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of Snap Maps, which lets users pull up a map that shows where Stories are being posted locally and around the world.By utilizing Drop's IP, Snapchat could further augment its Maps feature, allowing its users to discover location-based messages with the Snap Map or Snapchat's AR lenses. Against this backdrop, the Dow Jones Industrial Average has briefly tagged an all-time high early Wednesday, while the S&P 500 holds within striking distance of a corresponding record peak. stocks are firmly higher early Wednesday, rising after dovish-leaning remarks from Federal Reserve Chair Janet Yellen.Here is your Investing Action Plan for Thursday: What you need to know as an investor.[ibd-display-video id=2073405 width=50 float=left autostart=true]IPOs and competition from FANG stocks Facebook (FB), (AMZN) and Google-parent Alphabet (GOOGL) factor into a variety of earnings reports due Thursday, from Snap (SNAP), Blue Apron (APRN), three big department stores and digital advertising platform The Trade Desk (TTD).Mehr attended business school at the University of California at Berkeley, but he dropped out to work on Zoosk.

However, given that Snapchat users are already comfortable using location to add Geofilters to their content, Snap could have an advantage when it comes to consumers trusting apps with their location data.This is due to the company overspending on expansion and overhiring.The company was also operating on the start-up principle that profits do not matter.By utilizing Drop's IP, Snapchat could further augment its Maps feature, allowing its users to discover location-based messages with the Snap Map or Snapchat's AR lenses.Here’s how: As the line between the digital and physical worlds becomes increasingly blurry, location-based services could be Snap’s best bet.

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