, indicating an 8.9% increase year-over-year, with expected contributions from "Rest of World" and Europe at 21.2% ($317.27 million) and 18.1% ($271.03 million), respectively [7]. - For the full year, total revenue is projected to reach $5.88 billion, a 9.6% increase compared to the previous year, with "Rest of World" and Europe expected to contribute 21.7% ($1.27 billion) and 18% ($1.06 billion) of total revenue [8]. Group 3: Market Dynamics and Stock Performance - The reliance on global markets for revenue presents both opportunities and challenges for Snap, making the analysis of international revenue trends essential for forecasting future performance [9]. - Snap's stock has decreased by 18.7% over the past four weeks, contrasting with a 2.7% increase in the Zacks S&P 500 composite, and a 15.3% decline over the past three months compared to a 13.2% increase in the S&P 500 [13].