Why Are Risk Assets Rallying? And When AI Falls in Love 2/16/23
CNBC's "Fast Money"
00:00
Should Investors Buy Into Snaps?
Daniels: Snap has gone from 750 to over a billion in two three years. He says there's going to be strategic m&a between companies that are able to buy an asset like this because left on their own devices they're just going to kind of dwindle away. The company since it went public in 2017 has never been profitable right, he adds. Daniels: In an anti-competitive anti-trust sort of crackdown era who is going to buy snap guy who could buy snap?
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