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Social media stocks experienced some major volatility throughout second-quarter earnings season. On Thursday, Bank of America analyst Justin Post recapped the second quarter and highlighted which social media platforms were the biggest winners. User Growth: Post said Twitter Inc (NYSE: TWTR)...

Cathie Wood-led Ark Invest on Tuesday shed nearly 12.6% of its stake in Snap Inc (NYSE: SNAP), continuing the investment firm’s months-long selling spree in the Snapchat parent. Ark Invest sold 198,442 shares, estimated to be worth about $14.56 million, in Snap via the Ark Fintech Innovation...

Facebook Inc.’s (NASDAQ: FB) WhatsApp messaging service is launching a new feature this week that will enable users to send disappearing photos and videos on its platform. What Happened: The new “View Once” feature will allow users to send photos and videos that can be viewed only...

Cathie Wood-led Ark Invest on Monday rushed to book profit in Square Inc (NYSE: SQ) as the shares of the company skyrocketed after the second-quarter earnings result and the $29 billion Afterpay acquisition.  The popular money manager’s investment management firm shed 202,094 shares,...

Snap Inc-owned (NYSE: SNAP) social media app Snapchat is seeing a widespread outage, data from Downdetector indicates. What Happened: As many as 125,000 people reported suffering Snapchat outages Thursday evening, as per industry tracker Downdetector. The number of outage reports had come down to...

Indian social media startup ShareChat has raised $145 million in its latest funding round, it said in a statement late Monday, as reported by Reuters. What Happened: The funding round was led by Singapore-government-owned Temasek Holdings and Moore Strategic Ventures and values ShareChat at $2.88...

Last Friday was when the bottom began to fall out. A week later, things feel very different as earnings continue to hold the day. We’re on pace for the S&P 500 Index (SPX) to be up 1% for the week if things don’t head lower today, which is pretty amazing when you consider...

Snapchat parent company Snap Inc. (NYSE: SNAP) said it has made significant progress with its augmented reality platform in the second quarter. It will also add five new games to Snap Games this year. What Happened: Snap CEO Evan Spiegel made the comments during the company’s second-quarter...

Snap Inc’s (NYSE: SNAP) social media platform and Comcast Corporation (NASDAQ: CMCSA) broadcasting subsidiary NBC are pairing up to bring the Olympics to Snapchat. What Happened: Over 70 episodes featuring Olympics content will be produced exclusively for Snapchat by NBC during the Tokyo...

Snap Inc (NYSE: SNAP) said on Monday it is fixing an issue with the latest version of its social-media app Snapchat on Apple Inc’s (NASDAQ: AAPL) App Store. What Happened: The Santa Monica, California-based social-media company in a statement on Twitter said it is working on a fix.  We...

Snap Inc (NYSE: SNAP) is taking down the “speed filter” feature from its social media app Snapchat, as per a report by the NPR that cited a Snap spokeswoman.  What Happened: The feature, which allows users to capture how fast they are moving in a vehicle and share it with...

CNBC's Mad Money anchor Jim Cramer said on Tuesday he now believes Snapchat parent Snap Inc (NYSE: SNAP) is a winner under co-founder and CEO Evan Spiegel. What Happened:  Cramer said on CNBC's "Mad Money Lightning Round" that he was wrong in his judgment when he dubbed...

Cathie Wood-led Ark Investment Management on Monday shed 145,727 shares, worth about $9.26 million, in Snapchat parent Snap Inc (NYSE: SNAP) on the day shares of the social media company fell.  Snap shares closed 0.81% lower at $63.57 on Monday. Wood’s firm sold the shares in Snap via...

Cathie Wood-led Ark Investment Management on Monday booked profit in DocuSign Inc (NASDAQ: DOCU) for a second straight day, after boosting confidence in the e-signature company's ability to draw more customers. Ark Invest sold 46,938 shares, estimated to be worth about $11.37 million...

The Qraft AI-Enhanced US Large Cap Momentum ETF (NYSE: AMOM), an exchange-traded fund driven by artificial intelligence, has reduced its holdings in Tesla Inc. (NASDAQ: TSLA) and Amazon.com Inc. (NASDAQ: AMZN), while loading up on shares in Qualcomm Inc. (NASDAQ: QCOM) and Snap Inc. (NYSE:...