Snap has made a strategic move by partnering with Perplexity to enhance its presence in the artificial intelligence sector. This collaboration is significant as it positions Snap to leverage AI technologies, potentially improving user engagement and expanding its market reach. As AI continues to shape the tech landscape, this deal could be a game-changer for Snap, allowing it to stay competitive and innovative.

Snap has announced a significant partnership with AI-powered search engine Perplexity, which will see Perplexity invest $400 million in cash and equity to enhance the search capabilities within Snapchat through a new chatbot. This collaboration not only boosts Snap's technological edge but also highlights the growing importance of AI in social media, making it a noteworthy development in the tech landscape.

Perplexity has struck a significant $400 million deal with Snap to enhance Snapchat's chat interface with advanced AI capabilities starting in 2026. This partnership is exciting as it promises to bring more interactive and intelligent features to one of the most popular social media platforms, potentially transforming user engagement and experience.

Snap has announced a groundbreaking $400 million deal with Perplexity to integrate AI search capabilities directly into Snapchat. This partnership is set to enhance user experience by providing more intuitive and efficient search options, making it easier for users to find information and engage with content. The move highlights Snap's commitment to innovation and staying competitive in the rapidly evolving tech landscape, potentially attracting more users and advertisers to the platform.

Figma has reported a remarkable 38% year-over-year increase in revenue for Q3, reaching $274.2 million, surpassing estimates of $265.2 million. The company's adjusted operating margin also improved significantly to 12%, compared to the expected 6.5%. This strong performance not only highlights Figma's growth trajectory but also sets a positive tone for the upcoming quarter, as the company forecasts Q4 revenue to exceed expectations. Such results are crucial as they reflect Figma's increasing market presence and the growing demand for its design tools.

Robinhood has reported a remarkable 100% year-over-year increase in Q3 revenue, reaching $1.27 billion, surpassing estimates. The company's transaction-based revenue also saw a significant rise of 129%, totaling $730 million. Additionally, net income soared by 271% to $556 million. This impressive financial performance highlights Robinhood's growing influence in the trading sector and reflects a strong demand for its services, making it a key player in the financial technology landscape.

DoorDash has reported a 27% year-over-year increase in revenue for Q3, reaching $3.45 billion, surpassing estimates. However, despite the growth in total orders, which rose by 21% to 776 million, the company's stock, DASH, plummeted over 18% in after-hours trading. This drop raises concerns among investors about the sustainability of DoorDash's growth and its market performance, highlighting the volatility often seen in tech stocks.

Qualcomm has reported a strong Q4 performance, with revenue rising 10% to $11.27 billion, surpassing estimates of $10.79 billion. Handset revenue also saw a significant increase of 14%, reaching $6.96 billion. This positive trend is crucial as it indicates robust demand for Qualcomm's products and sets a promising outlook for the upcoming quarter, with forecasts suggesting revenue will exceed expectations. Such growth not only reflects the company's resilience in a competitive market but also boosts investor confidence.