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Snap Stock Jumps 3%+ to $4.98 as Qualcomm Specs Deal Sparks AR Hopes Amid Earnings Jitters
NEW YORK — Snap Inc. shares climbed Monday to $4.98, up 16 cents or 3.42%, as the Snapchat parent company drew fresh investor interest from a deepened partnership with Qualcomm Technologies to power future generations of its augmented reality Specs, even as the stock trades near multi-year lows ahead of first-quarter earnings.

The Santa Monica, California-based social media company, which has struggled with profitability and user growth pressures in a competitive landscape dominated by Meta Platforms and TikTok, saw its shares react positively to the April 10 announcement of a multi-year strategic agreement. The deal brings Qualcomm’s Snapdragon XR system-on-chip solutions to upcoming Specs, aiming to deliver more intelligent computing experiences and strengthen the platform for developers and users.
Snap has positioned Specs — its AR smart glasses — as a cornerstone of its long-term strategy to move beyond ephemeral messaging into immersive hardware. The company first teased lightweight, immersive Specs for a 2026 launch, and the Qualcomm collaboration is expected to accelerate that roadmap with advanced processing power for on-device AI and richer AR interactions.
The stock’s modest rebound comes after a brutal start to 2026, with shares down more than 40% year-to-date and trading well below the 52-week high near $10.41. Market capitalization stands around $8.1 billion, reflecting ongoing skepticism about Snap’s ability to scale revenue while navigating regulatory scrutiny, activist investor pressure and slowing daily active user growth.
Snap is scheduled to report first-quarter 2026 results around April 28, with Wall Street expecting revenue of approximately $1.52 billion at the midpoint and a continued narrow adjusted EBITDA profit. For the full year, management has guided toward revenue growth in the mid-to-high single digits while targeting gross margins above 60% and disciplined operating expenses around $3 billion.
In the fourth quarter of 2025, Snap posted revenue of $1.72 billion, up 10% year-over-year, driven by strength in advertising and its Snapchat+ subscription service. The company generated a small GAAP net profit of $45 million, a marked improvement from prior periods, helped by operating leverage and high-margin revenue streams. Gross margin reached 59%, up sequentially.
Daily active users stood at 474 million in Q4 2025, down 3 million sequentially but still reflecting broader engagement among younger audiences. Monthly active users reached 946 million globally, up 6% year-over-year. Snapchat+ subscribers grew 71% to more than 24-25 million, providing a growing recurring revenue base with attractive margins.
Average revenue per user climbed to $3.62 in the quarter, with significant regional disparities: North America generated roughly $9.78 per user while the rest of the world lagged at about $1.15, underscoring Snap’s heavy reliance on U.S. advertisers.
The company has pushed new ad formats, including Total Snap Takeovers, integrated Offers in Snap Ads and dynamic product recommendations, as it seeks to capture more of the advertising funnel from awareness to conversion. Health and pharmaceutical advertising has emerged as a potential growth area, though investors have shown caution over its durability.
Regulatory and safety concerns continue to weigh on sentiment. Snap faces an EU probe into compliance with child protection rules, part of broader scrutiny on social media platforms regarding grooming and underage access. Similar pressures in the U.S. and other markets have raised compliance costs and potential legal risks.
Activist investor Irenic Capital disclosed a stake earlier in 2026 and argued Snap could be worth at least $26 per share with operational changes, including potential strategic alternatives. Management has signaled it is unlikely to pursue major shifts, emphasizing its focus on standalone execution under CEO Evan Spiegel. Wells Fargo analysts noted the company is unlikely to support activist recommendations.
On the product side, Snap continues to invest in AI features, including AI Clips in Lens Studio that turn photos into short videos, and deeper integration with partners like Perplexity for conversational search within Snapchat. The platform generated nearly 2 trillion Snaps in 2025 alone — roughly 63,000 per second — highlighting its cultural stickiness among Gen Z users.
Analyst views remain mixed, with a consensus “Hold” rating across roughly 29-35 firms. The average 12-month price target sits around $8, implying substantial upside from current levels, though targets range widely from as low as $4 to highs near $15. Wells Fargo recently lowered its target to $6 from $8 while maintaining Equal Weight, citing advertising budget concerns. Roth Capital has called the stock a positive tactical trade idea.
Snap’s balance sheet includes a $500 million stock repurchase authorization announced with Q4 results, providing some support for the shares. The company maintains significant cash reserves and has emphasized free cash flow generation as it seeks to turn consistent profitability.
Broader challenges include competition for teen attention, macroeconomic softness in digital ad spending and the high costs of scaling AR hardware ambitions. Speculation around a potential spin-off of the Specs business has surfaced in activist discussions but remains unconfirmed.
CEO Evan Spiegel has described his work schedule as “completely insane” while trying to protect Sundays for family time, underscoring the intense demands of steering the company through a turbulent period for social media.
