'We are not satisfied with the results.' Snap stock tanks 25% after another disappointing quarter
CNN
Snap's rough year continues.
Shares of Snapchat's parent company tanked more than 25% in after-hours trading Thursday after it posted even worse sales growth results for the three months ended in June than it had expected.
Snap (SNAP) last month warned investors that the economy had worsened faster than it expected, and said its revenue growth would likely be at the low end of its previous guidance, or around 20%. On Thursday, the company said revenue grew just 13% to $1.1 billion during the quarter.
A provocative new work from the artist behind that duct-taped banana tackles gun violence in America
The Italian artist Maurizio Cattelan shines a light on gun violence and the divisions in US society in a new installation, “Sunday,” at Gagosian in New York City.
One Florida abortion clinic confronts a new six-week ban with a last-minute push and long-term plans
On Tuesday afternoon, Mikenzie Buchanan scooped up an armful of clipboards piled behind the front desk at A Woman’s Choice, an abortion clinic here; it was almost too many to hold. On each clipboard, behind a blue cover to protect personal information, were documents and charts for patients who had visited the clinic to receive a medication abortion that day.