Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

Evan Spiegel, co-founder and chief govt officer of Snap Inc., in the course of the Axios Media Trends Live occasion in New York, US, on Thursday, Sept. 18, 2025. Michael Nagle | Bloomberg | Getty Images Snap dropped shares about 4% in prolonged buying and selling after the corporate reported first-quarter earnings on Wednesday and…

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