Snap’s Specs Gamble

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 17 June 2026

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

The smartphone could be a thing of the past if Snap has its way an Specs take over the market. But at $2,195 it could be a tall task selling these to consumers, even if they were stylish. Plus, we talk about Rivian’s layoffs and Eli Lilly’s latest acquisition. Travis Hoium, Lou Whiteman, and Rachel Warren discuss: - Snap’s new Specs - Rivian announces more layoffs - Eli Lilly’s acquisition spree continues Companies discussed: Snap (SNAP), Rivian (RIVN), Eli Lilly (LLY), Tesla (TSLA), Meta Platforms (META). Host: Travis Hoium Guests: Lou Whiteman, Rachel Warren Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Is the AR future here?
0:04.0	Motley Fool Hidden Gems Investing starts now.
0:09.7	Welcome to Motley Fool Hidden Gems Investing.
0:11.7	I'm Travis Hoham, joined today by Lou Whiteman and Rachel Warren.
0:14.7	And guys, we've got to talk about probably the most entertaining story of the week.
0:19.7	That is Snap introducing its new augmented reality glasses.
0:25.5	Lou, these seem to be right up your alley. I assume you're already in line to buy these
0:29.3	$2,200 AR glasses that look like there's a, there's like a reflective film on them.
0:39.5	How in the world does this product?
0:41.9	I'm actually a believer in the future of AR and VR.
0:47.5	We're kind of moving in that direction with a lot of different platforms like Google.
0:51.6	But this doesn't seem like it. And Snap just can't seem to be getting anything right at this point.
0:56.1	I'm not going to, you know, isolate Snap here. I don't get it for everyone. Okay. But definitely
1:01.5	with Snap. This seemed like a bad Saturday Live sketch. If you watch Evan, Evan Spiegel talking
1:08.8	about this on CNBC. Was it CBC or Saturday Live? I'm not sure.
1:13.1	You know, the expression of the beatings, the beatings will continue until morale improves.
1:18.4	I feel like the goal here now is for this whole industry to keep telling us that it's inevitable
1:22.8	until the consumer somehow got it gets brainwashed into thinking, oh, I guess I have to buy these.
1:28.5	I'm skeptical.
1:29.8	Spiegel's pitch here is after two decades with the smartphone,
1:33.4	quote, people are ready to think about computing differently.
1:37.1	My take on that is after two decades at the smartphone,
	...

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