Spiegel emphasized that Snap has been investing in wearable computing for over a decade, even before Snapchat had a chat feature – and that his company’s AR glasses will be “infinitely more capable than Meta’s smart glasses.”

For the 222 S&P 500 members that have reported Q3 results, total earnings are up +10.7% from the same period last year on +8% higher revenues, with 83.8% beating EPS estimates and 77.9% beating revenue estimates.