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- Wall Street closes sharply lower as AI cash burn fears spark tech selloff
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets
- Bitcoin, cryptocurrency prices fall after Binance reports security issue
- Higher yields now hurting AI stock bull as bond markets police capex: BofA
- Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran
- Qualcomm shares fall on Intel warning and legal concerns
- Marvell Technology shares drop on Lumentum deal concerns
- Oracle shares drop on AI spending concerns and Microsoft criticism
- Wall Street closes sharply lower as AI cash burn fears spark tech selloff
- SpaceX stock drops on launch setback and sector selloff
- After-Hours Movers: AMZN, TWLO, INTC, SNDK, RDDT, RBLX, PINS, RIVN, SBUX, ILMN
- After-Hours Movers: GOOGL, MSFT, NOW, KLAC. CMG, CVNA, TDOC
- After-Hours Movers: STX, ENPH, HOOD, V, CSGP, BOOM, CAKE, PPG, OI, TER
- After-Hours Movers: CLS, AVGO, CDNS, AMKR, WHR
- After-Hours Movers: WDC, BE, DECK, FIX, RNG
Morgan Stanley Reiterates Underweight on Snap (SNAP) Following 2Q
August 8, 2018 8:02 AM EDTMorgan Stanley reiterated an Underweight rating and $7.50 price target on Snap Inc (NYSE: SNAP) following the company's 2Q earnings report. 2Q revenue and EBITDA were better than feared, but 2Q user declines expected to continue in 3Q highlight still-existing platform... More
Nomura/Instinet Remains Sidelined on Snap (SNAP) Following 2Q
August 8, 2018 7:22 AM EDTNomura/Instinet reiterated a Neutral rating and $13.00 price target on Snap Inc (NYSE: SNAP) following the company's 2Q earnings report. Results were better despite declining DAUs, and analyst Mark Kelley thought the commentary around the Android rebuild indicated that there might... More
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



