Snap reports earnings after the Closing Bell Tuesday. CFRA's Director of Equity Research Scott Kessler explains his predictions for the social media company's quarterly report.
Wall Street is expecting quarterly revenue to generate about $253 million, and earnings per share loss of $0.16. Kessler says the key number he is watching for is user growth.
On whether report is a make or break moment for Snap, Kessler says not so fast. "There's a lot of work--a lot of wood that needs to be chopped so to speak. This is one in many quarters that the company is going to report," said Kessler.
Unpacking Jerome Powell’s surprise rate cut with Tematica Research CIO Chris Versace—what it signals, who wins, who loses, and what smart investors do now.
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
