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Stock Market Today, Feb. 6: Snap's Fallen Almost 25% This Week, Even After Today's Gains
Yahoo Finance· 2026-02-06 22:59
Snap (NYSE:SNAP), a developer of the Snapchat visual messaging app with AR features, closed Friday at $5.22, up 1.95%. The stock has still fallen 24.68% this week. It gained today as investors reassessed Snap’s post-earnings sell-off in the light of analyst upgrades. Trading volume reached 89.0 million shares, coming in about 96% above its three-month average of 45.4 million shares. Snap IPO'd in 2017 and has fallen 79% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) rose 1. ...
Earnings live: Amazon, Reddit stocks sink to cap jam-packed earnings week
Yahoo Finance· 2026-02-06 21:31
The fourth quarter earnings season momentum continues this week, as results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighted the calendar. As of Feb. 6, 59% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate a 13% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the index a ...
Earnings live: Amazon stock sinks, Philip Morris retreats, Reddit spikes as Wall Street focuses on guidance
Yahoo Finance· 2026-02-06 14:08
The fourth quarter earnings season momentum continues this week, as results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighted the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate an 11.9% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the ind ...
Debate over teen social media use grows in India
BusinessLine· 2026-02-06 10:38
Officials in India are publicly debating age restrictions for accessing social media, a potential fresh challenge to Big Tech in a massive market for users as global debate grows over online harms to children.Parliamentarian Lavu Sri Krishna Devarayalu, whose party is aligned with Prime Minister Narendra Modi’s, plans to introduce a private member’s bill in the coming months barring children under 16 from maintaining social media accounts. The aim is to ensure data privacy and protect children and adolescen ...
Roblox Posts Breakout Q4 After Chasing Older Core Gamers
PYMNTS.com· 2026-02-06 00:46
Heavy AI investment is expanding content and complexity, while mounting legal scrutiny over child safety is forcing faster safety reforms.The gaming platform Roblox has been there as its over 100 million active users grew up.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free ac ...
Snap Inc. (NYSE:SNAP) Stock Analysis: Mixed Signals Amid Financial Adjustments and Ratings
Financial Modeling Prep· 2026-02-05 23:00
Core Viewpoint - Snap Inc. is facing challenges in user growth and stock performance, leading to mixed ratings from analysts, with some showing cautious optimism following recent earnings results [1][2][6]. Financial Performance - Snap's fourth-quarter 2025 earnings report showed earnings per share of 3 cents, surpassing expectations of a 2-cent loss, with revenues increasing by 10.2% year over year to $1.72 billion, exceeding Zacks Consensus Estimate by 1% [4][6]. - The Average Revenue Per User (ARPU) rose by 5%, and Snapchat revenues surged by 62% to $232 million [4]. Regional Revenue Breakdown - North American revenues, which account for 60% of Snap's total revenues, grew by 6% to $1.03 billion [5]. - European revenues, making up 20% of the total, increased by 19% to $341 million [5]. Stock Performance and Analyst Ratings - Snap's stock price recently hit a record low of $5.40, reflecting an 8.71% decrease, with a market capitalization of approximately $9.1 billion and a trading volume of 95.8 million shares [5]. - Evercore ISI maintained a "Mixed" grade for Snap and adjusted the price target from $13 to $9, indicating a cautious outlook [2][6]. - B. Riley upgraded Snap to a Buy rating from Neutral, suggesting optimism about Snap's potential recovery following the earnings report [2].
Tech Sell-Off Drags Major Indexes Lower as Job Market Woes Persist; Alphabet, Qualcomm Tumble
Stock Market News· 2026-02-05 22:07
U.S. equities experienced a challenging day on Thursday, February 5, 2026, as a significant sell-off in technology stocks and discouraging reports from the job market weighed heavily on investor sentiment. The tech-heavy Nasdaq Composite (NDAQ) and the benchmark S&P 500 (SPX) both closed sharply lower, marking their third consecutive day of losses, while the Dow Jones Industrial Average (DJIA) also retreated amidst a broad "risk-off" environment.The S&P 500 fell 1.2% to close at 6,798.40, recording its sixt ...
Earnings live: Strategy gets caught in bitcoin crash, Amazon stock plunges, Roblox surges
Yahoo Finance· 2026-02-05 21:30
The fourth quarter earnings season momentum continues this week, as results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighted the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate an 11.9% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the ind ...
Snap: Hidden Subscriber Boom
Seeking Alpha· 2026-02-05 21:06
If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start February, consider joining Out Fox The Street .Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potent ...
Snap Gets Upgraded After Earnings. Not All of Wall Street Is So Optimistic.
Barrons· 2026-02-05 16:50
B. Riley upgraded shares of Snap to Buy from Neutral. ...