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Snap flags ad revenue hit from Middle East conflict, slower North America growth

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Snap flags ad revenue hit from Middle East conflict, slower North America growth

May 6 : Snap said on Wednesday its first-quarter advertising revenue was impacted by the conflict in the Middle East and slowing growth in North America, sending its shares 7 per cent lower in extended trading. The Snapchat parent also announced an end to a $400 million deal with AI startup Perplexity. The deal, aimed at offering answers to users'…

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