Snap unveils latest AR glasses despite ongoing struggles in core ad business [MSNBC.com]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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Source: MSNBC.com
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California.Joe Scarnici | Getty Images Entertainment | Getty ImagesThe latest Spectacles are only available for developers, who must commit to paying $99 a month for one full year if they want to build AR apps for the device. The glasses can produce more compelling digital visuals than the prior version and are built on top of a redesigned software operating system dubbed Snap OS.Additionally, Snap is partnering with ChatGPT creator OpenAI to give developers tools that will allow them to build and port their artificial intelligence features for the smart glasses.Snap's announcement comes days before rivalMeta'sSnap sharesfell more than 20% after the company reportedThe previous day Meta reported better-than-expected quarterly results that sent the stock price up 7%. Still, Meta's AR and VR bets continue to rack up losses — the company's Reality Labs un
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SNAP
News
- Snap Inc. (NYSE: SNAP) is now covered by analysts at B. Riley. They set a "neutral" rating and a $11.00 price target on the stock.MarketBeat
- Fei-Fei Li's World Labs AI Out Of Stealth With $230 Million, New Snap Specs, Neuralink Targets Blindness [Forbes]Forbes
- Snap Inc. (NYSE: SNAP) had its "buy" rating re-affirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $14.00 price target on the stock.MarketBeat
- Snap Inc. (NYSE: SNAP) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- Snap Inc. (NYSE: SNAP) had its "neutral" rating re-affirmed by analysts at Roth Mkm. They now have a $14.00 price target on the stock.MarketBeat
SNAP
Earnings
- 8/1/24 - Beat
SNAP
Sec Filings
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- SNAP's page on the SEC website