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The company's operations might change fundamentally after its big defeat in court, a group of pundits believe.

A fresh move by an analyst following the stock didn't do it any favors.

The announcement comes amid a challenging period for the Snapchat owner, as it contends with major social media players such as Instagram parent Meta Platforms and Bytedance's TikTok for advertising revenue. At the start of August, Snap projected a weak forecast for the current quarter, citing a decrease in advertising spend and is now expected to report fiscal 2024 revenue of $5.34 billion, according to LSEG data. Snap's stock has fallen around 48% so far this year.

– Japan stocks were higher after the close on Monday, as gains in the Shipbuilding, Power and Manufacturing sectors led shares higher.

– Australia stocks were higher after the close on Monday, as gains in the Financials, Energy and Industrials sectors led shares higher.

NVIDIA is no startup and being disappointed in a 122% increase to $30bn is flat-out irrational.

(Bloomberg) -- Asian shares edged lower after ratcheting up four months of gains, as China’s efforts to support its ailing economy showed no signs of taking hold.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsA gauge of the region’s stocks fell, marking the first day of trad

(Bloomberg) -- Swiss fragrance and flavor group Givaudan SA is considering entering the pet food market, potentially via acquisitions, in a bid to take advantage of a fast-growing sector. Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle Complaints“People spend more money on pets than ki

Growth investors have their eyes on this expanding coffee shop chain.

Federal Reserve Chair Jerome Powell just suggested interest rate cuts could be on the horizon.