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Snap (SNAP) Offers YouTube Video Sharing Through Sticker
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Snap (SNAP - Free Report) announced a new feature that enables its users to share YouTube video links through the Snapchat Camera platform. This integration makes chatting easier for the users as they can now visually share clips and videos while having a chat with their friends on Snapchat.
Snapchat users can share YouTube links through Snapchat stories or one-on-one Snaps. The new feature can be accessed even when the Snapchat Camera and full suite of Snapchat Creative Tools are in use.
Snapchat users will be able to directly access the video within the YouTube app or any other mobile browser with just a tap on the YouTube stickers available in the Snapchat app.
Snap has been benefiting from improving user engagement, particularly in the 13-34-year-old demography, which is expanding its advertiser base. The company, like other tech companies, has gradually transitioned from being just a social media platform by introducing augmented reality ("AR"). Snap’s AR technology is explicitly targeted at global content creators to help revolutionize the way digital content is created and explored. It is available across Snapchat, Snap Camera and Snap’s latest development, Snap Spectacles.
The company’s Snap Spectacles allow creators to bring augmented reality into real life. However, the product is not for sale, and Snap is collaborating with creators to create unique content utilizing Snap Spectacles at present.
Recently, the company acquired a neurotech company, NextMind, a Paris-based startup that develops non-invasive brain-computer interface technology using electronic devices. This is likely to help Snap realize its long-term augmented reality ("AR") goals within Snap Lab; a hardware team focused on building devices to develop the company’s augmented reality platform.
Currently, there are 2.5 million lenses available across Snap’s various platforms, 250 thousand lens creators and a whopping 3.5 trillion views of content created by the creator community. The company’s unique offering has helped the brand become the most preferred social networking medium despite competition from Meta Platforms’ Instagram.
Zacks Rank & Other Key Picks
Snap currently carries a Zacks Rank #3 (Hold). Shares of SNAP have fallen 30.9% in the past year.
The Zacks Consensus Estimate for Advanced Micro Devices’ first-quarter fiscal 2022 earnings has been revised upward by 23 cents to 91 cents per share over the past 60 days. For fiscal 2022, Advanced Micro Devices’ earnings estimates have moved north by 70 cents to $3.99 per share in the past 60 days.
AMD’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 17%. Shares of Advanced Micro Devices have surged 32.9% in the past year.
The Zacks Consensus Estimate for Axcelis’ first-quarter 2022 earnings has been revised upward by 5 cents to 92 cents per share over the past 60 days. For 2022, Axcelis’ earnings estimates have moved north by 12.4% to $3.99 per share in the past 60 days.
Axcelis’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 30.3%. Shares of ACLS have surged 45.1% in the past year.
The Zacks Consensus Estimate for Analog Devices’ second-quarter fiscal 2022 earnings has been revised upward by 23 cents to $2.08 per share over the past 60 days. For fiscal 2022, earnings estimates have moved north by 79 cents to $8.32 per share in the past 60 days.
Analog Devices’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 6%. Shares of ADI have climbed 1.2% in the past year.
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Snap (SNAP) Offers YouTube Video Sharing Through Sticker
Snap (SNAP - Free Report) announced a new feature that enables its users to share YouTube video links through the Snapchat Camera platform. This integration makes chatting easier for the users as they can now visually share clips and videos while having a chat with their friends on Snapchat.
Snapchat users can share YouTube links through Snapchat stories or one-on-one Snaps. The new feature can be accessed even when the Snapchat Camera and full suite of Snapchat Creative Tools are in use.
Snapchat users will be able to directly access the video within the YouTube app or any other mobile browser with just a tap on the YouTube stickers available in the Snapchat app.
Snap has been benefiting from improving user engagement, particularly in the 13-34-year-old demography, which is expanding its advertiser base. The company, like other tech companies, has gradually transitioned from being just a social media platform by introducing augmented reality ("AR"). Snap’s AR technology is explicitly targeted at global content creators to help revolutionize the way digital content is created and explored. It is available across Snapchat, Snap Camera and Snap’s latest development, Snap Spectacles.
Snap Inc. Price and Consensus
Snap Inc. price-consensus-chart | Snap Inc. Quote
The company’s Snap Spectacles allow creators to bring augmented reality into real life. However, the product is not for sale, and Snap is collaborating with creators to create unique content utilizing Snap Spectacles at present.
Recently, the company acquired a neurotech company, NextMind, a Paris-based startup that develops non-invasive brain-computer interface technology using electronic devices. This is likely to help Snap realize its long-term augmented reality ("AR") goals within Snap Lab; a hardware team focused on building devices to develop the company’s augmented reality platform.
Currently, there are 2.5 million lenses available across Snap’s various platforms, 250 thousand lens creators and a whopping 3.5 trillion views of content created by the creator community. The company’s unique offering has helped the brand become the most preferred social networking medium despite competition from Meta Platforms’ Instagram.
Zacks Rank & Other Key Picks
Snap currently carries a Zacks Rank #3 (Hold). Shares of SNAP have fallen 30.9% in the past year.
Some better-ranked stocks from the broader computer and technology sector are Advanced Micro Devices (AMD - Free Report) , sporting a Zacks Rank #1 (Strong Buy), Axcelis Technologies (ACLS - Free Report) and Analog Devices (ADI - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Advanced Micro Devices’ first-quarter fiscal 2022 earnings has been revised upward by 23 cents to 91 cents per share over the past 60 days. For fiscal 2022, Advanced Micro Devices’ earnings estimates have moved north by 70 cents to $3.99 per share in the past 60 days.
AMD’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 17%. Shares of Advanced Micro Devices have surged 32.9% in the past year.
The Zacks Consensus Estimate for Axcelis’ first-quarter 2022 earnings has been revised upward by 5 cents to 92 cents per share over the past 60 days. For 2022, Axcelis’ earnings estimates have moved north by 12.4% to $3.99 per share in the past 60 days.
Axcelis’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 30.3%. Shares of ACLS have surged 45.1% in the past year.
The Zacks Consensus Estimate for Analog Devices’ second-quarter fiscal 2022 earnings has been revised upward by 23 cents to $2.08 per share over the past 60 days. For fiscal 2022, earnings estimates have moved north by 79 cents to $8.32 per share in the past 60 days.
Analog Devices’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 6%. Shares of ADI have climbed 1.2% in the past year.