Snap Inc. saw shares plummet in after-hours trading after reporting a loss in the latest quarter and forecasting lower first-quarter revenue. Cheddar News breaks it down.
Share:
More In Business
Pinterest Launches "Find Your Routes"
Pinterest launched a new travel hub called "Find Your Routes" to inspire safe travel and highlight black travelers. Cheddar News dives deep into the social media giant's new platform for Black History Month.
Samsung New Galaxy S23 Lineup Hits Stores
Samsung users can now get their hands on the new lineup of Galaxy phones.
Next Week on the Street: More Earnings & Home Sales Data
More earnings and economic data. Cheddar News takes a peek at next week's Wall Street schedule, including reports from Home Depot, Walmart and Nvidia as well as home sales numbers.
OpenAi Working On Customizable ChatGPT Update
OpenAI is working on an upgrade to ChatGPT to let users customize it.
Transit Tech Startup Via Aiming to Modernize Global Public Transit
Transit technology company Via raised $110 million in a new round of financing. Clara Fain, chief financial officer of Via, joined Cheddar News to discuss the company's mission to digitize public transit globally.
A Look at Unemployment Benefits, Severance After Being Laid Off
Over 100,000 job cuts were announced across major industries in January, according to a report. Jon Bell, an employment attorney with Bell Law Group, joined Cheddar News to discuss unemployment benefits and severance packages.
Stocks Mixed as Officials Hint at More Hikes
Karen Robbins, senior vice president with UBS Wealth Management, joined Cheddar News to discuss Friday's mixed session as officials hinted at more interest rate hikes.
The Week's Top Stories: Retail, Inflation, Airbnb & Roku All Rise
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Rising Energy Costs Could Push 140M People into Extreme Poverty
A new study predicts that rising energy costs that have followed in the wake of Russia's war with Ukraine could push millions of people around the globe into extreme poverty.
