Snap Token (SNAP) news

Snap Shareholder Blue Duck Urges Board to Raise External Capital to Fund Specs Development

10:38 AM EDT, 10/06/2026 (MT Newswires) -- Snap (SNAP) shareholder Blue Duck Capital on Tuesday urged the company to raise external capital for its Specs smart glasses from venture capitalists or a strategic partner. In an open letter to the Snap board, Blue Duck said that such a move could lead to a re-rating that could more than double the company's share price to the $12-to-$14 range The move would remove an estimated $500 million in annual Specs spending from the company's core business and free up cash flow, the investment manager said. Snap did not immediately respond to MT Newswires' request for comment. Snap shares were 1.5% higher in Tuesday trading. Price: 5.65, Change: +0.04, Percent Change: +0.66

Blue Duck Believes That Doing So Would Unlock Potential Re-Rating That Could More Than Double SNAP's Shr Price to $12-14

Blue Duck Believes That Doing So Would Unlock Potential Re-Rating That Could More Than Double SNAP's Shr Price to $12-14

Blue Duck Capital Issued an Open Letter to the SNAP Bd of Directors

Blue Duck Capital Issued an Open Letter to the SNAP Bd of Directors

Pinterest Hires Amazon Executive as New Finance Chief

06:59 AM EDT, 10/06/2026 (MT Newswires) -- Pinterest (PINS) has appointed Amazon.com (AMZN) finance executive James Dibbo as its new chief financial officer. Dibbo will succeed Julia Donnelly as Pinterest's CFO, effective Oct. 26, the company said late Monday. Donnelly, who resigned as CFO in August, will remain with Pinterest in an advisory capacity through Oct. 30. Dibbo joins the company from Amazon, where he most recently served as CFO of global entertainment, advertising and corporate development. He oversaw finance for businesses including Amazon Ads, Prime Video and Amazon MGM Studios, according to Pinterest. "James has led complex global businesses at scale, helped build high-performing teams and understands the intersection of consumer experience, shopping, advertising and technology," Pinterest Chief Executive Bill Ready said in a statement. "As we continue to make Pinterest more actionable for our users and more valuable for advertisers, James will be an outstanding partner to our leadership team and board." Pinterest shares edged up 0.3% in Tuesday's most recent premarket activity, after closing the previous trading session up 4.2%. "I am excited to join Bill, the board and the team to build on the company's momentum, invest thoughtfully for the future and create long-term value for shareholders," according to Dibbo. In an emailed client note on Tuesday, Wedbush Securities said it doesn't expect Dibbo's appointment to have an impact on Pinterest's third-quarter results or short-term guidance. "We see an external hire with deep ad-business operating experience as a constructive choice, though look for more evidence as he takes over the reigns," according to the brokerage. Wedbush maintained its neutral rating on the company's stock with a price target of $24. In August, Pinterest reported second-quarter results above Wall Street's estimates. At the time, the company said it expected revenue between $1.19 billion and $1.21 billion for the third quarter, while the current FactSet consensus is $1.21 billi

Snap (SNAP.US) shares fall to over one-month lows: SPECS criticized, Meta's low-price matrix besieges, Musk shows Grok Bot growth intensifying AI FOMO

Snap closed down nearly 6% on Wednesday, marking its lowest closing price in more than a month and recording its second consecutive day of decline.

Snap (SNAP.US) shares drop to a monthly low: SPECS criticized, Meta's low-price matrix encircles, Musk showcases Grok Bot growth intensifying AI FOMO

Market divergence and valuation dislocation: Is the North American internet sector's "cheapness" just an illusion?

If stock-based compensation (SBC) is considered a cash expense, the true valuation of the industry is not as cheap as it appears.

Snap files Form 3 as Chief Commercial Officer Ronan Harris reports 6,966,975 Class A shares owned

Update: Snap Unveils SPECS Intelligence, New Partnerships for AR Glasses

Snap Launches SPECS Intelligence AI Service

Bringing in Nvidia, AWS, and Salesforce, Snap (SNAP.US) seeks enterprise buyers for its $2,195 AR glasses

Snap, in collaboration with Nvidia, Amazon Web Services, and Salesforce, has launched its $2,195 Specs AR glasses targeting the enterprise market and is also promoting consumer-level AI services.

Exchange Traded Funds Top 10 Percentage Gainers

Snap Launches Snapchat Plans Feature

Snap Appoints EMEA President Ronan Harris as Chief Commercial Officer

Uniswap Buys PONS Stake, Token Jumps 40% to New All-Time High

Uniswap PONS acquisition: token nets $5.95M in fees, beats pump.fun

Exchange Traded Funds Top 10 Percentage Gainers

Some Snap Leaders Have Raised Concerns With CEO Evan Spiegel About Time Spent on New Smartglasses, Sources Say -- WSJ

California Attorney General: After reaching a settlement with Meta, we engaged in discussions with Snap on related issues and are also very interested in YouTube. We hope these companies will sit down and commit to transformative changes in the future.

Escaping a $1.4 Trillion Fine! Meta Reaches Settlement in Social Media Addiction "Life-or-Death Case," with Maximum Payment of $18 Billion

Meta has denied accusations from 29 US states that it induces addiction in children and teenagers through product design and illegally collects children's data, but has nonetheless agreed to a settlement of up to approximately $18 billion. As part of the settlement, Meta will limit daily usage time for minors, implement mandatory "pause" features and nighttime restrictions, strengthen age verification, parental controls, and harmful content protection, and restrict features such as "likes" and beauty filters that might enhance social comparison, while also accepting independent audit supervision.

Meta (META.US), Google (GOOGL.US), Snap (SNAP.US) escape one crisis? Plaintiffs withdraw addiction lawsuits against key social media platforms, two cases remain pending for October

According to a court document, a teenage plaintiff, once considered a landmark case in social media addiction lawsuits, withdrew her lawsuit against the parent companies of Instagram, Facebook, YouTube, and Snapchat on Thursday local time. The case had originally accused these tech companies of deliberately making teenagers addicted to their products, thereby triggering a mental health crisis.

Meta Just Went to Trial Against 29 States — And Zuckerberg Is Expected to Testify

Meta’s “Life-or-Death Lawsuit” Begins Today: 29 State Attorneys General Join Forces to Hold Them Accountable, Defeat Could Lead to $1.4 Trillion “Sky-High” Fine

The lawsuit alleges that Facebook and Instagram were deliberately designed as "addictive products," causing harm to tens of millions of underage users. Meta has estimated its maximum potential fine exposure at $1.4 trillion, nearly matching its current market capitalization. Mark Zuckerberg will personally testify in court, and the verdict may reshape the entire business model of the social media industry.

Exchange Traded Funds Top 10 Percentage Losers

This year's most exciting AI manifesto comes from the most unpopular person in the tech world

Snap acquires spatial augmented reality technology company Illumix

Snap CEO recently revealed that, according to current forecasting models, daily active users in North America may see a decline of approximately 1 million in the second quarter.

Snap CEO reveals that since the launch of the Memories feature, overall user engagement for Snapchat+ subscription service has shown positive growth

Social platform Snap Inc disclosed that its business was significantly impacted by geopolitical uncertainties in the Middle East during the first quarter of this year.

Social media giant Snap Inc recently announced that the company expects to incur pre-tax restructuring charges of $95 million to $130 million.