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Snapchat's stock surges ~16% after beating Q3 earnings and sealing $400 million Perplexity deal

Snap's stock jumped about 16% in after-hours trading on Wednesday after the company reported third‑quarter results and revealed a $400 million partnership with Perplexity AI. The deal will allow Perplexity's AI search engine to be distributed to Snapchat's global user base. The companies said the integration will begin appearing inside Snapchat in early 2026, where [...]

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