The US stock market is currently experiencing a period of heightened volatility, with major indices showing mixed signals as investors grapple with economic uncertainties, evolving corporate earnings, and the lingering impact of trade policies. While the broader market has demonstrated resilience in recent months, certain key sectors, notably Technology, Utilities,
Shares of social network Snapchat (NYSE: SNAP)
fell 17.7% in the afternoon session after the company reported disappointing second-quarter financial results, driven by a revenue miss and a critical error on its advertising platform. The social media firm posted revenue of $1.34 billion, which fell short of analysts' $1.35 billion forecast. A key metric, average revenue per user (ARPU), which measures how much money the company made from each user, also disappointed at $2.87, below the expected $2.90. Chief Executive Evan Spiegel explained that a flawed update to its advertising platform caused ad campaigns to be priced substantially lower than intended. Adding to investor concerns, the company's net loss widened from the prior year, and it announced the departure of its senior vice president of engineering. While daily active users grew, the positive user numbers were overshadowed by the company's struggles to effectively monetize its platform.
The latest corporate earnings season has sent ripples of concern through the financial markets, as several high-profile companies, including Walt Disney (NYSE: DIS), Advanced Micro Devices (NASDAQ: AMD), and Snap (NASDAQ: SNAP), have reported results that fell short of Wall Street's often-optimistic expectations. These misses are not isolated incidents but
U.S. stocks rebounded sharply on Wednesday, fully erasing last Friday's losses, as upbeat corporate earnings and renewed investor optimism outweighed concerns over escalating trade tensions.
Snap Inc. shares plunged over 14% after-hours as CEO Evan Spiegel highlighted a shift in U.S. user behavior from story posting to content sharing, amid stagnant daily user growth and evolving engagement patterns.
Social network Snapchat (NYSE: SNAP) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.7% year on year to $1.34 billion. Its GAAP loss of $0.16 per share was in line with analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Stocks slipped Tuesday as fresh economic data reignited stagflation fears on Wall Street, overshadowing a blowout quarter from Palantir Technologies Inc.
A number of stocks jumped in the afternoon session after markets rebounded following a sharp sell-off in the previous trading session as a weaker-than-expected U.S. jobs report fueled speculation that the Federal Reserve will cut interest rates in September. The July Nonfarm Payrolls (NFP) report revealed a significant slowdown in the labor market, with the economy adding only 73,000 jobs, well below the anticipated 110,000. Furthermore, data for May and June was revised downwards, indicating 250,000 fewer jobs were created than initially reported. This weaker economic data has led investors to increase their bets on a potential interest rate cut by the Federal Reserve. According to the CME FedWatch Tool, the probability of a rate cut in September has surged to over 80%. Lower interest rates are generally seen as a positive for growth-oriented stocks, as they can boost economic activity and increase the present value of future earnings, fueling broad-based rallies in sectors like technology.
