Shares for Pinterest Alphabet show worrying drop after Snapchat warning U.S. - United States HEAD TOPICS

Shares for Pinterest Alphabet show worrying drop after Snapchat warning

10/21/2022 10:02:00 AM

Stock shared for these companies dropped on Thursday during Wall Street trading with investors grouping them together because of their revenue model

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WRTV Indianapolis

Stock shared for these companies dropped on Thursday during Wall Street trading with investors grouping them together because of their revenue model Stock shared for these companies dropped on Thursday during Wall Street trading with investors grouping them together because of their revenue model Snapchat's recent warning that it had its slowest revenue growth since it went public five years ago had investors worried about other similar companies.Wall Street investors see companies that sell digital ads as possibly precarious in this economic environment, which was laid bare with Snapchat's recent earnings report. Read more:
WRTV Indianapolis » Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran Bitcoin mining stock report: Thursday, October 20 Snap stock plunges amid record slow revenue growth Snap Stock Plunges As Sales, Outlook Disappoint

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Liz Truss has been outlasted by a lettuce in a British tabloid live stream contest. CNN's Anna Stewart reports. Read more >> Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteranThomas Peterffy, the chairman and founder of Interactive Brokers Group, thinks the S&P 500 index could decline nearly 20% from Wednesday’s level to bottom at around 3,000. Covid lows incoming at minimum Bitcoin mining stock report: Thursday, October 20Here's how crypto mining companies performed on Thursday, Oct. 20. Snap stock plunges amid record slow revenue growthShares in Snap Inc. plummeted more than 20% Thursday after the camera app reported its slowest-ever quarter for revenue growth since going public in 2017. Snap Stock Plunges As Sales, Outlook DisappointSnap kicked off earnings season for social media and tech companies today on a sour note with solid user numbers but lower than expected revenue and a dim fourth-quarter outlook with sales expected to be flat. Shares are down nearly 25% Snap stock plummets more than 25% as online advertising continues to struggleSnap’s shares worsened as the stock plummeted more than 20% in after-hours trading. Snap reported revenue growth of less than 6%, and said sales are growing only 9% so far in the 4th quarter while declining to provide full holiday-season forecast. No one uses Snap they should just sell themselves. Why does it make me happy whenever a social media company drops... CSX rallies on earnings beat, while Union Pacific stock lagsRival rail operators CSX Corp. and Union Pacific Corp. on Thursday both reported third-quarter results that beat estimates, helped by higher prices and the... Shares for the companies Meta Platforms and Alphabet (the parent company of Google) dropped during Thursday Wall Street trading as investors worried about revenue streams.“‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.Cybersecurity firm Naxxo was co-founded by former FBI special agent Chris Tarbell and computer scientist Matt Edman, who helped topple the Silk Road.The company's share price had already declined more than 75% this year going into earnings. Snapchat's recent warning that it had its slowest revenue growth since it went public five years ago had investors worried about other similar companies. Wall Street investors see companies that sell digital ads as possibly precarious in this economic environment, which was laid bare with Snapchat's recent earnings report. IBKR, +6. Snapchat partially blamed inflation as a major contributing factor to its lackluster revenue. . The S&P 500 SPX, -0.