"Since we issued guidance on April 21, 2022, the macroeconomic environment has deteriorated further and faster than anticipated," Snap said in an SEC filing.
### Instruction: What is the sentiment of this news? Please choose an answer from {negative/neutral/positive}
### Input: "Since we issued guidance on April 21, 2022, the macroeconomic environment has deteriorated further and faster than anticipated," Snap said in an SEC filing.
### Response: moderately negative