Snap's Third-Quarter Revenue Exceeds Expectations: 400 Million Dollar Partnership with Perplexity AI, Stock Rises 25%
Snap's third-quarter earnings are impressive, with the stock rising 25% during trading. Revenue reached 1.51 billion dollars, exceeding expectations, and daily active users reached 477 million. Improved profitability and a 500 million dollar stock buyback plan have driven the company to rebound from long-term decline.
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