On July 29, Snap Inc rose 5.32% in regular trading, trading at $4.75 per share, with turnover of $88.80 million.

On the news front, Snap Inc is scheduled to report second-quarter earnings on August 3. Market consensus expects quarterly revenue of approximately $1.541 billion, representing 14.37% year-over-year growth, with adjusted EPS of $0.08, a more than 510% year-over-year improvement. EBIT is expected to improve approximately 46% year-over-year. The company previously announced a workforce reduction of approximately 16%, or roughly 1,000 employees, and plans to reduce its annual cost base by more than $500 million in the second half of the year, significantly bolstering profit margin recovery expectations.

Additionally, the Interactive Media sector broadly strengthened on the same session, with Alphabet rising 2.24%, Pinterest up 3.72%, and Meta Platforms gaining 0.59%, creating positive sector-wide momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)