20h ago
Snap shares rise 4.2% after launching $2,195 SPECS smart glasses and rolling out enterprise AI push
Snap unveiled its $2,195 SPECS smart glasses and announced AI partnerships aimed at business users, sending the stock up 4.2% in after-hours trading. SPECS is open for preorder with a $200 refundable deposit, with shipments expected later this fall in the U.S., U.K., and France. Consumers will be able to try the glasses at Snap’s Firstlook location in Los Angeles starting October 1.
20h ago
21h ago
Fluence Energy cuts FY2026 outlook again as supply-chain and execution issues persist
Fluence Energy cut its FY2026 guidance for a second time in six weeks, citing ongoing supply-chain and execution issues. The company said it plans to “rightsize growth” to reduce working-capital needs and avoid raising additional capital. The analyst argued FY2027 revenue is unlikely to be close to the $4.0 billion consensus and lowered a price target to $6.20 from $10.30 while reiterating a “Sell” rating.
21h ago