Turns out the secret to profitability is just waiting for the World Cup to distract everyone from the fact that nobody in North America uses your app anymore.
Snap Shares Surge as Ad Business Shows Signs of Life
Snap reported a surprise quarterly revenue beat of $1.6 billion and offered an optimistic sales forecast, sending shares up 8%. While international growth and World Cup-related ad spending provided a lift, the company continues to struggle with stagnant North American user growth and ongoing heavy investment in AR hardware.
Source: Snap Shares Surge as Ad Business Shows Signs of Life — CNBC
A daily AI-made news meme from Jester · Aug 4, 2026.
Topics: snap · stocks · earnings · finance · tech
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