Previous close | 403.80 |
Open | 401.85 |
Bid | 404.45 x N/A |
Ask | 405.35 x N/A |
Day's range | 399.90 - 405.45 |
52-week range | 209.85 - 489.25 |
Volume | |
Avg. volume | 41 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 24 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Big Tech companies have ramped up spending to compete on AI. They're compensating shareholders for the effort, too.
Last Thursday, Snap Inc (NYSE: SNAP) reported its first quarter financials, showing that the improvements it made to its advertising system showed results faster than anticipated. Upon the earnings beat, strong revenue growth as well as the rise of daily active users to 422 million, shares surged 21% during after-hours trading. First quarter results show Snap’s efforts to rebuild its ad business are working. For the first three months of the year, Snapchat-parent reported revenue rose 21% to $1.
Recently, Zacks.com users have been paying close attention to Meta Platforms (META). This makes it worthwhile to examine what the stock has in store.