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Snap Inc. (SNAP) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-26 19:28
Core Viewpoint - Investors in Snap Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the company's advertising growth and earnings potential [1][2]. Summary by Sections Lawsuit Details - The lawsuit claims that between April 29, 2025, and August 5, 2025, Snap's management failed to disclose critical information, including: 1. Snap's optimistic reports on advertising growth and earnings potential were not aligned with reality, as they overly depended on the company's execution capabilities [2]. 2. Snap was facing significant execution errors, contrary to the management's claims of lacking visibility due to macroeconomic conditions [2]. 3. The positive statements made by the management regarding the company's business and prospects were materially misleading and lacked a reasonable basis throughout the relevant period [2]. Participation Information - Investors who suffered losses on their Snap investments are encouraged to participate in the class action lawsuit before the lead plaintiff deadline of October 20, 2025 [2]. - Interested parties can contact Glancy Prongay & Murray LLP for more information regarding participation and their rights [3][4]. Contact Information - For inquiries, investors can reach out to Charles Linehan at Glancy Prongay & Murray LLP, located at 1925 Century Park East, Suite 2100, Los Angeles, California 90067, via email or telephone [3][5].
Snapchat sees sharp rise in engagement among Gen Z users
The Economic Times· 2025-09-26 09:39
Core Insights - India is a key market for Snapchat's global creator strategy, being one of the fastest-growing markets and a significant contributor to content on the platform [1][2] - The number of official Snap Stars in India has increased by 1.5 times over the past two years, indicating a strong interest in creator-led content [2] - Snapchat's engagement among younger users in India has surged, with total time spent on the platform doubling over the past two years [2] Industry Overview - Snapchat currently has over 250 million monthly users globally, with 70% of them being Gen Z [2] - India's digital economy was valued at $190 billion in 2024 and is projected to exceed $1 trillion by 2030, with user numbers expected to rise from 238 million in 2024 to 500 million by 2030 [2] Creator Ecosystem - Snapchat has invested in initiatives like 'Snapchat Creator Connect' to build an inclusive creator ecosystem, reaching creators beyond metropolitan areas in India [1][2] - Content shared on Spotlight by creators and publishers has increased over fourfold year-on-year [2] - Brands from various sectors, including fashion, beauty, and consumer tech, are engaging with Snapchat creators for influencer marketing partnerships targeting Gen Z consumers [2]
Snapchat goes vocal for local, ignites Gen Z frenzy
MINT· 2025-09-26 00:30
Core Insights - Snapchat's popularity in India has significantly increased due to its efforts to customize the app and engage with Gen Z, leading to a doubling of time spent on the platform over the past two years [2][4] - The number of official Snap Stars in India has risen by 1.5 times, indicating a growing demand for authentic creator-led content [3] - Snapchat's financial performance in India shows a 28.5% increase in operating revenue to ₹101.3 crore in FY24, with net profit growing 25.9% to ₹9.7 crore [5] User Engagement - The average time spent on Snapchat in India is estimated to be between 15-30 minutes per day per user, with a user base of 250 million active users [2] - Snapchat's strategy includes increasing local content creation, with young creators emerging from various Indian cities [6] - The platform has seen a fourfold increase in content shared on Spotlight, its entertainment feed [3] Market Strategy - Localization is a key strategy for Snapchat, focusing on engaging young creators and increasing movie and TV content partnerships [6][7] - Snapchat has partnered with major brands for advertising, utilizing augmented reality (AR) features to enhance user engagement [8] - The platform is seen as a good space for creators due to its emphasis on authenticity and engagement rather than high production values [9] Demographics and Audience - Snapchat's primary audience in India is between 13 and 34 years old, making it suitable for industries like fashion, beauty, and entertainment [12][13] - The app has limited traction among users over 40, which may restrict its brand impact [14] - While Snapchat is effective for brand awareness, it is not seen as a strong platform for performance marketing or direct conversions [15][16] Challenges - A significant challenge for Snapchat is the lack of creator discoverability, with many creators using the platform as a secondary option rather than a primary one [17] - Brands are hesitant to allocate large marketing budgets to Snapchat due to its focus on a younger audience, many of whom lack purchasing power [16]
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-09-25 22:12
RT ArchAI Viking (◉ - ◉) (@badviking1995)GM LEGENDS☀️𝗦𝗼𝗺𝗲𝗼𝗻𝗲 𝗣𝗹𝗲𝗮𝘀𝗲 𝗛𝗲𝗹𝗽 𝗠𝗲 𝗚𝗲𝘁 𝗢𝘂𝘁 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗙𝘃𝗰𝗸𝗶𝗻𝗴 𝗦𝗻𝗮𝗽 𝗝𝗮𝗶𝗹 🤬Day starts but I’m still stuck in Snap Jail 😩Only +0.05 SNAPS (24h) … bruhhh 🤯Leaderboard rank: #217Total: 17.93 SNAPS@cookiedotfun @recallnet set me free already 😅#SnapSeason #gRecall #OnChainAI ...
