据当地媒体周三报道称，法国计划从2026年9月起禁止15岁以下儿童访问社交媒体网站，并在高中禁止 使用手机。此举凸显公众对网路危害未成年人的担忧日益加剧 。总统马克龙经常指出，社交媒体是造 成青少年暴力的原因之一，并表示希望法国仿效澳洲。澳洲已禁止16岁以下未成年人使用社交媒体平 台，包括Facebook 、Snapchat、 YouTube等，这项独步全球的禁令于12月生效。 据法国《世界报》和France Info报道，法国政府将于1月初提交立法草案，以供法律审查。马克龙在新 年前夕的讲话中没有提及立法推动，但他确实承诺要"保护我们的儿童和青少年免受社交媒体和屏幕的 影响"。法国小学和初中自2018年起就禁止使用手机，据报道，新的改革将把此一禁令扩大到高中。法 国在2023年还通过法律，要求社交平台，对15岁以下儿童建立帐户时必须征得家长同意，不过技术上的 挑战阻碍了这项法律的实施。 责任编辑：王永生 据当地媒体周三报道称，法国计划从2026年9月起禁止15岁以下儿童访问社交媒体网站，并在高中禁止 使用手机。此举凸显公众对网路危害未成年人的担忧日益加剧 。总统马克龙经常指出，社交媒体是造 成青少年暴力的原 ...

Core Insights - Snap Inc. is facing challenges in user growth and advertising performance, leading to a lowered price target of $8.50 from $9 by Guggenheim analyst Michael Morris, who maintains a Neutral rating on the shares [1] - The company reported 477 million daily active users (DAUs) in Q3 2025, an 8% year-over-year increase, and total revenue of $1.51 billion, a 10% rise, driven by a 5% increase in advertising revenue and a 54% jump in Other Revenue [2] - Snap's augmented reality (AR) platform remains strong, with over 350 million daily users engaging with AR lenses and a creator ecosystem of over 400,000 developers [3] User Metrics - Snap achieved 477 million DAUs in Q3 2025, marking an 8% increase year-over-year [2] - Monthly active users (MAUs) grew by 7% to 943 million [2] Financial Performance - Total revenue for Q3 2025 was $1.51 billion, a 10% increase from the previous year [2] - Advertising revenue increased by 5% to $1.32 billion, while Other Revenue surged by 54% to $190 million, primarily from the Snapchat+ subscription service [2] - The company reduced its net loss by over 30%, down to $104 million from $153 million in the previous year [2] Technological Advancements - Snap is enhancing its AR capabilities, with over 500 million users interacting with Gen AI lenses more than 6 billion times [3] - The company announced Snap OS 2.0, a software foundation for its next-generation AR Spectacles, expected to debut in 2026 [3] - Snap integrates GenAI and machine learning across its platform for interactive experiences and sophisticated ad-targeting tools [4]

Michael Vi/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Coupang (CPNG) promises over $1 billion compensation for data leak victims. (00:24) China's private rocket company LandSpace prepares to stand against Elon Musk's SpaceX - report. (01:16) New York to require mental health warning labels on social media platforms. (02:21) This is an abridged transcript. South Korea's largest e-commerce platform, Coupang (CPNG) announced compensation exceeding $1 billion ...

Group 1 - Snap Inc. is considered one of the best beaten down stocks to invest in, with Guggenheim reiterating a Neutral rating and an $8 price target [1] - Guggenheim's analysis indicates soft growth in November, impacted by an international slowdown, with global downloads down in 2025 due to persistent domestic usage declines [2] - The company is expected to have 474 million daily active users in Q4, a decline of three million users, aligning with management forecasts amid challenges like age verification requirements [3] Group 2 - Despite the challenges, Guggenheim is optimistic that Snap will reach 1 billion global monthly active users by the end of next year, supported by a 10% year-over-year revenue increase to $1.51 billion in Q3 [3] - Jefferies has reiterated a Buy rating with a $10 price target, while RBC Capital maintains a Hold rating with the same price target [4] - Snap Inc. generates revenue primarily from business ads through its Snapchat app, which focuses on visual communication features [4]

