Snap Plummets, Twitter Falls, Verizon Misses on Earnings and the Markets Look to Go "Fourth" 7/22/22
b'David Faber and Leslie Picker led off with the woes hitting social media stocks: Shares of Snap tumbling more than 30% after the Snapchat parent posted its weakest quarterly revenue growth since going public in 2017. At least a dozen Wall Street firms downgraded the stock. Jefferies analyst Brent Thill joined the program and discussed why he\'s maintaining a "Buy" rating on Snap, as well as his take on Twitter falling after it posted an unexpected quarterly loss. Also in focus: Verizon shares under pressure following a profit miss and lowered guidance, American Express as an earnings bright spot, and the broader markets looking to extend their daily win streak to four.'