Earnings Update: Snap Surges while DoorDash and Duolingo Fall

Reported about 19 hours ago

The earnings season continues with Snap's stock climbing over 22% after exceeding revenue expectations and announcing a partnership with Perplexity AI. In contrast, DoorDash and Duolingo faced declines, with DoorDash's stock dropping 19% following profit miss indications, and Duolingo's stock plunging due to a weaker bookings forecast. Overall, the S&P 500 reports a positive earnings growth outlook for the third quarter despite a slight deceleration.

Source: YAHOO

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