According to @KobeissiLetter, Snapchat stock ($SNAP) plunged over 15% following weaker than expected Q2 2025 earnings. This sharp decline highlights heightened market sensitivity to tech earnings and could trigger increased volatility across related assets, including major cryptocurrencies, as investors reassess risk and capital allocation strategies. The disappointing performance of $SNAP may influence overall sentiment in both equity and crypto markets, especially as traders look for safe-haven assets amid tech sector weakness. Source: @KobeissiLetter.