{"id":65368,"date":"2024-10-30T14:06:37","date_gmt":"2024-10-30T14:06:37","guid":{"rendered":"https:\/\/hub.onequity.com\/?p=4511"},"modified":"2024-10-30T14:06:37","modified_gmt":"2024-10-30T14:06:37","slug":"todays-stocks-to-watch-alphabet-reddit-and-snap","status":"publish","type":"post","link":"https:\/\/insights.onequity.com\/es\/todays-stocks-to-watch-alphabet-reddit-and-snap\/","title":{"rendered":"Today&#8217;s Stocks to Watch: Alphabet, Reddit, and Snap"},"content":{"rendered":"\n<p><em>Key points:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Alphabet reports revenue surge driven by artificial intelligence; shares rise<\/li>\n\n\n\n<li>Reddit posts its first quarterly profit; stock soars<\/li>\n\n\n\n<li>Snap sees growth in AI-assisted advertising; shares climb<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Alphabet Gains from AI Expansion (GOOGL)<\/strong><\/h2>\n\n\n\n<p>Alphabet, Google\u2019s parent company, reported a 15% revenue growth last quarter, with AI fueling substantial growth in its cloud computing segment. Shares rose by over 6% in pre-market trading.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>AMD Declines on Lower Revenue Outlook (AMD)<\/strong><\/h2>\n\n\n\n<p>Advanced Micro Devices saw its shares drop by 8% in pre-market trading after its quarterly revenue forecast came in slightly below expectations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Reddit\u2019s First Quarterly Profit Drives Gains (RDDT)<\/strong><\/h2>\n\n\n\n<p>Reddit announced its first quarterly profit since going public, with revenue boosted by higher ad sales and data licensing. Shares surged over 20% before the market opened.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Trump Media Extends Volatile Streak (DJT)<\/strong><\/h2>\n\n\n\n<p>Trump Media, the parent company of Truth Social, saw its shares drop by 5% in pre-market trading, continuing a volatile pattern. Trading was halted several times on Tuesday after the stock soared amid speculation on Trump\u2019s potential election win.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Snap Increases Revenue with AI-Driven Ads (SNAP)<\/strong><\/h2>\n\n\n\n<p>Snap reported a 15% increase in quarterly revenue, slightly surpassing forecasts, with AI playing a key role in boosting ad sales. Shares climbed by 10% in pre-market trading.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Visa Beats Expectations, Plans Workforce Reductions (V)<\/strong><\/h2>\n\n\n\n<p>Visa posted higher-than-expected revenue and earnings, pushing shares up in pre-market trading. The Wall Street Journal reported that Visa plans to cut around 1,400 employees and contractors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Chipotle Falls on Disappointing Sales Growth (CMG)<\/strong><\/h2>\n\n\n\n<p>Chipotle reported quarterly sales growth that fell short of analyst expectations, leading to a drop of more than 4% in its stock price before the close.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>UBS Outperforms Following Credit Suisse Integration (UBS)<\/strong><\/h2>\n\n\n\n<p>UBS saw shares rise nearly 2% in Zurich after its quarterly report exceeded forecasts, supported by increased activity in trading and mergers, as well as lower costs related to the Credit Suisse integration.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Chewy Declines as Prominent Investor Exits (CHWY)<\/strong><\/h2>\n\n\n\n<p>Chewy shares fell after meme stock icon Keith Gill, known as \u00abRoaring Kitty,\u00bb disclosed in a securities filing that he no longer holds a stake in the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key points: Alphabet Gains from AI Expansion (GOOGL) Alphabet, Google\u2019s parent company, reported a 15% revenue growth last quarter, with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[633],"tags":[695,705],"class_list":["post-65368","post","type-post","status-publish","format-standard","hentry","category-stocks","tag-stock-market","tag-stocks-today"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Today&#039;s Stocks to Watch: Alphabet, Reddit, and Snap - OnEquity<\/title>\n<meta name=\"description\" content=\"Today&#039;s top stocks: Alphabet rises with AI gains, Reddit posts first profit, and Snap grows with AI-driven ads. 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