00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Snap shares rose Tuesday ahead of the company's Hardware Showcase event in Los Angeles on Wednesday,
00:07according to Benzinga. Investors are focused on the launch of Snap's next-generation Spex
00:12augmented reality glasses as a potential growth driver beyond advertising. CEO Evan Spiegel will
00:18provide the first in-depth look at the device, including its artificial intelligence assistance,
00:22work tools, entertainment, and shared experiences. Snap is trading above its 20-day, 50-day, 100-day,
00:28and 200-day moving averages. MACD is also above its signal line, while the company's Benzinga Edge
00:34momentum score stands at a neutral 42.53. Snap shares were up 0.94% to $5.90 at the
00:41time of
00:41publication on Tuesday, according to Benzinga Prodata. For all things money, visit benzinga.com.
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