Snap to close AR division for enterprises months after launch
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- UBS Reiterates Buy Rating on Snowflake Inc. (SNOW)
Snap (SNAP) to shut down recently launched business-focused AR unit
September 27, 2023 10:20 AM EDTSnap (NYSE: SNAP) is said to be shutting down its unit focused on creating augmented reality services for businesses, according to a Bloomberg report on Wednesday.
The company is reportedly pulling the plug on its attempt to diversify the company, with the ARES (short for augmented... More
