Social network Snapchat (NYSE: SNAP) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.7% year on year to $1.34 billion. Its GAAP loss of $0.16 per share was in line with analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Stocks slipped Tuesday as fresh economic data reignited stagflation fears on Wall Street, overshadowing a blowout quarter from Palantir Technologies Inc.
Shares of social network Snapchat (NYSE: SNAP)
jumped 3.1% in the afternoon session after a broad rally in the technology sector, sparked by blockbuster earnings from giants Meta and Microsoft. The technology sector rallied after market giants Meta and Microsoft reported blowout quarterly results, signaling that their massive investments in artificial intelligence paid off. Both companies far exceeded Wall Street's expectations, with Meta's revenue jumping thanks to AI-fueled growth in its advertising business. The powerful results from these two behemoths created a wave of positive sentiment that lifted other internet and technology stocks, as investors anticipated continued growth and innovation in the AI space.
A number of stocks jumped in the afternoon session after markets rebounded following a sharp sell-off in the previous trading session as a weaker-than-expected U.S. jobs report fueled speculation that the Federal Reserve will cut interest rates in September. The July Nonfarm Payrolls (NFP) report revealed a significant slowdown in the labor market, with the economy adding only 73,000 jobs, well below the anticipated 110,000. Furthermore, data for May and June was revised downwards, indicating 250,000 fewer jobs were created than initially reported. This weaker economic data has led investors to increase their bets on a potential interest rate cut by the Federal Reserve. According to the CME FedWatch Tool, the probability of a rate cut in September has surged to over 80%. Lower interest rates are generally seen as a positive for growth-oriented stocks, as they can boost economic activity and increase the present value of future earnings, fueling broad-based rallies in sectors like technology.
Australia has reversed course and added YouTube to its under-16 social media ban, citing child safety concerns and aligning it with platforms like TikTok, Facebook and Instagram.
Stocks under $10 pique our interest because they have room to grow (as well as the most affordable option contract premiums).
That doesn’t mean they’re bargains though, and we urge investors to be careful as many have risky business models.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Shares of social network Snapchat (NYSE: SNAP)
jumped 4.4% in the afternoon session after an analyst at Bernstein raised the firm's price target on the stock.
A number of stocks jumped in the afternoon session after the second quarter (2025) earnings season got off to a strong start. Quarterly earnings reports released during the week exceeded Wall Street's expectations, fueling investor confidence. Around 50 S&P 500 components reported, with 88% of those exceeding analysts' expectations, FactSet data revealed.
Investors were also encouraged by several positive reports that painted a picture of a resilient consumer. One key report revealed that shoppers increased their spending at U.S. retailers more than economists had anticipated. Precisely, retail sales increased 0.6% from May, surpassing the 0.2% estimate. This robust consumer spending is a crucial pillar supporting the economy.
Shares of social network Snapchat (NYSE: SNAP)
jumped 4.3% in the afternoon session after the company received a vote of confidence from investment firm Citizens JMP, which reiterated its "Market Outperform" rating and a $12.00 price target on the stock.
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
