CNBC
US · 2 hrs ago
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Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty
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Snap reported first-quarter earnings with cautious forward guidance, disclosing that its deal with AI startup Perplexity has ended and citing Middle East geopolitical concerns as a source of uncertainty.
Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.
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