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"Awful" Snap Sales Wipe $69 Billion From Social Media Stocks

Bloomberg2022-07-22

The Snapchat parent sees a major slowdown in the ad industry‘The earnings optimism may come to a pause for now,’ CMC saysUS social-media giants were on course to shed nearly $69 billion in market ...

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Comment14

  • Bspn
    ·2022-07-25
    Ok
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  • JCai
    ·2022-07-24
    K
    Reply
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    • JCai
      kk
      2022-07-24
      Reply
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  • Bspn
    ·2022-07-23
    Ok
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  • AuntieAaA
    ·2022-07-23
    noted
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  • Bspn
    ·2022-07-22
    Ok
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    • Bspn
      ok
      2022-07-24
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  • SanWangtikup
    ·2022-07-22
    [Smile] 
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  • Jessemyne
    ·2022-07-22
    Grrrrr.... $Snap Inc(SNAP)$Keeps pulling everyone down 😡[Spurting] 
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  • Remotecam
    ·2022-07-22
    Snap's 'poor' earnings and lack of guidance going forward show a significant slowdown in advertising spending.  This spending slowdown with effect other online platforms that rely on advertising as a major income; including Meta, Google, Tweeter, Printerest, Netflix (in the future), etc. 
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  • Terry Tan
    ·2022-07-22
    It's worrying indeed, Google will be affected on ads revenue too in short term
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  • Faeben
    ·2022-07-22
    Time to buy?
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  • Moneyman2
    ·2022-07-22
    Why is snap being used as a measure of how the economy is functioning?🤨🤨🤨
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    • Jessemyne
      Completely agree. This is so rubbish. They arent even on the same league
      2022-07-22
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    • Manjab
      Precisely.. Who even uses snap these days. Just a reason for a dell off
      2022-07-22
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  • Maverick75
    ·2022-07-22
    Noted
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  • Pepermintpat
    ·2022-07-22
    Sqqq coming up?
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  • JoelLee
    ·2022-07-22
    Bznxm k be gf z
    Reply
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