Snap Q2 2025: Ad Glitch Impacts Revenue, User Growth Strong
Snap's Q2 revenue missed estimates due to an ad platform glitch & policy changes. User growth and Snapchat+ remain strong points.
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#Comm. Services↓
Amphenol Buys CommScope Unit: AI Connectivity & Debt Reduction
Amphenol acquires CommScope's CCS for $10.5B cash, bolstering its AI data center connectivity. CommScope uses proceeds to cut debt & pay shareholders. Closes H1 2026.
Spotify Raises Global Premium Prices to Boost Margins
Spotify is increasing Premium subscription costs by €1 in many non-US markets. This aims to improve margins and fund product innovation following recent financial results.