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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.
6 May, 20:13 — 6 May, 20:13
The Story
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Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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Left (1)
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Right (1)
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Far R
Geographic diversity— 2 regions9/34
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ℹOnly 2 sources cover this story
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cnbcMostly Factual2h ago
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.
Read full article →channel-news-asiaMostly Factual2h ago
Snap flags hits to ad revenue from Middle East conflict, slower North America growth
Read full article →Coverage Timeline
First report: cnbc · 6 May, 20:13|Full coverage: 2 · 0m|Window: 0m
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