Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares fell more than 14% Wednesday after the social media company withheld second-quarter guidance due to the uncertain macroeconomic environment….
Snap CEO Evan Spiegel speaks during the Semafor World Economy Summit 2025 at Conrad Washington in Washington, D.C., on April 23, 2025. Kayla Bartkowski | Getty Images Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand. Shares dropped 15% in after-hours trading. Here is…
Newly elected Canadian Prime Minister Mark Carney is likely to call a national election for 28 April, potentially as soon as this Sunday, multiple news outlets report. With Canada’s businesses reeling from a trade dispute with the US, Carney – a former two-time central banker – is expected to pitch himself as the candidate best…
Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images BEIJING — Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs. Net…
After US President Donald Trump threatened Canada with steep tariffs, Monika Morelli from Montreal cancelled her subscriptions to Netflix and Amazon, two giant American companies. She also called off a trip that she had planned for later in the year to New Orleans. “There is something that has been irrevocably broken now, after centuries of…
After US President Donald Trump threatened Canada with steep tariffs, Monika Morelli from Montreal cancelled her subscriptions to Netflix and Amazon, two giant American companies. She also called off a trip that she had planned for later in the year to New Orleans. “There is something that has been irrevocably broken now, after centuries of…
Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results. Here is how the company did compared with Wall Street’s expectations: Earnings per share: 16 cents adjusted vs. 14 cents expected, according to LSEG Revenue: $1.56 billion vs. $1.55 billion expected, according to LSEG Global daily active users: 453 million vs. 451.1 million…
Snap CEO Evan Spiegel, joins CNBC ‘Power Lunch’ on September 17, 2024. CNBC Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC’s non-public complaint involves allegations that Snapchat’s My AI chatbot poses “risks and harms to…
Olaf Scholz, Germany’s chancellor, right, speaks with aide Joerg Kukies at the COP27 climate conference at the Sharm El Sheikh International Convention Centre in Sharm El-Sheikh, Egypt, on Monday, Nov. 7, 2022. Islam Safwat | Bloomberg | Getty Images Jörg Kukies was appointed as Germany’s new finance minister on Thursday, as pressure mounts on Chancellor Olaf…
