Snap stock hits all-time high today. Here’s why

Snap stock hits all-time high today. Here’s why

Snapchat's parent company Snap Inc (NYSE: SNAP) shares surged more than 20% on Wednesday in pre-market trading after the company reported better-than-expected third-quarter financial results. The Social media company registered a 52% increase in revenue at $679 million in its third quarter.

Major banks Q3 earnings preview

Major banks Q3 earnings preview

This week Investors will shift their attention to major US bank's earnings. JPMorgan (NYSE: JPM) and Citigroup (NYSE: C) are both due to release results on Tuesday, followed by Goldman Sachs (NYSE: GS), Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC), and Morgan Stanley (NYSE: MS) later in the week.