Looking ahead, investors will scrutinize Q1 user metrics, ARPU trends, Snapchat+ subscriber momentum and any updates on the Specs timeline. Success in diversifying revenue beyond traditional ads — through subscriptions, creator tools and eventual hardware — could help re-rate the stock, but near-term execution risks remain elevated.
The Qualcomm deal provides a tangible boost to Snap’s AR narrative, positioning Specs as a potential differentiator in a market where Meta’s Ray-Ban smart glasses have gained traction. If Snap can deliver compelling consumer hardware in 2026 while stabilizing its core app, it may begin to close the valuation gap with larger peers.
For now, with shares hovering near $5 and earnings on the horizon, Snap remains a high-beta name that swings on product announcements, regulatory headlines and shifting advertising sentiment. The company’s path to sustainable profitability and renewed growth will hinge on monetizing its engaged young user base more effectively while navigating an increasingly scrutinized social media environment.
Monday’s gain, while modest, reflects hope that hardware innovation and diversified revenue can eventually outweigh the current pressures facing one of the original social media disruptors.
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How small businesses could save thousands on fuel as gas prices rise: expert
President Donald Trump sits down with FOX Business’ Maria Bartiromo to discuss escalating Middle East tensions, his warning to Iran on nuclear weapons and why he believes gas prices will drop ahead of the midterms.
High gas prices continue to squeeze small businesses across the U.S., but cutting one costly habit could help owners save significantly.
New data from Ford Pro, the commercial vehicle division of Ford Motor Company, shows that unnecessary idling — leaving a car running while parked — can cost fleet operators thousands of dollars each year, cutting directly into margins at a time when fuel prices remain high.
According to the U.S. Department of Energy, the average fleet vehicle idles between one and two hours per day, burning up to two gallons of fuel daily per vehicle. With gas prices rising, those costs can add up quickly.
As of Sunday, the national average price for unleaded gas stood at $4.04, up from $3.88 just a month ago, according to AAA.
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Ford Motor Co. F-150 pickup trucks are displayed at a car dealership in Orland Park, Illinois, on Sept. 27, 2019. (Daniel Acker/Bloomberg via Getty Images / Getty Images)
“You can burn up one to two gallons of gas just doing that,” Matt Krukin, who leads software and digital growth for Ford Pro, told FOX Business. “So if that happens per day… that’s $8 a day that’s idling.”
For businesses operating multiple vehicles, the impact can be substantial. A 20-vehicle fleet idling for two hours a day could waste more than $160 in fuel every day, according to Ford Pro.
Excessive idling is particularly common in North America, where about 29% of fleet vehicles idle unnecessarily, compared to just 10% in Europe, Krukin noted.
To help address the issue, Ford Pro is investing in software and data-driven tools.
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A person pumps gas into a car. (Sean Gallup/Getty Images / Getty Images)
Its newly launched artificial intelligence (AI) assistant allows fleet managers to monitor vehicle behavior in real time, identify inefficiencies and coach drivers to adopt more fuel-efficient habits.
Ford Pro says customers using these tools have seen measurable improvements, including a 52% reduction in idling.
While reducing idling is one of the simplest ways to cut costs, other driving behaviors — such as aggressive acceleration, rapid braking, and speeding — can also increase fuel consumption and wear on vehicles, according to Krukin.
The system can even limit acceleration, while in-cab alerts provide real-time feedback.
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Cars are seen driving on the highway. (Jonas Walzberg/picture alliance via Getty Images / Getty Images)
“It’s like the fleet manager’s right next to them to coach them along the way,” Krukin said.
Users have also seen a 25% drop in speeding, a 16% decrease in hard braking and an 11% reduction in harsh acceleration, according to Ford Pro.
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“We’re not just recommending solutions for the heck of it,” Krukin said. “… At the end of the day, it’s really about bringing it all together, so that these fleets actually get a pleasurable experience with the tools and technology coming together.”
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World Bank Highlights AI Boom as a Bright Spot Amid Slowing Growth in East Asia and the Pacific
Growth across East Asia and the Pacific is losing momentum this year, weighed down by an energy shock, rising trade barriers, and persistent domestic vulnerabilities, but a surge in artificial intelligence-related trade and investment is offering a rare point of optimism, according to the World Bank’s latest regional economic report.
Key takeaways
- AI-related exports and investment surged across East Asia and the Pacific in 2025, with Malaysia, Thailand, and Viet Nam leading the way.
- Regional growth is forecast to slow to 4.2% in 2026, pressured by the Middle East energy shock, trade barriers, and weak domestic demand.
- Closing gaps in connectivity and skills is essential for the region to fully capture the productivity benefits of AI.
Regional growth is projected to slow to 4.2% in 2026, down from 5.0% in 2025, as the energy shock stemming from the Middle East conflict compounds the adverse impact of elevated trade barriers, global policy uncertainty, and domestic economic difficulties.
