SNAP

Snap's stock dropped 30% in August after the company reported slower-than-expected revenue growth in Q2. While Snap has a large user base and has made improvements to its platform, it is struggling to effectively monetize its platform, and the company is still losing a significant amount of money.

Several large-cap stocks, including Dollar General, Snap, Temu, Intel, and Tencent Music, were among the top 10 worst performers in August, with significant declines in their stock prices.

Snap's stock has plunged 47% this year, but the company is making progress in monetizing its Snapchat platform through innovations like its 7/0 Optimization model and Conversions API. While Snap is still losing money, its revenue growth is outpacing cost increases, and it has a large user base that ...

Aerospike, a real-time database company, reported a 51% year-over-year increase in recurring revenue in Q2 2024, driven by the growing demand for affordable and scalable AI solutions. The company recently closed a $114M investment and is recognized as a leading provider of vector and graph databases...

Snap, the company behind the Snapchat app, has seen its stock price plummet nearly 90% from its all-time high. While the company has a large user base and promising advertising trends, its lack of profitability and dilution of shareholder value have been major concerns. The author believes investors...