SNAP Jan 2024 28.000 put
- Zacks
Snap (SNAP) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Snap (SNAP) closed at $8.56, marking a +0.82% move from the previous day.
- Yahoo Finance Video
Meta unveils new AR/VR headseat, smart glasses
At the Meta Connect 2023 event, Meta (META) announced its new AR/VR headset, the Meta Quest 3 for $499, along with its Ray-Ban smart glasses. Yahoo Finance Tech Editor Dan Howley breaks down the features and price point of the new mixed reality headset, as well as how Meta is competing with other companies, such as Apple (AAPL) and Sony (SONY) in the gaming space. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Reuters
UPDATE 2-Snap to close AR division for enterprises months after launch
Snap Inc is shutting its division focused on making augmented reality (AR) services for businesses within months of its launch, as the ad-dependent social media company struggles in a tough economy. The closure of the division will result in about 170 job cuts, said Snap, which like other social media firms, has been facing the brunt of weak advertising spending from inflation-hit businesses since early last year. Snap, the maker of photo messaging app Snapchat, started AR Enterprise Services (ARES) in March, looking to diversify its revenue beyond digital advertising that makes up the vast majority of its revenue.
