Snap’s stock plunges by 19% due to disappointing forecast

Snapchat founder and CEO Evan Spiegel showcases a Pixy drone during an engaging session at the Viva Technology show in Paris on June 17, 2022. Photo Credit: Eric Piermont | AFP | Getty Images Snap shares witnessed a substantial decline at the commencement of trading, with a staggering 19% drop, as both analysts and investors …

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Google Demonstrates Resilience in the Face of AI Challenges as Cloud Business Flourishes

Sundar Pichai, CEO of Alphabet. Source: Alphabet Alphabet has faced significant speculation this year regarding the health of its core search business. This is due to a decline in the digital advertising market and concerns about the potential impact of AI chatbots on web traffic. In its second-quarter earnings report, Alphabet demonstrated numerous pathways to …

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Biggest After-Hours Movers: Microsoft, Google, Snap, Teladoc

Visitors are seen at Google Headquarters in Mountain View, California, United States on May 15, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Discover the latest trends in the stock market. Alphabet — The Google parent company’s stock surged 7% after reporting better-than-expected second-quarter results, driven by impressive growth in its cloud sales. Alphabet …

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