Snap, SVB Financial fall, HCA, Schlumberger rise

Jul 22, 2022, 1:13 PM | Updated: 1:41 pm

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:

Snap Inc., down $6.39 to $9.96.

The operator of the Snapchat app reported a worse loss and weaker revenue for the spring than Wall Street forecast.

American Express Co., up $2.83 to $153.01.

The credit card issuer reported a massive surge in spending on its cards, propelling it past analysts’ profit targets.

SVB Financial Group, down $74.81 to $361.36.

The banking company reported earnings and revenue that fell far short of Wall Street’s forecasts.

Seagate Technology Holdings PLC, down $6.78 to $76.83.

The data storage company said anti-COVID measures in Asia and a slowing global economy hit its results, which fell short of forecasts.

HCA Healthcare Inc., up $20.72 to $202.03.

The operator of hospitals delivered better results than Wall Street forecast.

Schlumberger NV, up $1.44 to $35.07.

The oilfield engineering company reported stronger profits than analysts had expected for the latest quarter.

Verizon Communications Inc., down $3.21 to $44.45.

The nation’s largest wireless carrier reported weak profit and cut its forecast for earnings this year.

Twitter Inc., up 32 cents to $39.84.

The social media company reported a loss and declining revenue even as the number of people using the platform grew.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Several hundred students and pro-Palestinian supporters rally at the intersection of Grove and Coll...

Associated Press

Pro-Palestinian protests sweep US college campuses following mass arrests at Columbia

Columbia canceled in-person classes, dozens of protesters were arrested at New York University and Yale, and the gates to Harvard Yard were closed to the public Monday.

2 days ago

Ban on sleeping outdoors under consideration in Supreme Court...

Associated Press

With homelessness on the rise, the Supreme Court weighs bans on sleeping outdoors

The Supreme Court is wrestling with major questions about the growing issue of homelessness as it considers a ban on sleeping outdoors.

2 days ago

Arizona judge declares mistrial in case of rancher who shot migrant...

Associated Press

Arizona judge declares mistrial in the case of a rancher accused of fatally shooting a migrant

An Arizona judge declared a mistrial in the case of rancher accused of killing a Mexican man on his property near the U.S.-Mexico border.

2 days ago

Donald Trump appears in court for opening statements in his criminal trial for allegedly covering u...

Associated Press

Trump tried to ‘corrupt’ the 2016 election, prosecutor alleges as hush money trial gets underway

Donald Trump's criminal trial in New York over alleged hush money payments started with opening statements on Monday.

2 days ago

This satellite image from Planet Labs PBC shows Iran's nuclear site in Isfahan, Iran, April 4, 2024...

Associated Press

Israel, Iran play down apparent Israeli strike. The muted responses could calm tensions — for now

Israel and Iran are both playing down an apparent Israeli airstrike near a major air base and nuclear site in central Iran.

5 days ago

Speaker of the House Mike Johnson, R-La., talks to reporters just after lawmakers pushed a $95 bill...

Associated Press

Ukraine, Israel aid advances in rare House vote as Democrats help Republicans push it forward

The House pushed ahead Friday on a foreign aid package of $95 billion for Ukraine, Israel, Taiwan and other sources of humanitarian support.

5 days ago

Sponsored Articles


Condor Airlines

Condor Airlines can get you smoothly from Phoenix to Frankfurt on new A330-900neo airplane

Adventure Awaits! And there's no better way to experience the vacation of your dreams than traveling with Condor Airlines.



Desert Institute for Spine Care is the place for weekend warriors to fix their back pain

Spring has sprung and nothing is better than March in Arizona. The temperatures are perfect and with the beautiful weather, Arizona has become a hotbed for hikers, runners, golfers, pickleball players and all types of weekend warriors.



Here are 5 things Arizona residents need to know about their HVAC system

It's warming back up in the Valley, which means it's time to think about your air conditioning system's preparedness for summer.

Snap, SVB Financial fall, HCA, Schlumberger rise