Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
Snap Shares Plunge 30% In Late Trade As It Cuts Q2 Outlook On “Faster Than Anticipated” Decline In Economic Climate
deadline.comShares of Snapchat parent Snap are more than 30% in late trading after the company said second quarter financials will disappoint Wall Street “as the macroeconomic environment has deteriorated further and faster than anticipated.”In an SEC filing Monday afternoon after market close, Snap said revenue and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) will come in “below the low end” of the range it guided investors to in April with its first quarter numbers.“We remain excited about the long-term opportunity to grow our business.
Our community continues to grow, and we continue to see strong engagement across Snapchat, and continue to see significant opportunities to grow our average revenue per user over the long term,” the company said.On April 21, Snap reported daily active users jumped 18% to 332 million in the first quarter, beating Wall Street targets.
But the advertising-dependent Santa Monica-based company also noted economic challenges from macro and supply chain issues, labor costs and Apple privacy policy changes.Revenue rose 38% to $1 billion, below targets, and the social media company behind Lenses swung to a net loss of $360 million from a profit of $287 million the prior year.The company previously said it expects estimated revenue growth year-over-year for the current quarter to be between 20% and 25%, with adjusted EBITDA estimated to be between breakeven and $50 million.
It didn’t provide new metrics.Snap stock closed down 3.40% at $22.47 at the end of today’s session — which saw the broader market rise.
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