Snap Inc.

Snapchat reported 19% year-over-year revenue growth in Q2 but posted a net loss of $164 million, leaving it unprofitable after 15 years. Management expects adjusted EBITDA of $300–350 million in Q3 and anticipates positive net income in 2027, though a multi-year dilution program could offset benefits. Daily active users are declining in North America and Europe and international ARPU remains far below U.S. levels, raising concerns about sustainable profitability. » Más en finance.yahoo.com

Snap’s stock dropped about 7.1% to $5.50 in morning trading after a rally of nearly 26% since late July faded and investors took profits. Q2 results beat expectations with roughly $1.6bn in revenue (+19%), a narrower loss per share and 493 million daily active users, but the core digital advertising business grew only modestly while subscriptions accounted for the bulk of growth. Additional selling pressure came from a 9th U.S. Circuit Court of Appeals decision that narrows Section 230 immunity and could enable thousands of lawsuits, as well as recent insider sales by executives. Analysts remain mostly cautious (majority price targets $5–$7) and see the stock back near the middle of its 52-week range of $3.81 to $9.28. » Más en de.investing.com

Snap stock dropped about 7–8% after Pennsylvania's attorney general sued the company alleging Snapchat is designed for compulsive use by minors and creates risks from disappearing messages. The selloff was Snap-specific while Meta agreed to a $16.7 billion settlement resolving a 29-state teen-addiction case, a charge Meta can absorb but would be proportionally heavier for smaller Snap. Alphabet remains a co-defendant in remaining teen-safety trials, and investors may trim Snap exposure until the legal calendar clears. » Más en finance.yahoo.com