
Nasdaq and Snap Inc. reported strong financial performances in their first-quarter earnings. Nasdaq's revenue exceeded estimates due to robust demand for its financial technology products, which are extensively utilized by traders and investors. On the same day, Snap Inc. surpassed Wall Street's expectations for quarterly revenue and user growth, attributed to significant improvements in its advertising system. Snap also projected a revenue increase of up to 18% for the current quarter, signaling confidence in the sustained impact of its advertising overhaul. Additionally, Snap's daily active users reached 422 million, contributing to a surge in its stock price.
Snapchat parent company sees shares surge as improved ad system pays off https://t.co/QybTfjsHTg
Snap Stock Soars On Strong Q1 Revenue & Outlook As Daily Active Users Hit 422 Million https://t.co/N5Yetq0h94
⚠️ SNAP BEATS FIRST-QUARTER EXPECTATIONS WITH AD PLATFORM IMPROVEMENTS Full Story → https://t.co/QFLA1Asjyv Snap beat Wall Street's expectations for quarterly revenue and user growth on Thursday, as improvements to its advertising system delivered results faster than… https://t.co/rL53XVFnU8