China, the region’s largest economy, is expected to decelerate from 5.0% growth in 2025 to 4.2% in 2026 and 4.3% in 2027, as weak domestic demand and property sector challenges persist and the global slowdown weighs on exports. The rest of the region is forecast to slow to 4.1% in 2026 before rebounding to 5.0% in 2027 as geopolitical tensions ease.
Against that difficult backdrop, the World Bank’s East Asia and Pacific Economic Update: Industrial Policy in the Digital Age identifies AI as a meaningful bright spot. The report highlights surging AI-related exports and investment in 2025, particularly in Malaysia, Thailand, and Viet Nam, as a notable positive development for the region.
Yet the Bank cautions that the full benefits of AI remain out of reach for much of the region. Adoption is constrained by gaps in connectivity and skills, with only 13 to 17% of multinational subsidiaries in China and Thailand currently using AI, roughly one third of the proportion seen in industrialised countries.
The report also examines how rising energy costs could deepen hardship for ordinary households. A sustained 50% increase in fuel prices could result in a 3 to 4% loss in income for households across the region, with the poor and small and medium enterprises identified as the most vulnerable.
On a longer-term strategy, the update argues that industrial policy, if carefully designed, can help unlock productivity gains. Targeted support for specific industries in the Republic of Korea, Malaysia, and, more recently, Viet Nam proved effective in part because those countries had strengthened their economic foundations, including infrastructure, education, and regulatory institutions, and had liberalised trade and investment. The Bank warns that similar efforts elsewhere have delivered weaker results where those foundations remain fragile.
World Bank Vice President for East Asia and the Pacific Carlos Felipe Jaramillo noted that while the region continues to outperform much of the world, sustaining growth will require confronting structural challenges and seizing the opportunities of the digital age to increase productivity and create more jobs.
World Bank Group Director of Research Aaditya Mattoo cautioned that present difficulties could increase economic distress and inhibit productivity growth, adding that measured support for people and firms could preserve jobs today while reviving stalled structural reforms could unleash growth tomorrow.
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S&P 500: I Sold Too Early, What Now? (Technical Analysis) (SP500)
Andrew McElroy is Chief Analyst at Matrixtrade, author of the ebook ‘Fractal Market Mastery’ and producer of the ‘Daily Edge.’ The ‘Daily Edge’ is emailed before each US session and outlines actionable ideas, directional bias, and important levels in the S&P500. It also looks at ‘What’s Hot,’ on any particular day, whether it is commodities, stocks, crypto, or forex. Andrew has developed a top-down proprietary system that starts with his weekend Seeking Alpha article focusing on the higher timeframes. Fractals, Elliott Wave, and Demark exhaustion signals are all incorporated, as are macro drivers and analysis of the market narrative. It is much more than just a few lines on a chart – it is a system developed over 15 years and proven to deliver a consistent edge. An independent trader since 2009, Andrew manages a family portfolio of stocks and ETFs with his wife and fellow Seeking Alpha contributor Macrogirl.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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ServiceNow Q1 Preview: Earnings Growth It Needs Is Too High To Justify A Buy (NYSE:NOW)
I aim to provide alpha-generating investment ideas. I am an independent investor managing my family’s portfolio, primarily via a Self Managed Super Fund. My articles deliver 5-Minute Pitches focused on the core fundamental and technical drivers of the security.I have a generalist approach as I explore, analyze and invest in any sector so long there is perceived alpha potential vs the S&P500. The typical holding period ranges between a few months to multiple years.I am very much focused on adding value via alpha generation. I always start with a Performance Assessment section for each follow-up article. I publish unusually detailed analytics on my long-only, zero-leverage global equity portfolio performance on my Hunting Alphas website every month. At Hunting Alphas, you can also access the models to all the tickers I publish on.A bit about how I approach research and coverage of a stock:I build and maintain spreadsheets showing historical data on the financials, key metric disclosures, data on the guidance and surprise trends vs consensus estimates, time-series values of the valuations vs peers, data on key coincident or leading indicators of performance and other monitorables. In addition to the company’s filings, I also keep tabs on relevant industry news and reports plus other people’s coverage of the stock. In some cases, such as during times of a CEO change, I will do a deep dive on a key leader’s background and his/her past performance record.I very rarely build DCFs and project financials many years out into the future as I don’t think it adds much value. Instead, I find it more useful to assess how a company has delivered and the broad outlook on the 5 key drivers of a DCF valuation: revenues, costs and margins, cash flow conversion, capex and investments and the interest rates (which affect the discount rate/opportunity cost of capital). In some cases, especially for companies trading at very high multiples on a TTM or 1-yr fwd basis, I do a reverse DCF to make sense of the implied growth CAGR implications.Note: Hunting Alphas is related to VishValue Research on Seeking Alpha.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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