Snap Surges, DoorDash Plunges, Qualcomm Gives Upbeat Forecast
On this episode of Stock Movers:- Snap (SNAP) shares surged more than 25% in extended trading after the company announced a $400 million partnership with Perplexity AI Inc. to incorporate its AI-powered search engine into Snapchat. The deal gives Snap a new business line and puts the social messaging company more squarely into the mix around AI chatbots and assistants. Perplexity’s answer-engine will be integrated into Snapchat’s Chat interface beginning in 2026, according to Snap Chief Executive Officer Evan Spiegel, though the company’s existing My AI chatbot will also be…
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