U.S. STOCKS ON THE MOVE-Snap, Schlumberger, American Express, social media stocks

Digital Turbine

22/07/2022 14:25

* Eikon search string for individual stock moves:  STXBZ 
    * The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi
    * The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh

The S&P 500 and the Nasdaq headed for a lower open on Friday with social media
and ad tech firms leading declines after dismal quarterly revenues from Twitter
and Snap, while an upbeat forecast from American Express looked set to boost the
Dow.  .N 
    
    At 09:09 ET, Dow e-minis  1YMc1  were up 0.31% at 32,105. S&P 500 e-minis
 ESc1  were down 0.09% at 3,997.75, while Nasdaq 100 e-minis  NQc1  were down
0.32% at 12,599.75.
 
 The top three NYSE percentage gainers premarket  .PRPG.NQ :
 ** GSK Plc  GSK.N , up 28.4%
 ** Hanger Inc  HNGR.N , up 25.1%
 ** Community Health Systems Inc  CYH.N , up 15.8%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Snap Inc  SNAP.N , down 32.2%
 ** Boqii Holding Ltd  BQ.N , down 9.4%
 ** Studio City International Holdings Ltd  MSC.N , down 9.3%
 
 The top two Nasdaq percentage losers premarket  .PRPL.O :
 ** VistaGen Therapeutics Inc  VTGN.O , down 81%
 ** Boxlight Corp  BOXL.O , down 46.7%
 
 
 ** American Express Co  AXP.N : up 6.2% premarket
BUZZ- Rises on upbeat revenue outlook  urn:newsml:reuters.com:*:nL4N2Z32AY
 ** Verizon Communications Inc  VZ.N : down 4.1% premarket
BUZZ- Falls with earnings on tap  urn:newsml:reuters.com:*:nL1N2Z21UO
BUZZ- Down after cutting annual profit forecast  urn:newsml:reuters.com:*:nL4N2Z3292
    
 ** Twitter Inc  TWTR.N : down 1.5% premarket
 BUZZ- Slides as Q2 revenue falls, cites uncertainty around Musk deal
 urn:newsml:reuters.com:*:nL4N2Z329D
 ** Snap Inc  SNAP.N : down 32.2% premarket
 BUZZ- Sinks as ad spending slowdown hits revenue  urn:newsml:reuters.com:*:nL4N2Z31UW
    
 ** Tesla Inc  TSLA.O : up 1.5% premarket
 BUZZ-JPM raises PT on Tesla after Q2 results  urn:newsml:reuters.com:*:nL4N2Z31VH
    
 ** Meta Platforms Inc  META.O : down 5.4% premarket
 ** Pinterest Inc  PINS.N : down 7.4% premarket
 ** Global X Social Media ETF  SOCL.O : down 2.9% premarket
 BUZZ- Social media stocks fall as Snap sounds ad spending alarm  urn:newsml:reuters.com:*:nL4N2Z31WS
    
 ** Seagate Technology Holdings PLC  STX.O : down 10.5% premarket
 BUZZ- Falls on production outlook, drags Micron, Western Digital lower
 urn:newsml:reuters.com:*:nL4N2Z31Z4
    
 ** Intuitive Surgical Inc  ISRG.O : down 9.5% premarket
 BUZZ- Slumps after results miss  urn:newsml:reuters.com:*:nL4N2Z31ZE
    
**Trade Desk Inc  TTD.O : down 7.6% premarket
**Digital Turbine Inc  APPS.O : down 7.6% premarket
**PubMatic Inc  PUBM.O : down 5.3% premarket
**Taboola.com Ltd  TBLA.O : down 1.6% premarket
 BUZZ- Ad-tech stocks fall after Snap's warning on ad spend slowdown
 urn:newsml:reuters.com:*:nL4N2Z321Z
    
 ** Addex Therapeutics Ltd  ADXN.O : down 11.4% premarket
 BUZZ- Falls after $4.2 mln equity raise from healthcare fund  urn:newsml:reuters.com:*:nL4N2Z322C
    
 ** Aurinia Pharmaceuticals Inc  AUPH.O : up 3.2% premarket
 BUZZ- Jumps after EU regulator approves lupus nephritis drug  urn:newsml:reuters.com:*:nL4N2Z325H

 ** Schlumberger NV  SLB.N : up 2.9% premarket
 BUZZ- Gains on Q2 beat, revenue forecast  urn:newsml:reuters.com:*:nL4N2Zx327S
    
 ** Autoliv Inc  ALV.N : up 3.3% premarket
 BUZZ- Up after Q2 profit beats expectations  urn:newsml:reuters.com:*:nL4N2Z321F
    
 ** Silverback Therapeutics Inc  SBTX.O : down 10.9% premarket
 BUZZ- Down after merger deal with ARS Pharma  urn:newsml:reuters.com:*:nL4N2Z329B
    
 ** Boston Beer Co  SAM.N : down 7.8% premarket
 BUZZ- Cuts earnings forecast on falling hard seltzer demand  urn:newsml:reuters.com:*:nL4N2Z329X
    
 ** HCA Healthcare Inc  HCA.N : up 13.8% premarket
 BUZZ- Hospital operators HCA, Tenet surge on upbeat Q2 profit  urn:newsml:reuters.com:*:nL4N2Z32AG

 (Compiled by Rajarshi Roy and Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com))