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Snap

Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.

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News

SNAP

Snap supera expectativas de ingresos y usuarios, pero cae un 13 % por no ofrecer guía para el segundo trimestre.

Snap (SNAP) cae un 13% pese a superar expectativas: incertidumbre publicitaria pesa en la acción

Jakarta,-,February,03,2023:,Snapchat,Mobile,App,And,Icon,Seen

Analyst Color

WIIM

Price Target

Reiteration

Analyst Ratings

Tech

Trading Ideas

GOOG

GOOGL

Snap (SNAP) supera expectativas de Wall Street pero no ofrece guía para segundo trimestre

laptop-3087585

PINS

Las acciones de Pinterest caen 4,45 % tras el informe de Snap, que inquietó al mercado sobre la salud del negocio publicitario digital.

Pinterest cae más del 4% arrastrada por Snap: preocupa el futuro de la publicidad digital

Snap Inc

SNAP ONE HLDGS CORP COM

Snap-on Inc

These eleven large-cap stocks were the best performers in the holiday-shortened week. Are they a part of your portfolio?
<ol class="wp-block-list">
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) stock gained 28.93% last week.</li>
<li>NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) stock upped 22.15%, along with apparel and retail stocks, <a href="https://www.benzinga.com/node/46230421">which gained</a> on Trump's trade deal announcement with Vietnam, a key supplier to the industry. Argus Research also upgraded Nike <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">from Hold to Buy</a>.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock rose 18.89% after the U.S. Senate passed the "One Big Beautiful Bill Act," which extended renewable project timelines and cut China from the supply chain. The bill also removed <a href="https://www.benzinga.com/node/46249974">the proposed excise tax</a>.</li>
<li>Datadog, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) stock gained 18.33% after it was announced that it would <a href="https://www.benzinga.com/node/46248451">join the S&amp;P 500 index</a> on July 9, 2025.</li>
<li>Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) stock jumped 16.17% after the DOJ cleared its Juniper Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) <a href="https://www.benzinga.com/node/46172737">acquisition</a>. Also, Bank of America Securities maintained a Buy rating and raised its <a href="https://www.benzinga.com/quote/HPE/analyst-ratings">price forecast to $23</a>.</li>
<li>Summit Therapeutics Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) stock upped 15.15% after Bloomberg reported it is in $15 billion-valued <a href="https://www.benzinga.com/node/46249640">partnership talks</a> with AstraZeneca (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NYSE">AZN</a>). UBS also initiated coverage on the stock with a Buy rating and <a href="https://www.benzinga.com/quote/SMMT/analyst-ratings">a $30 price forecast</a>.</li>
<li>Carnival Corporation &amp; plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) stock rose 14.48% as it prepares to launch its <a href="https://www.benzinga.com/node/46236882">new private cruise destination</a>, Celebration Key. The company also announced an offer to raise 1 Billion euros via senior unsecured notes to refinance debt.</li>
<li>POSCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>) stock gained 14.43% last week.</li>
<li>Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) stock gained 14.02% after <a href="https://www.benzinga.com/node/46204670">Macau's June gaming revenue</a> rose 19% year-over-year to $2.6 billion, beating expectations.</li>
<li>SharkNinja, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>) stock rose 13.95% amid sector-wide gains from Trump's Vietnam trade deal announcement benefiting consumer goods supply chains.</li>
<li>Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares gained 13.88% last week after Wells Fargo raised its <a href="https://www.benzinga.com/node/46207800">price forecast on the stock</a> from $8 to $11.</li>
</ol>
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Image via Shutterstock

Large Cap

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NIKE, Datadog And Snap Are Among Top 11 Large Cap Gainers Last Week (June 30-July 4): Are The Others In Your Portfolio?

Legal

Fox Business Reports Snap Issues Statement On Utah Lawsuit, Says ".. Now, Unable To Accept The Court's Rejection Of The State's Legislation, The Utah Attorney General Is Resorting To Civil Litigation..."

Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) filed a lawsuit in California last week, accusing former senior design engineer Di Liu of stealing confidential company information before<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46207800/whats-going-on-with-snap-shares-today"> leaving to work at </a>Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>).&nbsp;
The Details: Apple alleged that Liu downloaded thousands of sensitive files and stored them in his personal cloud accounts during his final days at the company, according to <a href="https://www.cnbc.com/2025/07/01/apple-lawsuit-trade-secrets-di-liu-snap.html">CNBC</a>.&nbsp;
Liu, who worked on the Vision Pro headset, reportedly did not disclose that he was joining Snap, a competitor in the smart glasses market, when he resigned late last year.&nbsp;
Read Next: <a href="https://www.benzinga.com/markets/tech/25/06/46182769/what-happened-with-apple-stock-today?utm_source=articleShare">What Happened With Apple Stock Today?</a>
As a result, Apple granted him the standard two-week transition period, during which he allegedly accessed and copied proprietary files.
Apple's legal team stated that Liu used his company credentials to transfer documents containing project code names, technical details, product designs, and supply chain information.&nbsp;
Apple also suggested that the information Liu took could benefit Snap's augmented reality products, though Apple did not take legal action against Snap itself.
Snap responded by saying they found no evidence that the allegations related to Liu's work at their company. Apple sought damages and requested a forensic review of Liu's devices to ensure all sensitive data was deleted.&nbsp;
Why It Matters: Snap<a href="https://www.benzinga.com/markets/tech/25/06/45893545/snapchat-parent-to-launch-light-weight-ar-smart-glasses-to-compete-with-meta-apple"> recently announced</a> that it will launch Specs, a pair of lightweight, immersive AR glasses, in 2026.&nbsp;
Specs are described as an ultra-powerful wearable computer built into a lightweight glasses frame, featuring see-through lenses that blend digital experiences with the physical world.
In related industry news, Meta is reportedly preparing to launch a new version of its smart glasses, priced between $1,000 and $1,400, featuring a built-in screen and hand-gesture controls, as competition intensifies with Apple's $3,500 Vision Pro.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46199580/microsoft-rivian-intel-slash-jobs-in-june-tech-layoff-spree?utm_source=articleShare">Microsoft, Rivian, Intel Slash Jobs In June Tech Layoff Spree</a></li>
</ul>
Photo: Vision Pro, Courtesy Apple

AAPL

Apple Sues Ex-Engineer Over Alleged Theft Of Vision Pro Secrets As Snap Prepares AR Glasses Launch

In the latest quarter, 22 analysts provided ratings for Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>), showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">19</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">18</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $9.45, a high estimate of $13.00, and a low estimate of $6.50. A 20.32% drop is evident in the current average compared to the previous average price target of $11.86. 
<img src="https://www.benzinga.com/files/images/story/2025/1751407246_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of Snap by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$11.00</td>
<td>$8.00</td>
</tr>
<tr>
<td>Rob Sanderson</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$12.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$6.50</td>
<td>$8.00</td>
</tr>
<tr>
<td>Maria Ripps</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Hold</td>
<td>$9.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Ronald Josey</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$8.00</td>
<td>$9.00</td>
</tr>
<tr>
<td>Naved Khan</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$10.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$11.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$8.50</td>
<td>$9.50</td>
</tr>
<tr>
<td>Shyam Patil</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$8.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$8.00</td>
<td>$9.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$12.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$13.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Barton Crockett</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$9.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Mark Kelley</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$8.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$8.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Maria Ripps</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Hold</td>
<td>$10.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Ronald Josey</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$9.00</td>
<td>$13.50</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$9.50</td>
<td>$13.50</td>
</tr>
<tr>
<td>Lloyd Walmsley</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$9.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Thomas Champion</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$10.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Justin Post</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$10.50</td>
<td>$14.50</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$8.00</td>
<td>$10.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Snap. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Snap compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Snap's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SNAP/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Snap analyst ratings.</a>
<h2>Unveiling the Story Behind Snap</h2>
Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
<h3>Unraveling the Financial Story of Snap</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Snap's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 14.1% as of 31 March, 2025, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.
Net Margin: Snap's net margin is impressive, surpassing industry averages. With a net margin of -10.24%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Snap's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -5.86%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Snap's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.8%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Snap's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.82, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Breaking: Wall Street's Next Big Mover
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 22 Analyst Ratings Have To Say About Snap

Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares are trading higher on Tuesday after Wells Fargo raised its price target on the stock from $8 to $11, citing stronger-than-expected revenue growth in <a href="https://www.benzinga.com/m-a/25/06/46038952/snap-just-bought-a-student-calendar-app-how-it-could-reinvent-snapchat">a stabilizing ad market. </a>
What To Know: The firm now expects second-quarter revenue to increase 13% year-over-year, up from a prior estimate of 6% and above the consensus forecast of 8%. Wells Fargo also sees subscription revenue reaching $165 million and forecasts $76 million in EBITDA for the quarter, nearly double the street estimate, <a href="https://www.investing.com/news/analyst-ratings/snap-stock-price-target-raised-to-11-from-8-at-wells-fargo-on-ad-growth-93CH-4118881">according to Investing.com.</a>
The bank highlighted growing optimism around the Sponsored Snaps feature, which monetizes the chat interface and could generate $400 million in revenue by 2027, with $20 million projected this quarter alone. 
While domestic user engagement continues to decline, daily active users in the U.S. and Canada are down 4%, international markets remain stable, growing 8% annually.
Snap has also made headlines with its upcoming public release of new AR glasses, Specs, in 2026, along with enhancements to its Snap OS operating system that integrate OpenAI and Google Cloud tools for AI-powered development. 
Additional analyst updates were mixed: Loop Capital cut its price target to $12 from $16 but maintained a Buy rating, and Benchmark reiterated its Hold rating while noting recent improvements in ad targeting tech and an expanding advertiser base.
The broader competitive landscape may also be helping Snap. 
TikTok, a key rival, is facing scrutiny from EU regulators for potential violations of the Digital Services Act and a $600 million privacy-related fine. The regulatory pressure on TikTok may indirectly benefit Snap's ad business as marketers reconsider platform risk.
SNAP Price Action: Snapchat shares closed up 7.59% at $9.35 at publication on Tuesday, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
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Image Via Shutterstock.

Social Media

What's Going On With Snap Shares Today?

Snap shares are trading higher after Wells Fargo raised its price target on the stock from $8 to $11.

Wells Fargo analyst Ken Gawrelski maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Equal-Weight and raises the price target from $8 to $11.

Wells Fargo Maintains Equal-Weight on Snap, Raises Price Target to $11

<a href="https://www.bloomberg.com/news/videos/2025-06-30/tiktok-buyer-has-been-found-says-trump-video" title="https://www.bloomberg.com/news/videos/2025-06-30/tiktok-buyer-has-been-found-says-trump-video">https://www.bloomberg.com/news/videos/2025-06-30/tiktok-buyer-has-been-found-says-trump-video</a>
&nbsp;

ORCL

Reported June 30, 2025: 'President Donald Trump Says A Buyer Group For TikTok Has Been Found And A Nod From China Is Now Needed' - Bloomberg News

Snap, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) confirmed on Friday that it has purchased Saturn, a calendar app designed to help students organize and share<a href="https://www.benzinga.com/25/05/45524467/tiktok-tests-photo-messaging-despite-internal-warnings-over-sextortion-risks-could-it-hurt-parent-bytedances-ipo-plans"> their school schedules.</a>
The Details: The terms of the acquisition were not made public, and Saturn will remain available as an independent app, the company told <a href="https://techcrunch.com/2025/06/20/snap-acquires-saturn-a-social-calendar-app-for-high-school-and-college-students/">TechCrunch</a>.&nbsp;
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According to Snap, nearly all of Saturn's team—just under 30 full-time employees—will join Snap as part of the deal.
While Snap has not detailed its future plans for Saturn, a company spokesperson told TechCrunch that Snap intends to incorporate Saturn's calendar features into Snapchat in new and creative ways.&nbsp;
Saturn, launched in 2018, takes a social approach to scheduling by allowing high school and college students to connect with classmates and easily view each other's class schedules, eliminating the need to exchange photos of timetables.
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The app lets users share not only their class schedules but also plans for practices, rehearsals, meetings, and games, giving friends a real-time view of each other's activities.&nbsp;
Snap reports that Saturn is widely used, with support in 80% of U.S. high schools, and credits Saturn's popularity to its engaging and interactive approach to scheduling.
What Else: Snap recently announced<a href="https://www.benzinga.com/markets/tech/25/06/45893545/snapchat-parent-to-launch-light-weight-ar-smart-glasses-to-compete-with-meta-apple"> that it will launch </a>lightweight, immersive AR glasses called Specs in 2026.
Specs will use advanced machine learning to interpret the environment, bring AI-powered assistance into 3D space, support shared games and activities with friends, and serve as a flexible workstation for browsing and streaming.
Currently, Snapchat users interact with AR Lenses 8 billion times each day, and more than 400,000 developers have created over 4 million Lenses using Snap's AR tools.&nbsp;
In 2024, Snap released its fifth-generation Spectacles for developers, setting the stage for the Specs public launch in 2026.
Read Next:<a href="https://www.benzinga.com/markets/tech/25/06/45971345/sunrun-first-solar-plunge-solar-stocks-hit-hard-by-trump-tax-bill-latest?utm_source=articleShare">&nbsp;</a>
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45971345/sunrun-first-solar-plunge-solar-stocks-hit-hard-by-trump-tax-bill-latest?utm_source=articleShare">Sunrun, First Solar Plunge—Solar Stocks Hit Hard By Trump Tax Bill: Latest</a>&nbsp;</li>
</ul>
Image: Shutterstock&nbsp;

