Here's your economic news today: Snap Inc shares sank nearly 30% in premarket trading on Friday. Verizon Communications Inc posted a 23% slide in third-quarter profit and missed market estimates for wireless subscriber additions on Friday. US Treasury thinking about buying back bonds.
In this video:
0:00 Morning Jog 10-21-2022
00:25 Snap is down more than 25%.
01:30 Verizon's revenue is up, but profit drops.
02:45 U.S. Treasury is having issues with liquidity
#economicnewstoday #snapchatearnings #verizonnews #ustreasury
Good Morning! The Morning Jog is brought to you by Alex Klingelhoeffer from Exencial Wealth Advisors.
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Snap Inc. Crashes, Shares Sank More Than 25%
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