Snap Inc (SNAP) News & Events

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SNAP News

6.010-14stocktwits

UBS Raises Meta Price Target to $884 Amid AI Monetization Opportunities

8.010-12stocktwits

Surge in Snap Inc. Options Activity Signals Investor Optimism

2.010-12CNBC

Snap Shares Surge Nearly 20% Amid Options Trading Surge

8.510-06PRnewswire

Blue Duck Capital Urges Snap Board to Unlock Shareholder Value

8.510-06Newsfilter

Blue Duck Capital Urges Snap Board to Unlock Value

8.009-24stocktwits

US-China Trade Truce Extended to 2027

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Snap's High-Priced AR Glasses Spark Investor Concerns

5.009-23Fool

Snap Launches AR Glasses Amid Market Concerns

2.009-22Yahoo Finance

Pinterest Shares Extend 21% Decline Amid Isolated Selling

5.009-21Fool

Investing in Low-Priced Stocks: Risks and Opportunities

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SNAP Events

10/11 16:00

Turkey Bans Social Media Services for Children Under 15

Turkey will no longer allow social media platforms to provide their services to children under 15 years of age, Inci Ozbek of Bloomberg reports, citing a regulation published in the Official Gazette. Companies will be required to verify users' ages when accounts are created by using an age-verification token through an e-government system. The regulation will take effect on November 1st and age verification for existing accounts is set to be completed by March 31, 2027. Publicly traded companies in the space include Meta Platforms (META), Alphabet (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).

10/6 09:30

Blue Duck Capital Urges Snap Board to Raise External Capital for Specs

Blue Duck Capital, a long/short equity investment manager focused on thematic opportunities within Technology, Media, Telecom, Consumer, and Industrial sectors and shareholder of Snap (SNAP) common stock, issued an open letter to the SNAP Board of Directors outlining a path to unlock shareholder value associated with its industry-leading Specs technology. In the letter, Blue Duck urges the Board to raise dedicated external capital for Specs from venture investors or a strategic partner without diluting SNAP shareholders. Blue Duck believes that doing so would unlock a potential re-rating that could more than double SNAP's share price to $12-14, by: Pulling forward the timeline required for next generation Specs to improve form factor and price point. Removing an estimated $500 million in annual Specs spending from SNAP's core business, freeing free cash flow growth from the funding burden of Specs development. Establishing market value for Specs, which Blue Duck believes is $5 billion based on comparable precedents, so Wall Street can value SNAP on a sum-of-the-parts basis. Resetting value for SNAP's core advertising and subscription business, which the market currently values at just 2-3.5x estimated 2027 EBITDA despite strong revenue growth and nearly one billion monthly users. Improving employee morale, executive retention, and crystalizing a more focused strategic path forward.

10/5 16:30

Cboe Data Suggests Bullish Flow in Snap Inc.

Cboe data suggests bullish flow in Snap Inc. (SNAP), with shares up 2c, or 0.45%, near $5.61. Options volume relatively light with 37k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.25. Implied volatility (IV30) is higher by 4.6 points near 69.45,and above the 52wk median, suggesting an expected daily move of $0.25. Put-call skew flattened, suggesting a modestly bullish tone.

9/17 10:30

Snap Partners with Salesforce and Others for Enterprise AR Glasses

Snap (SNAP) shared new partnerships to enable SPECS AR glasses for enterprise, including new computing capabilities for field service, remote support, and retail. The company said that together with Salesforce (CRM), Amazon Web Services (AMZN), Nvidia (NVDA), Trifork, and Hololight, it is "building new ways to help workers access information, get guidance, and collaborate while keeping their hands free and their head up." According to Snap, "Salesforce is bringing Agentforce to SPECS. With Agentforce, employees can use SPECS to identify what they are looking at, create a case for an issue, surface relevant information, and update a workflow without needing to move back and forth between their natural workflow and a separate screen. With AWS, we're working to connect SPECS to Amazon Quick, the AI assistant for work, allowing employees in any industry to access useful information while staying connected to their workflows. In retail for example, an associate could ask Quick via SPECS to see where a product is located, how many are in stock, and any other information required, with answers served directly into their field of view. We're working with NVIDIA to bring agents built on the Nvidia XR AI stack to SPECS, allowing SPECS to understand a worker's surroundings, access relevant company data, and provide guidance in real time. SPECS and Nvidia partners are already exploring how these AI capabilities can support different kinds of work."

9/17 06:00

EU Unveils Kids Act, Restricting Social Media Access for Under 13s

European Commission President Ursula von der Leyen unveiled the EU Kids Act during her State of the Union address. The proposal prohibits social media platforms from accessing children under the age of 13 and sets an EU-wide minimum age for minors to open an account of their own at the age of 15, thereby ensuring a gradual approach. "The KIDS Act also reverses the burden of proof. Now, service providers will have to show that their services are age-appropriate and safe by design." Commission President, Ursula von der Leyen, said: "Today, our children are engaging with the most sophisticated technologies ever created. Technology that was never created with their wellbeing in mind. Our KIDS Act is reversing the burden of proof - it is for platforms to show they are safe by design. And we put parents back in the driving seat, giving them the tools to help their children navigate a safer online world." The legislative proposal has been submitted to the European Parliament and Council, with a view to launching the legislative process for their examination and adoption. Publicly traded companies in the space include Meta Platforms (META), Alphabet (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).

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