Analyst Cautions On Snap As Meta And Google Benefit From Ad Spending Shifts

Snap Inc SNAP reported first-quarter results on Tuesday and announced it would not provide second-quarter guidance.Snap reported first-quarter revenue of $1.36 billion, up 14$1.35 billion.The company reported an adjusted loss of 8 cents per share, beating a Street consensus estimate of 13 cents per share.Also Read: Amazon, Wayfair, Pinterest Win Analyst Backing Due To Tariff Pause, Supply Chain Relief, Discretionary Spend RecoveryMultiple Wall Street analysts cut ...