NEW YORK, July 25, 2026, 16:20 EDT — U.S. markets have ended the trading day.
- Snap Inc. NYSE:SNAP co-founder Evan Spiegel and Miranda Kerr have provided $550 million in face-value medical debt relief, aiding over 261,000 residents in California.
- Undue Medical Debt did not specify a contribution sum. Based on its 100-to-1 average, an initial estimate places the figure near $5.5 million.
- Amazon.com NASDAQ:AMZN shares declined 6.1% last week, while Snap dropped 4.0%. Amazon’s earnings are due July 30, with Snap set to report on August 3.
The $550 million amount reflects the value of debts cleared, not funds handed over. No $550 million cheque was mentioned. The donation from the couple was referred to solely…