'Fast Money' traders talk about what the TikTok deal means for Big Tech
Youtube· 2025-09-25 21:55
Core Insights - ByteDance, the parent company of TikTok, has a valuation exceeding $300 billion, with a recent $14 billion deal for its US division, raising questions about its true worth given its significant growth over the past five years [1][10][11] Company Valuation - The valuation of TikTok is considered low compared to its revenue potential, as it reportedly generates four to five times the revenue of Snap, which has a $15 billion enterprise value [2][10] - There are speculations that bids for TikTok could exceed $40 billion, indicating strong interest from potential buyers [2][3] Algorithm Ownership and Value - The value of TikTok is heavily tied to its algorithm, with concerns about who will own it post-deal and how effective a leased version would be [4][7] - Oracle's involvement is seen as strategic, given its historical relationship with TikTok as a major customer for cloud services [5][6] Market Dynamics - The deal is perceived as favorable for Oracle, aligning with US regulatory dynamics, although it does not guarantee approval from Chinese authorities [6] - The differing use cases of TikTok and Snap are highlighted, with TikTok focusing on content consumption and Snap on messaging, suggesting distinct market positions [8][9] Advertising Revenue Potential - TikTok's revenue streams include advertising and e-commerce, positioning it as a preferred platform for creators, which enhances its market value [12]
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Snap Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNAP
Globenewswire· 2025-09-25 21:02
NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Snap Inc. (NYSE: SNAP) between April 29, 2025 and August 5, 2025, both dates inclusive (the “Class Period”), both dates inclusive, of the important October 20, 2025 lead plaintiff deadline. SO WHAT: If you purchased Snap securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arran ...
Levi & Korsinsky Notifies Shareholders of Snap Inc. (SNAP) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2025-09-25 20:40
NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Snap Inc. ("Snap" or the "Company") (NYSE: SNAP) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Snap investors who were adversely affected by alleged securities fraud between April 29, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/snap-inc-lawsuit-submission-form-2?prid=168 ...
Snap Inc. (SNAP) Faces Class Action Over Ad Platform, Investors Allege Misleading Statements According to Hagens Berman
Globenewswire· 2025-09-24 22:26
Core Viewpoint - A securities class action lawsuit has been filed against Snap Inc. and certain senior executives, alleging misleading representations regarding its digital advertising platform and growth prospects, following a significant decline in stock price after Q2 financial results [1][4]. Group 1: Lawsuit Details - The lawsuit claims Snap provided false assurances about the effectiveness of its advertising platform and its revenue-driving potential, while actually facing negative impacts from a major "execution error" related to recent changes in the ad platform [4]. - The alleged misleading information became apparent on August 5, 2025, when Snap reported Q2 2025 results, missing analyst estimates for GAAP EPS and revealing a drastic slowdown in ad revenue growth from 9% in Q1 to just 1% in April [5]. Group 2: Financial Impact - Following the Q2 report, Snap's stock price dropped approximately 17% the next day due to the disclosed issues with its advertising platform and revenue growth [5]. Group 3: Legal Representation - Hagens Berman, a law firm, is investigating the case and encouraging investors who suffered losses to come forward, questioning whether Snap misled investors about the ad platform changes that led to revenue deceleration and share price decline [6].
SNAP ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Snap, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-24 21:14
Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly misleading investors regarding its advertising revenue growth, which significantly declined from 9% to 1% during the specified period [2][7]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased Snap securities between April 29, 2025, and August 5, 2025, inclusive [2]. - Investors have until October 20, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [2]. Group 2: Allegations - The complaint alleges that Snap provided overly positive statements while concealing material adverse facts about its advertising revenue growth [7]. - Snap's advertising revenue growth rate reportedly declined from 9% in the first quarter to only 1% in April due to execution failures [7]. Group 3: Financial Impact - On August 5, 2025, Snap announced a deceleration in advertising revenue growth, attributing it to issues with its ad platform and other factors [7]. - Following this 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 [7].
DEADLINE ALERT for PUBM, SNAP, NUTX, and AI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globenewswire· 2025-09-24 16:14
Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, alleging that these companies made materially false and misleading statements regarding their business operations and prospects [1]. Group 1: PubMatic, Inc. (NASDAQ: PUBM) - The class period for PubMatic is from February 27, 2025, to August 11, 2025, with a lead plaintiff deadline of October 20, 2025 [2]. - Allegations include failure to disclose a significant shift of clients to a new platform by a top DSP buyer, resulting in reduced ad spend and revenue for PubMatic [2]. - Defendants' positive statements about the company's business were deemed materially misleading and lacked a reasonable basis [2]. Group 2: Snap Inc. (NYSE: SNAP) - The class period for Snap is from April 29, 2025, to August 5, 2025, with a lead plaintiff deadline of October 20, 2025 [3]. - The complaint alleges that Snap's optimistic reports on advertising growth were misleading, as they relied too heavily on the company's execution capabilities [3]. - Defendants failed to disclose significant execution errors and macroeconomic challenges, leading to materially misleading statements about the company's prospects [3]. Group 3: Nutex Health Inc. (NASDAQ: NUTX) - The class period for Nutex is from August 8, 2024, to August 14, 2025, with a lead plaintiff deadline of October 21, 2025 [4]. - Allegations include engaging in a scheme to defraud insurance companies, leading to unsustainable revenue claims [4]. - The company overstated its ability to remediate internal control weaknesses, resulting in improper accounting of stock-based compensation obligations [4]. Group 4: C3.ai, Inc. (NYSE: AI) - The class period for C3.ai is from February 26, 2025, to August 8, 2025, with a lead plaintiff deadline of October 21, 2025 [6]. - The complaint alleges that the company's optimistic growth reports were misleading, relying heavily on the CEO's health and effectiveness [6]. - Defendants failed to disclose that the CEO had not sufficiently recovered to fulfill his role, leading to materially misleading statements about the company's prospects [6].