Snap’s SPECS AR Glasses: Game-Changer or Expensive Gamble?
Snap launched $2,195 AR Specs glasses mixing real world with digital layers; analysts mixed, stock fell on high price concern.
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Meta Quietly Drops Forum App to Challenge Reddit
Meta has quietly released Forum, a Reddit-like app for Facebook Groups. Reddit's stock dropped on fears of new competition from the social media giant.
Snapchat Stock Crashes After Meta Launches “Instants”
Snap shares fell after Meta rolled out Instants — disappearing photos you can’t edit or screenshot. The new Instagram feature (and standalone app) looks a lot like Snapchat.
Snap Q1 2026 Earnings: User Growth Holds as Geopolitical Headwinds and Perplexity Exit Cloud Outlook
Snap reported $1.53B in Q1 revenue with an increase in users, but ad sales were hit by the Iran conflict, and the company ended its AI partnership. It is now cutting costs.
Snap Stock Upgraded to Buy: Analyst Sees 77% Upside
Snap upgraded to Buy with 77% upside; analysts expect first profit, rising subscriptions, and stronger growth ahead.
Snap Cuts 1,000 Jobs (16% of Staff) to Reach Profitability
Snap cuts 1,000 jobs and 300 roles to save $500M, focus on AI, cut costs, and improve profits amid weak ad market.