SNAP Falls 34.3% in 2024: Will Its AI Pivot Pull the Stock Up in 2025?
Snap(SNAP) ZACKS·2024-12-27 16:20
Despite Snap Inc.'s (SNAP) 34.3% stock decline in 2024, the company's aggressive pivot toward artificial intelligence (AI) and augmented reality (AR) positions it for a potential turnaround in 2025. The company's strategic integration of AI across its platform, particularly in content discovery and advertising optimization, demonstrates its commitment to innovation and long-term growth. With its AI-powered chatbot, My AI, seeing triple-digit growth in user engagement and the introduction of AI-enabled featu ...