Latest Snap Inc News

Alphabet, Snap rise; Intel, Boyd Gaming fall, Friday, 4/26/2024

Apr. 26, 2024 16:26 PM EDT

Stocks that traded heavily or had substantial price changes on Friday: Microsoft Corp., up $7.28 to $406.32. The software maker's fiscal third-quarter financial results beat analysts' forecasts. Alphabet Inc., up $15.95 to $171.95. ...

Snap: Q1 Earnings Snapshot

Apr. 25, 2024 16:49 PM EDT

SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Snap Inc. (SNAP) on Thursday reported a loss of $305.1 million in its first quarter. The Santa Monica, California-based company said it had a loss of 19 cents per share. Earnings, adjusted for one-time gains and costs, were...

US applications for jobless claims fall to lowest level in 9 weeks

Apr. 25, 2024 08:53 AM EDT

Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation. The Labor Department reported Thursday that unemployment claims for the week ending April 20...

The number of Americans applying for jobless benefits holds steady as labor market remains strong

Apr. 18, 2024 09:21 AM EDT

The number of Americans filing for jobless benefits didn't change last week as the labor market continues to defy efforts by the Federal Reserve to cool hiring. The Labor Department reported Thursday that unemployment claims for the week ending April 13 were unchanged from the...

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates

Apr. 11, 2024 14:33 PM EDT

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool it. The Labor Department reported Thursday that filings for unemployment claims for the week ending April 6 fell by 11,000...

Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts

Apr. 05, 2024 06:45 AM EDT

Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices on March 28 that they were losing their jobs, with...