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UPDATE 1-Snap lays off 18 employees in recruiting division

2017-10-20 reuters
SAN FRANCISCO (Reuters) - Social media company Snap Inc (SNAP.N) said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc (FB.O). (123-0)

Uber's Road to IPO: Will It Live Up to the Hype?

2017-10-20 zacks
By now, I think we all know what Uber is, what it does, and how it makes our lives easier. Have too many groceries? Get an Uber. Too drunk? Get an Uber. Stressful day at work? Uber. Like magic—now, it’s really an expectation—any transportation woes vanish with the digital sight of a car heading your way. (421-0)

Will Airbnb Be the Next Tech Unicorn to IPO?

2017-10-20 zacks
Founded in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, Airbnb is an app and website that connects people seeking lodging with renters who have listed their personal houses, apartments, guest rooms, etc., on either platform. Travelers can book accommodations around the world online or from a tablet or mobile phone. (145-0)

SoftBank's big checks are stalling tech IPOs

2017-10-20 reuters
LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp (9984.T) and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year. (109-0)

SoftBank's big checks are stalling tech IPOs

2017-10-20 in.reuters
LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp (9984.T) and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year. (109-0)

Adobe Systems Incorporated Will Head Higher — Much Higher

2017-10-19 investorplace
Its a red day for the market, but one stock bucking that trend is Adobe Systems Incorporated (NASDAQ:ADBE). The one-stop shop for creative professionals delivered preliminary fiscal 2018 guidance that was well above analyst estimates. Management expects earnings per share to be about $5.50, nearly 6% above where the Street was sitting ($5.20). The strong guide has ABDE stock up almost 12% on Thursday. (161-0)

5 Market-Leading Tech Stocks to Abandon Now

2017-10-19 investorplace
U.S. equities have slipped into the red on Thursday — this 30th anniversary of the 1987 Black Monday crash — in what was the most significant pullback at the open in weeks. (339-2)

Facebook, Snap Flex Video Muscles at Cannes Global TV Gathering - Bloomberg

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (155-0)

Snapchat's Teen Users Say Facebook's Instagram Is Best Way To Reach Them

2017-10-19 seekingalpha
Revenue and earnings will remain a challenge to grow as marketers not willing to spend a lot on the platform. (123-0)

CNN Awarded First FAA Waiver Allowing Drone Flights Over Crowds - Bloomberg

2017-10-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (91-0)

Snapchat signs Olympic deal with Eurosport

2017-10-18 reuters
MANCHESTER, England (Reuters) - Social media platform Snapchat will present Winter Olympics content at next year’s event in Pyeongchang after striking a deal with Discovery communications’ Eurosport, a move which could help the Games reach the younger demographic it craves. (115-0)

Snap Partners With NBCUniversal for Original Scripted Shows

2017-10-18 zacks
Snap Inc. (SNAP - Free Report) is partnering with Comcast-owned NBCUniversal to launch a studio that will produce scripted shows for the company’s video and messaging application, Snapchat. The terms of the deal were undisclosed. (147-0)

Facebook's Food Order and Delivery Services to Boost Growth

2017-10-18 zacks
Facebook Inc. (FB - Free Report) ) recently announced that it has partnered with several restaurants and food ordering services to enable U.S. users to order food through the platform. (281-0)

Snap Inc Bears Are in for a Tasty Treat This Month | InvestorPlace

2017-10-18 investorplace
It’s more popular than ever with teens, but Snap Inc (NYSE:SNAP) looks like a stock ripe for shorting. For traders in agreement, a rally in SNAP stock is readying to disintegrate. A bear put spread can keep you from holding the bag, just in case an expected trick turns out to be a treat for bulls. Let me explain. (123-0)

Facebook (FB) Announces Acquisition of Popular Teen App TBH

2017-10-17 zacks
Facebook Inc. (FB - Free Report) recently announced the acquisition of “an anonymous polling app” called TBH for an undisclosed amount. However, per TechCrunch, the deal closed at “less than $100 million”. (301-0)

Why Twitter Inc (TWTR) Stock Earnings Next Week Could Be Rough

2017-10-17 investorplace
Every quarterly earnings report is an important one in the modern market environment. But, when a publicly traded company is fighting for its life, every sliver of data is scrutinized under a microscope. That’s where Twitter Inc (NYSE:TWTR) is right now, fighting to justify itself as an investment opportunity when little seems to be going right for the organization. (144-0)

