JUMP REPORT
SNAP (SNAP)
EARNINGS RELEASE - JULY 21 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.09/share REV: 438.09/M
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LAST QTR: EPS: -.07 /share ACTUAL: -.08 /share (MISS)
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NEXT QTR: EPS: -.05/share REV: 529.37/M
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FULL YR: EPS: -.08/Share REV: 2,130/M
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BEAT/MISS RECORD: 69% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 37.9, -15.12, -7.66
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Congress is getting closer to legislation against TikTok.
Bad news for a rival is being taken as a positive by the U.S. social media company’s investors.
(Bloomberg) — TikTok is heading to its moment of truth in Washington, with Congress on a fast track to approve a bill aimed at forcing the social-media platform’s Chinese parent ByteDance Ltd. to divest its controversial ownership stake.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingIsrael Launches Retaliatory Strike on Iran, US Officials SaySingapore Loses ‘World’s Best Airport’ C
Stocks (^DJI, ^IXIC, ^GSPC) reversed course throughout Wednesday and ended up closing the session lower. The Nasdaq Composite fell by over 180 points. Market Domination Overtime Host Julie Hyman reviews the day’s trading activity, eyeing the performance of tech leaders Nvidia (NVDA) and Snap Inc. (SNAP). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Social media service Snap said on Tuesday that it plans to add watermarks to AI-generated images on its platform. The watermark is a translucent version of the Snap logo with a sparkle emoji, and it will be added to any AI-generated image that are exported from the app or saved to the camera roll. The watermark, which is Snap’s logo with a sparkle, denotes AI-generated images created using Snap’s tools. Image Credits: Snap On its support page, the company said removing the watermark from images
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Avg Daily Volume: 5,038,497 Market Cap: 102.74B
Sector: Technology Short Interest: 2.45
Ticker delayed 20 minutes
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