
Snap Issues Cautious Outlook Citing Middle East Conflict, Ad Revenue Concerns
Snap has issued cautious guidance, warning of potential hits to its ad revenue. The company attributes this uncertainty to the ongoing Middle East conflict and slower growth in North America, alongside the conclusion of its Perplexity deal.
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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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