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Snapchat rolls out a new $8.99 Lens+ subscription tier
TechCrunch· 2025-06-11 17:54
Snapchat on Wednesday announced the launch of a new Snapchat+ tier called “Lens+.” The new tier costs $8.99 per month and, as its name suggests, is centered around giving users access to exclusive Lenses and AR experiences.In addition to giving users access to the perks unlocked with the standard $3.99 per month Snapchat+ tier, Lens+ gives users the ability to use hundreds of Lenses that let you “play, create, and share Snaps” with others, the company says. “We’re starting with Lenses built by Snapchat an ...
Prediction: 3 Stocks That'll Be Worth More Than Microsoft 10 Years From Now
The Motley Fool· 2025-06-05 08:50
Core Viewpoint - Microsoft has regained its position as the world's largest company by market cap in 2025, but it is predicted that this reign will be short-lived, with three companies likely to surpass it in the next decade [1]. Group 1: Nvidia - Nvidia is positioned to potentially surpass Microsoft in market cap very soon, with its current market cap exceeding $3.3 trillion [3]. - The company is expected to benefit significantly from the rapid adoption of AI technologies, particularly due to the demand for powerful GPUs for AI inference [4]. - Despite some challenges, such as export restrictions on AI chips to China, Nvidia is anticipated to grow substantially over the next decade, with predictions of it becoming the first company to reach a $5 trillion market cap [5]. Group 2: Apple - Apple, which has been a dominant player in the market, is currently behind both Microsoft and Nvidia in market cap but is expected to remain a top contender by 2035 [6]. - The company faces uncertainty regarding its next major breakthrough product, with recent products like the Apple Watch and Vision Pro not meeting high expectations [7]. - There are rumors of Apple launching AI-enhanced smart glasses by late 2026, which could be a significant product for the company, especially if they incorporate augmented reality technology [8][9]. Group 3: Amazon - Amazon has never held the title of the world's largest company but is expected to surpass Microsoft in the next decade [10]. - The company's confidence in maintaining its leadership in the cloud services market through Amazon Web Services (AWS) has increased, especially in light of Microsoft's weakening relationship with OpenAI [11]. - Amazon's ongoing AI initiatives and expansion into new business areas, such as Project Kuiper for global internet access, are contributing to its optimistic growth outlook [12][13].
Vuzix to Be Added to Russell 3000 and Russell 2000 Indexes
Prnewswire· 2025-05-27 12:30
ROCHESTER, N.Y., May 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2025 Russell indexes annual reconstitution, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. Vuzix' inclusion will become effective after the US market opens on June 27.Annual ...
Snap(SNAP) - 2025 Q1 - Earnings Call Transcript
2025-04-29 21:00
Snap (SNAP) Q1 2025 Earnings Call April 29, 2025 05:00 PM ET Company Participants David Ometer - Head, Investor RelationsEvan Spiegel - CEO and Co-FounderDerek Andersen - Chief Financial OfficerDan Salmon - PartnerBenjamin Black - Co-Head Internet Equity ResearchJustin post - Managing DirectorMark Mahaney - Senior Managing Director Conference Call Participants Thomas Champion - Senior Research AnalystRoss Sandler - AnalystRich Greenfield - Partner, Media & Technology AnalystMark Shmulik - MD, Senior Analyst ...
Snap Hits 900 Million Users, Beats Q1 Estimates, But Stock Slides On 'Uncertainty'
Benzinga· 2025-04-29 20:35
Tech company and Snapchat parent Snap Inc SNAP reported first-quarter financial results after market close Tuesday.Here are the key highlights.What Happened: Snap reported first-quarter revenue of $1.36 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of $1.35 billion according to data from Benzinga Pro.The company reported an adjusted loss of 8 cents per share, beating a Street consensus estimate of a loss of 13 cents per share.Snap had 460 million daily active users at th ...