{"id":269092,"date":"2026-02-05T14:23:11","date_gmt":"2026-02-05T14:23:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/269092\/"},"modified":"2026-02-05T14:23:11","modified_gmt":"2026-02-05T14:23:11","slug":"nvidia-rebounds-after-foxconn-posts-massive-sales-growth-in-january-highlights-increasing-demand-for-ai-racks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/269092\/","title":{"rendered":"Nvidia rebounds after Foxconn posts massive sales growth in January, highlights increasing demand for AI racks"},"content":{"rendered":"

Snap rises on surprise profit beat, despite falling global daily active users<\/a><\/p>\n

Snap<\/a> shares are up 7% in premarket trading on Thursday after the owner of the popular social media app reported better-than-expected sales and earnings in its Q4 results, released Wednesday evening. <\/p>\n

For the quarter ended December 31, 2025, the company reported: <\/p>\n

Revenue of $1.72 billion, marginally above analyst estimates of $1.702 billion (consensus compiled by Bloomberg).<\/p>\n

Adjusted earnings per share of $0.183, topping expectations of $0.153 by 20%.<\/p>\n

\u201cOur Q4 results began to reflect the impact of our strategic pivot toward profitable growth, translating into revenue diversification and meaningful margin expansion,\u201d CEO Evan Spiegel said in a press release<\/a>.<\/p>\n

Investors seem to be pleased about the increased focus on the bottom line, with top-line guidance actually coming in a little softer: Snap expects Q1 revenue to be between $1.5 billion and $1.53 billion, marginally below consensus forecasts for $1.526 billion at its midpoint. <\/p>\n

However, the company also noted that the guidance excludes potential revenue from any deal with Perplexity AI\u2019s answer engine in its app \u2014 a tie-up<\/a> that would offer Snap $400 million a year in cash and equity \u2014 as the two parties are \u201cyet to mutually agree on a path to a broader roll out.\u201d <\/p>\n

The bad news was that the company\u2019s user base shrunk, with global daily active users, long a key metric for the social media company, dropping to 474 million from 477 million last quarter, lower than the previous quarter and analysts\u2019 projections. In a letter to investors,<\/a> the company addressed the slowdown as the result of a broader strategy change announced last year to focus on \u201cprofitable growth\u201d that included plans to \u201csubstantially reduce our community growth marketing investments.\u201d Snap also detailed its plans to invest in higher-margin ad products, like Sponsored Snaps, and double down on its subscription business to boost its bottom line. <\/p>\n

Snap has also been expanding into wearables and augmented reality in recent years, including creating a stand-alone subsidiary<\/a> dedicated for its Specs AR glasses in January. <\/p>\n","protected":false},"excerpt":{"rendered":"Snap rises on surprise profit beat, despite falling global daily active users Snap shares are up 7% in…\n","protected":false},"author":2,"featured_media":269093,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,111,139,69,145],"class_list":{"0":"post-269092","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/269092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=269092"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/269092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/269093"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=269092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=269092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=269092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}