General

Snap Just Bought A Student Calendar App: How It Could Reinvent Snapchat

<a href="https://newsroom.tiktok.com/en-us/statement-from-tiktok-on-executive-order">Statement on Executive Order Extending the Deadline - Newsroom &#x7C; TikTok</a>

TikTok On Executive Order Extending Deadline, Says Grateful For President Trump's Leadership And Support In Ensuring That Tiktok Continues To Be Available; We Continue To Work With Vice President Vance's Office

<a href="https://truthsocial.com/@realDonaldTrump/posts/114710716146853661" title="https://truthsocial.com/@realDonaldTrump/posts/114710716146853661">https://truthsocial.com/@realDonaldTrump/posts/114710716146853661</a>

Macro Economic Events

Global

Economics

President Trump Posts On Truth Social "I've Just Signed The Executive Order Extending The Deadline For The TikTok Closing For 90 Days (September 17, 2025). Thank You For Your Attention To This Matter!"

<a href="https://www.youtube.com/watch?v=KYJwif_EW3c">https://www.youtube.com/watch?v=KYJwif_EW3c</a>
&nbsp;

Politics

President Trump, Asked About Extending TikTok Ban, Says "Think We Will Need China To Bless TikTok Deal, I Think They Will Bless It

<a href="https://www.wsj.com/livecoverage/stock-market-today-trump-tariffs-trade-war-06-17-2025/card/trump-sparing-tiktok-from-ban-with-another-deadline-extension-ZQVod1UzdEvomPuyYyle?mod=Searchresults_pos1&amp;page=1">https://www.wsj.com/livecoverage/stock-market-today-trump-tariffs-trade-war-06-17-2025/card/trump-sparing-tiktok-from-ban-with-another-deadline-extension-ZQVod1UzdEvomPuyYyle?mod=Searchresults_pos1&amp;page=1</a>

AMZN

'Trump Sparing TikTok From Ban With Another Deadline Extension'- WSJ

<a href="https://downdetector.com/" title="https://downdetector.com/">https://downdetector.com/</a>

ETSY

FUBO

SHOP

SPOT

Downdetector User Reports Indicate Problems With Google, Google Cloud, Google Firebase, Spotify, AWS, Cloudflare, Snap, Etsy, FuboTV, Box, Shopify, In The U.S.

<a href="https://www.youtube.com/watch?v=jSdvq57_33A">https://www.youtube.com/watch?v=jSdvq57_33A</a>

U.S. Treasury's Bessent Says Tiktok Was Not Discussed During U.S.-Chinese Talks In London This Week

Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>)&nbsp;announced Tuesday at the Augmented World Expo 2025 that it is launching lightweight, immersive AR glasses called <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/b45867290/snap-to-launch-new-lightweight-immersive-specs-in-2026" rel="noreferrer noopener">Specs in 2026</a>.
Specs are an ultra-powerful wearable computer integrated into a lightweight pair of glasses featuring see-through Lenses that enhance the physical world with digital experiences.
Snap&#8217;s all-new Specs are positioned to understand the world through advanced machine learning, bring AI assistance into three-dimensional space, enable shared games and experiences with friends, and provide a flexible and powerful workstation for browsing and streaming.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45158118/analyst-cautions-on-snap-as-meta-and-google-benefit-from-ad-spending-shifts" rel="noreferrer noopener">Analyst Cautions On Snap As Meta And Google Benefit From Ad Spending Shifts</a>
People use AR Lenses in the Snapchat camera 8 billion times daily, and over 400,000 developers have built over 4 million Lenses with Snap&#8217;s world-leading AR tools.
Snap released its&nbsp;fifth generation of Spectacles&nbsp;for developers in 2024, paving the way for the public launch of Specs in 2026.
Snap is also launching new tools specifically for developers building location-based experiences.
Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) <a target="_blank" href="https://www.benzinga.com/25/04/44599475/meta-is-planning-to-drop-1000-smart-glasses-to-disrupt-apples-ar-ambitions-report" rel="noreferrer noopener">is reportedly gearing</a> up to release an over $1,000 version of its smart glasses to challenge Apple Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) AR ambitions. The new version of Meta&#8217;s smart glasses will come with a built-in screen, hand-gesture controls, and a price tag ranging from $1,000-$1,400 compared to&nbsp;the <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36773354/3-500-apple-headset-no-problem-apple-vision-pro-blows-past-expectations-wedbush-upg" rel="noreferrer noopener">$3,500 Vision Pro</a>.
Price Action: SNAP stock traded higher by 2.30% to $8.69 at last check Wednesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/03/44270009/apple-doubles-down-on-vision-pro-with-metallica-concert-experience-but-can-rock-legends-save-a-3499-headset-thats-already-being-scaled-back" target="_blank" rel="noreferrer noopener">Apple Doubles Down On Vision Pro With Metallica Concert Experience: But Can Rock Legends Save A $3,499 Headset That&#8217;s Already Being Scaled Back?</a></li>
</ul>
Photo by NYCStock via Shutterstock

Snapchat Parent To Launch Light Weight AR Smart Glasses To Compete With Meta, Apple

<a href="https://techcrunch.com/2025/06/11/snapchat-rolls-out-a-new-8-99-lens-subscription-tier/#:~:text=Snapchat%20on%20Wednesday%20announced%20the,exclusive%20Lenses%20and%20AR%20experiences" title="https://techcrunch.com/2025/06/11/snapchat-rolls-out-a-new-8-99-lens-subscription-tier/#:~:text=Snapchat%20on%20Wednesday%20announced%20the,exclusive%20Lenses%20and%20AR%20experiences">https://techcrunch.com/2025/06/11/snapchat-rolls-out-a-new-8-99-lens-subscription-tier/#:~:text=Snapchat%20on%20Wednesday%20announced%20the,exclusive%20Lenses%20and%20AR%20experiences</a>.

'Snapchat Rolls Out A New $8.99 Lens+ Subscription Tier' - Tech Crunch

Downgrades

Snap shares are trading higher. The company reportedly plans to sell lightweight consumer AR glasses in 2026.

<a href="https://techcrunch.com/2025/06/10/snap-plans-to-sell-lightweight-consumer-ar-glasses-in-2026/" title="https://techcrunch.com/2025/06/10/snap-plans-to-sell-lightweight-consumer-ar-glasses-in-2026/">https://techcrunch.com/2025/06/10/snap-plans-to-sell-lightweight-consumer-ar-glasses-in-2026/</a>

'Snap Plans To Sell Lightweight, Consumer AR Glasses In 2026' - Tech Crunch

<a href="https://www.ft.com/content/b649cb3d-9156-4e0c-9e6f-7458b670e97b" title="https://www.ft.com/content/b649cb3d-9156-4e0c-9e6f-7458b670e97b">https://www.ft.com/content/b649cb3d-9156-4e0c-9e6f-7458b670e97b</a>

'Tucker Carlson was on White House list of potential TikTok investors' - Financial Times

Press Releases

Snap Inc. Announces Date of Fourth Quarter and Full Year 2024 Results Conference Call

Snap Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

Snap Inc. Files Annual Report on Form 10-K

Snap Announces Proposed Private Offering of $700 Million of Senior Notes Due 2033

Snap Announces Pricing of Upsized Offering of $1.5 Billion of Senior Notes Due 2033

Later Announces Partnership with Snap Inc. Delivering the Industry's Most Comprehensive Integration for Social and Influencer Marketing

Snap Inc. Announces Date of First Quarter 2025 Results Conference Call

Snap Inc. Announces First Quarter 2025 Financial Results

Snap to Launch New Lightweight, Immersive Specs in 2026

IAS Launches First-to-Market AI-Powered Social Attention Measurement for Snap

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

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