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
Delta Raises Flight Crew Pay By 5%
Dela Air Lines is raising pay by 5% for thousands of ground workers and flight attendants.
Stocks Up After Powell Comments
Ed Siddell, CEO and chief investment officer of EGSI Financial, joined Cheddar News to discuss Tuesday's market session as stocks traded higher after Fed Chair Jerome Powell gave a favorable glimpse into disinflation.
When It Makes Sense to Dip Into Your 401k
Jade Washaw, financial expert with Ramsey Solutions, joined Cheddar News to discuss when you can withdraw from your 401k plan early.
Boeing Announces It Will Cut 2,000 Jobs
Boeing said it will shed 2,000 workers in its finance and human resources departments.
Inflation Is Dropping but Fed Chair Powell Says 'It Has a Long Way to Go'
Inflation is finally coming down, but Federal Reserve Chair Jerome Powell warned that the U.S. economy is not out of the woods yet.
Cheddar Afternoon News Briefings of February 7th
Cheddar Afternoon News Briefings
Afternoon Alexa Flash Briefings of February 7th
Alexa Flash Briefings
Amazon Scales Back Cargo Shipments as Demand Falls, Says Contractor
Air Transport Services Group (ATSG), which handles cargo for Amazon and DHL, said the companies are cutting back on flights in response to lower customer demand.
DeSantis to Choose Board in Charge of Disney Florida District
Control of Disney's Orlando area theme parks may soon go to a board chosen by Governor Ron DeSantis. Republican lawmakers unveil the bill that would give Republicans authority over the state's largest employer.
