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- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
BTIG Remains Sidelined on Snap (SNAP) After Lowering Estimates Again
August 7, 2018 7:55 AM EDTBTIG reiterates a Neutral rating on Snap Inc (NYSE: SNAP) after lowering estimates again. Even though Snapchat, much like a WhatsApp or iMessage, is a communications platform at its core. Content platforms are working to enable more communication between users and messaging platforms are... More
