Until Snapchat can deliver a clear vision for what its future will look like and how it will cater to changing demographics and those it has been unable to woo, the latest rally in shares appears more like a short-squeeze than a trend reversal. If anything, this week’s earnings announcement will be more reflective of another opportunity for short-sellers to reload amid expectations of a shrinking user base and less attractive prospects going forward.

Cord-Cutting Is Quickly Picking Up Pace

Over the past couple of weeks, things went from bad to worse for pay-TV providers in the United States, after both Apple and Disney announced their own subscription-based video streaming services to launch this year...

  • Apr 19, 2019 10:20 PM