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Today is Wednesday, August 6, 2025.

The Early Bird Index today is 90.61

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Snap's Ad Platform Blunder 🚨

A problem with its advertising platform resulted in weaker financial results for Snap $SNAP ( ▼ 3.65% ) , the parent company of Snapchat, on Tuesday, causing the stock to decline 14.70% in after-hours trading.

Financials: Snap reported a loss of 16 cents per share in the past quarter, which was worse than expected. Revenue of $1.34 billion was in-line.

Early Bird’s Nest Egg Gains: Snap’s system mistakenly allowed advertisers to pay far less for valuable ad placements, reducing total revenue. This shows technical and operational risks in Snap’s core business, which highlights the ongoing challenges Snap faces to compete in a crowded digital ad market.

Final Thoughts: Snap was already down 16% this year before these poor results.

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Notables

Notable Earnings Today: Uber (NYSE: UBER), Walt Disney (NYSE: DIS), McDonald's (NYSE: MCD), Shopify (Nasdaq: SHOP), Airbnb (Nasdaq: ABNB), DoorDash (Nasdaq: DASH), Lyft (Nasdaq: LYFT), Beyond Meat (Nasdaq: BYND), AppLovin (Nasdaq: APP), IonQ (NYSE: IONQ), DraftKings (Nasdaq: DKNG), Duolingo (Nasdaq: DUOL), Fortinet (Nasdaq: FTNT), e.l.f. Beauty (NYSE: ELF), Jack In The Box (Nasdaq: JACK), Planet Fitness (NYSE: PLNT), New York Times (NYSE: NYT), Bumble (Nasdaq: BMBL), Dutch Bros (NYSE: BROS), Oscar Health (NYSE: OSCR), Symbotic (Nasdaq: SYM), Six Flags Entertainment (NYSE: FUN), Energy Transfer (NYSE: ET), Dave, Inc. (Nasdaq: DAVE), Geo Group (NYSE: GEO), Geron (Nasdaq: GERN), Joby Aviation (NYSE: JOBY), ACM Research (Nasdaq: ACMR), Avista (NYSE: AVA), Barrett Business (Nasdaq: BBSI), Bio-Techne (Nasdaq: TECH), Bloomin' Brands (Nasdaq: BLMN), Brinks (NYSE: BCO), Capri Holdings (NYSE: CPRI), Carlyle Group (Nasdaq: CG), CDW (Nasdaq: CDW), Choice Hotels (NYSE: CHH), Conduent (Nasdaq: CNDT), Dynatrace (NYSE: DT), Emerson (NYSE: EMR), Fastly (NYSE: FSLY), Fortrea (Nasdaq: FTRE), Genius Sports (GENI) Gibraltar Industries (ROCK) Global Payments (NYSE: GPN), GoodRx (Nasdaq: GDRX), Herbalife Nutrition (NYSE: HLF), HubSpot NYSE: (HUBS), International Seaways (NYSE: INSW), Kornit Digital (Nasdaq: KRNT), LivaNova (Nasdaq: LIVN), Louisiana-Pacific (NYSE: LPX), MetLife (NYSE: MET), Nomad Foods (NYSE: NOMD), Novavax (Nasdaq: NVAX), NRG Energy (NYSE: NRG), Occidental Petro (NYSE: OXY), Owens Corning (NYSE: OC), Payoneer (Nasdaq: PAYO), Pinnacle West (NYSE: PNW), Rockwell Automation (NYSE: ROK), Scholar Rock (SRRK) Sunoco LP (NYSE: SUN), Sunrun (Nasdaq: RUN), Sunstone Hotel (SHO) TPG Inc. (Nasdaq: TPG), Unity Software (NYSE: U), Valvoline (NYSE: VVV), Wix.com (Nasdaq: WIX), Wolverine (WWW), XPEL (Nasdaq: XPEL).

Notable IPOs Today: Live Oak Bancshares, Inc. (NYSE: LOB), CTW Cayman Class A Ordinary Shares (Nasdaq: CTW), Quantumsphere Acquisition Corp. Units (Nasdaq: QUMSU).

Notable Equity Crowdfunding Campaigns Ending Today: Kif Kefir Soda (Wefunder), Sarah Tremain (Honeycomb).

Notable Economic Events Today: Crude Oil Inventories (10:30 a.m. ET).

AMD Can't Meet Expectations

Tech company Advanced Micro Devices $AMD ( ▼ 2.52% ) fell 6.34% in after-hours trading on Tuesday after posting mixed financial earnings results.

Financials: AMD reported earnings of 48 cents per share in the past quarter, which were lower than expected. Revenue during the period was $7.7 billion, which was better than expected.

Final Thoughts: The company is having a tough time competing against Nvidia $NVDA ( ▼ 3.19% ) .

Super Micro Computer’s Weak Results

Super Micro Computer $SMCI ( ▼ 5.66% ) plunged 16.29% in after-hours trading on Tuesday after posting bad financial earnings results.

Financials: Super Micro Computer posted earnings of 41 cents per share and revenue of $5.8 billion in the past quarter. Both were lower than expected.

Final Thoughts: This was a setback for the stock, which was previously up 90% in 2025.

Trends to Watch

Struggle: Cardano Drops 3% as Market Sell-Off Persists, Midnight Airdrop Sparks Volatility (CoinDesk)

Stalling out: Rivian, Lucid warn of bumpy road ahead as policy changes hurt (Reuters)

The Robots are Here: AI is already impacting the labor market, starting with young tech workers, Goldman economist says (CNBC)

Alert: The jobs report that enraged Trump was flashing a recession warning sign (CNN)

The Oracle of Omaha Misses Out: Warren Buffett misses $850M in Bitcoin gains by sticking to cash in 2025 (Cointelegraph)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}