Trade of the Day: Snap Inc (SNAP) Stock Is Coming Alive

2017-10-17 investorplace
Shares of Snap Inc (NYSE:SNAP) in mid-August were trading more than 60% off their post-IPO (initial public offering) highs and pessimism around the stock and the company’s prospects was palpable. Since then, SNAP stock has “recovered” nearly 50%, and although pessimism remains high and the stock volatile, the charts are beginning to paint a more constructive picture in multiple time frames. (89-0)

Facebook Buys TBH, a Teen-Targeted Anonymous Poll App - WSJ

2017-10-17 wsj
Facebook Inc., which is trying to make inroads with younger users, said Monday that it bought TBH, an anonymous polling app that has become an overnight sensation among teens. (123-0)

Silicon Valley Wagers Big on a Few Wannabe Superstars - Bloomberg

2017-10-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (279-0)

Avoid Snap, Inc. At All Costs! Cost Problem Explained In 7 Pictures

2017-10-13 seekingalpha
The company will continue to destroy investor money for the foreseeable future, just as management stated. (89-0)

UnitedCorp puts Facebook and Instagram on Notice for Patent Infringement Related to their Geolocation-based Image Overlays

2017-10-13 prnewswire
MIAMI, FL, Oct. 13, 2017 /PRNewswire/ - Miami-based United American Corp (UnitedCorp), (OTC: UAMA) announced today that it has taken further enforcement steps related to the protection of its intellectual property and has issued cease and desist notices to Facebook (NASDAQ: FB) and Instagram related to their respective geolocation-based image overlays which infringe on UnitedCorp's iFramed technology. (138-0)

Snapchat Continues to Enjoy the Support of Teens Per Survey

2017-10-13 zacks
Snap Inc.’s (SNAP - Free Report) messaging application Snapchat is the most preferred social networking medium among teens, per Piper Jaffray’s 34th semi-annual Taking Stock with Teens survey. (221-0)

UnitedCorp puts Facebook and Instagram on Notice for Patent Infringement Related to their Geolocation-based Image Overlays

2017-10-13 prnewswire
MIAMI, FL, Oct. 13, 2017 /PRNewswire/ - Miami-based United American Corp (UnitedCorp), (OTC: UAMA) announced today that it has taken further enforcement steps related to the protection of its intellectual property and has issued cease and desist notices to Facebook (NQ: FB) and Instagram related to their respective geolocation-based image overlays which infringe on UnitedCorp's iFramed technology. (104-0)

Friday’s Vital Data: AT&T Inc. (T), Citigroup Inc (C) and Snap Inc (SNAP) | InvestorPlace

2017-10-13 investorplace
U.S. stock futures are trending higher this morning, as Wall Street prepares for another round of corporate earnings and a pair of key economic reports. On the earnings side, we have more results from U.S. banking giants Bank of America Corp (NYSE:BAC) and PNC Financial Services Group Inc (NYSE:PNC), which traders hope won’t follow in the paths of Citigroup Inc. (NYSE:C) and JPMorgan Chase & Co. (NYSE:JPM), which sold off yesterday. (308-0)

Why Did Snap Inc. Stock Gain Today?

2017-10-12 zacks
Shares of Snap Inc. (SNAP - Free Report) gained more than 5% in morning trading Thursday after the social media company, which has struggled to garner any positive momentum since its IPO earlier this year, received two favorable analyst reports. (144-1)

Stock Research Report

Snap Inc. is a camera company.

Snap believe that reinventing the camera represents Its greatest opportunity to improve the way that people live and communicate. Its products empower people to express themselves, live in the moment, learn about the world, and have fun together.

Its flagship product, Snapchat, is a camera application that was created to help people communicate through short videos and images. The company call each of those short videos or images a Snap. On average, 173 million people use Snapchat daily, and over 3.0 billion Snaps are created every day. On average, its users visit Snapchat more than 20 times per day and spend over 30 minutes on Snapchat every day.

Trends in User Metrics

User Engagement

The company define a Daily Active User as a registered Snapchat user who opens the Snapchat application at least once during a defined 24-hour period. The company measure average Daily Active Users for a particular quarter by calculating the averag...

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CUSIP: 83304A106