Snap stock in free fall after devastating Q3 earnings miss

Oof

Lol look at yours too, its worrying me about fb earnings😬 Both snap and fb are my top 5 holdings

Apple is tightening the screws on other ad based properties which surprise surprise benefit their own ad network.

If you look at the new apple ad network, it looks complex as hell. https://businesshelp.snapchat.com/s/article/skadnetwork?language=en_US Snap’s complaining that it hasn’t scaled well so far. It’ll probably take a while to adjust to it. Luckily google won’t be affected as much because what else aside from search (which is still default engine) will iOS uses use?

Safe to say this is the beginning of the end for Snap. Nobody is using their app and nobody believes that they are a "camera company". Advertisers are fleeing their platform like the building is on fire. If you work at Snap, please consider urgently applying for jobs at other companies.