Core Insights - Pinterest, Inc. is focusing on AI integration to enhance content discovery, personalization, and ad performance, making its platform smarter and more intuitive for users [1][3] AI Integration and User Engagement - The company utilizes AI to analyze user behavior and interests, recommending Pins and boards that align with user preferences, facilitating easier discovery of ideas in areas like fashion, home décor, recipes, and shopping [2] - Pinterest's AI-powered visual search allows users to find similar items and shop directly by interacting with images, rather than typing text [2] - By labeling and filtering AI-generated images, Pinterest emphasizes responsible AI use, which enhances user engagement and ad performance, ultimately driving revenue growth and long-term profitability [3] User Growth and Projections - The introduction of intuitive features has led to a steady increase in users, with Pinterest reporting 600 million global monthly active users in Q3 2025, reflecting a 17% year-over-year growth [4] - Projections indicate that Pinterest's monthly active users will reach approximately 615.1 million in 2025, representing an 11.2% year-over-year growth [4] Competitive Landscape - Pinterest faces competition from SNAP, Inc. and Meta Platforms, Inc., both of which are leveraging AI to enhance user engagement and ad revenues [5][6] - Meta has shifted its focus to AI, creating Meta Superintelligence Labs to develop advanced AI products and enhance user experiences across its apps [5] - SNAP is utilizing AI in various aspects such as social interaction, search, and shopping, making its platform more engaging for users [6] Financial Performance and Valuation - Pinterest shares have decreased by 11.6% over the past year, contrasting with the industry's growth of 6.9% [7] - The company trades at a forward price-to-sales ratio of 3.66, which is below the industry average of 4.87 [9] - The Zacks Consensus Estimate for Pinterest's earnings for 2025 has declined by 8% to $1.62, and the estimate for 2026 has decreased by 8.3% to $1.88 over the past 60 days [10]

Core Viewpoint - The article identifies 13 beaten-down stocks recommended by analysts for investment, highlighting the potential for recovery amid a strong market outlook driven by the AI boom and favorable monetary conditions. Market Overview - The S&P 500 has shown strong double-digit gains, averaging 13% growth per year over the last decade, while the Nasdaq has increased by over 18% due to the performance of key tech stocks [2] - Wall Street strategists predict continued strong market performance in 2026, with JPMorgan forecasting a 13% to 15% rise in the S&P 500, supported by corporate earnings growth [2] - UBS Group AG anticipates the S&P 500 could exceed 7,500 next year, driven by robust US earnings growth and increased capital flow into tech stocks [3] Stock Performance Insights - Despite overall market gains, some stocks have underperformed, with certain stocks dropping to 52-week lows, losing over 30% of their value [3] - John Stoltzfus from Oppenheimer Asset Management suggests that recent declines in stock prices are minor adjustments rather than signs of a significant downturn [4] Methodology for Stock Selection - The selection of the 13 best beaten-down stocks involved screening companies trading within 0%–10% of their 52-week lows and down more than 30% year-to-date, focusing on those popular among hedge funds in Q3 2025 [6] Individual Stock Highlights - **Snap Inc. (NYSE:SNAP)**: Current share price is $7.60, with a year-to-date loss of -33.26% and an upside potential of 27.94%. Analysts expect Snap to reach 474 million daily active users in Q4, despite a slight decline [9][11] - **PayPal Holdings, Inc. (NASDAQ:PYPL)**: Current share price is $59.86, with a year-to-date loss of -30.17% and an upside potential of 30.19%. PayPal is seeking to establish a bank in the US to enhance its lending operations and reduce reliance on third parties [13][15][16]

Core Insights - The digital advertising industry has evolved to optimize feeds, but consumer communication is shifting towards more private and personal spaces, indicating a need for brands to adapt their strategies [3][5][10] - Snapchat's chat feature exemplifies this shift, with 880 billion chats exchanged in Q1, highlighting the importance of personal interactions in decision-making [4][6] - Sponsored Snaps represent a new approach that focuses on communication-led formats rather than traditional attention-seeking methods, aligning more closely with how users naturally engage [6][7] Industry Trends - There is a significant gap in digital advertising innovation for private communication spaces, which are crucial for influencing consumer behavior [5][10] - As Ramadan approaches, brands must prioritize the value of personal conversations over broadcasting, adapting their strategies to fit the context of social interactions [8][9] - The transition from feeds to chats emphasizes the importance of being a participant in conversations rather than a broadcaster, challenging brands to rethink their engagement strategies [10][11] Consumer Behavior - Consumers are increasingly selective about their attention, preferring relevant content that aligns with their personal communication styles [3][7] - Campaigns that utilize conversational design have shown improved brand metrics and more efficient purchasing paths, as they resonate better with users' daily habits [7][10] - Young audiences, particularly in MENA, favor experiences that reflect real social dynamics, suggesting that brands should engage thoughtfully to integrate into these environments [9][10]

Core Viewpoint - The article discusses the recent social media ban in Australia for children under 16, highlighting the exclusion of online gaming platforms, which critics argue also pose addiction risks similar to social media [1][2][3]. Group 1: Social Media Ban - Australia has implemented a social media ban for children under 16, prohibiting accounts on platforms like Instagram, Snapchat, and X [1]. - The ban allows children to browse platforms like YouTube but prevents them from registering accounts [1]. - Experts question the exclusion of online gaming platforms from the ban, citing their similar addictive nature [2][3]. Group 2: Addiction Concerns - Dr. Daniela Vichio, who runs a gaming addiction treatment clinic, emphasizes that gaming can lead to addiction and calls for its inclusion in the ban [1][2]. - Approximately 2.8% of Australian children are affected by gaming addiction, according to Macquarie University, with Dr. Vichio suggesting the actual risk is higher [3]. - Kevin Koo, a former patient, shares his experience of gaming addiction, likening it to substance abuse, and supports extending the ban to gaming platforms [2]. Group 3: Regulatory Perspectives - The Australian eSafety Commissioner stated that the ban's criteria were based on whether platforms are primarily for social interaction, which led to the exemption of gaming platforms [3]. - Experts argue that this rationale is flawed, advocating for more nuanced regulations that consider the potential risks of gaming [3]. - Calls for age-appropriate regulations are growing, with concerns about children accessing adult-oriented content on gaming platforms [3]. Group 4: Future of the Ban - The Australian government plans to continuously update the list of banned platforms, indicating that the ban is an evolving measure rather than a one-time solution [4]. - There is increasing pressure to impose stricter requirements on gaming platforms as the demand for help at addiction treatment clinics rises [4].

Core Insights - Snap's stock price increased by 1.76% to $7.50, outperforming the S&P 500's decline of 1.16% on the same day [1] - Over the past month, Snap's shares have decreased by 10.67%, underperforming the Computer and Technology sector and the S&P 500 [1] Earnings Expectations - Snap is expected to report an EPS of $0.15, reflecting a decrease of 6.25% year-over-year [2] - Revenue is projected to be $1.7 billion, indicating a year-over-year increase of 9.12% [2] Fiscal Year Projections - For the fiscal year, earnings are estimated at $0.32 per share and revenue at $5.91 billion, representing increases of 10.34% and 10.31% respectively from the previous year [3] - Recent analyst estimate revisions suggest optimism regarding Snap's business and profitability [3] Zacks Rank and Valuation - The Zacks Rank for Snap is currently 2 (Buy), with an upward shift of 8.03% in the consensus EPS estimate over the past month [5] - Snap's Forward P/E ratio is 23.03, which is lower than the industry average of 28.79 [5] PEG Ratio - Snap has a PEG ratio of 1.06, compared to the Internet - Software industry's average PEG ratio of 1.88 [6] Industry Context - The Internet - Software industry is ranked 55 in the Zacks Industry Rank, placing it in the top 23% of over 250 industries [7] - Strong industry rankings correlate with better performance, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

12月10日，澳大利亚正值初夏，一盆冷水浇在了孩子们头上。 Facebook、Instagram等数十个社交媒体平台，都不允许他们再用了。澳大利亚政府当天实施的《网络安 全/社交媒体最低年龄修正案》要求，这些平台必须想尽办法将16岁以下的未成年人挡在外面，否则将 面临最高4950万澳元（约合人民币2.3亿元）的罚款。 澳大利亚就此成为世界上第一个严格立法禁止未成年人使用社交媒体的国家。一些年幼的孩子在脸上画 胡子，或者求助他们的哥哥姐姐、偷用父母的照片，以图躲过平台的年龄验证。有两名青少年把总理告 上了最高法院，要求推翻禁令。一位母亲则说："老天，今天对于澳大利亚人来说真是个好日子。" 为规避禁令，一个拥有数百万粉丝的网红家庭离开了祖先探索的这块新大陆，举家迁往英国。而英国的 政府官员彼得·凯尔此前已经告诉新闻媒体，他与澳大利亚的立法者一直保持着联系，对他们的做法及 原因"非常感兴趣"，并考虑在未来推行这项法律。 不只英国，法国、丹麦、挪威的领导人都表示支持这项禁令。印尼、新西兰等国正在研究年龄验证技 术。马来西亚准备在2026年成为全球第二个颁布此项禁令的国家。 "国际社会关注着澳大利亚。"在庆祝禁令生效的 ...