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SOFI.NQ -11.45%
SOFI Technologies – Reported a wider than expected loss in its latest quarter, EPS was – 48 cents​​ per share vs. expectation for a loss of 5 cents per share. The company beat on revenue with $231.27 million​; analysts expected $218.60 million. The company increased its active account base to nearly 79 million, and raised nearly $2 billion in its successful transition to a public company.

DIS.NY 4.38%
Walt Disney Co – Swung to a profit in its most recent quarter as reopened parks provided a revenue bounce. Revenue in the parks and products division surged to $4.3 billion from $1.1 billion a year ago, as theme parks closed last year were open for part or all of this year’s quarter. Reported that its net income was $918 million in the three months through July 3, compared with a loss of $4.72 billion in its fiscal third quarter a year ago. Earnings per share came to 50 cents, or 80 cents excluding one-time items, while revenue climbed 45% to $17.02 billion.

RKT.NY 3.49%
Rocket Companies – Reported quarterly adjusted earnings of 46 cents​​ per share, narrowly missing expectations of analysts for earnings of 48 cents per share. Revenue fell 47.5% to $2.79 billion from a year ago; analysts expected $2.92 billion. The company reported quarterly net income of $61.12 million, its shares have fallen 9.0% this quarter and lost 8.9% so far this year.

WISH.NQ -25.61%
ContextLogic Inc – Posted disappointing second-quarter results that included everything from slumping demand for Wish’s products, a decline in users and buyers and greater-than-expected cost increases. Posted a loss of $111 million, or 18 cents a share, on $656 million in revenue, during the same period a year ago, when the company was still privately held, its $11 million, or 10 cents share, on $701 million in sales. The results also missed the forecasts of Wall Street analysts, who expected the company to lose 13 cents a share, on revenue of $723 million.

MRNA.NQ 1.82%
Moderna Inc – Along with fellow vaccine makers are all higher after the U.S. FDA authorized a booster dose of COVID-19 vaccines from Pfizer Inc and Moderna Inc for people with compromised immune systems. PFE, MRNA are expected to reap billions of dollars from booster shots. Shares of both are up about 2% premarket. MRNA, PFE

ABNB.NQ -2.35%
Airbnb Inc – Said Q3 bookings could be hit by the Delta variant of the coronavirus and now expects nights and experiences booked in Q3 to slow from Q2 and remain below 2019 levels. However, co posted a more than four-fold rise in bookings to $13.4 billion in Q2. Reported a quarterly net loss of -$0.11/share.

SPCE.NY -3.24%
Virgin Galactic Holdings – Lower this morning after reporting the open market sale of 10.4m shares in an offering.

Crypto Stocks – Trading higher today as a group as Bitcoin retests recent highs trading back above $46K and are set to record a fourth straight weekly gain. Coinbase Global is among the most actively traded after BOFA initiates coverage on the stock with a “Neutral” rating and a $273 PT. COIN, SI, MSTR, BTBT, ANY, BTB, BTCM, HUT, FTFT

BOXL.NQ 31.09%
Boxlight Corp – Shares of the education focused technology company are up sharply at a fresh six-week high after it reported Q2 revenue was up 497% to $46.8 mln and customer orders higher by 986% at $76 mln. BOXL forecast Q3 revenue at $60 mln, a near 533% rise from the corresponding quarter last year, the company overall reported a 4 cent loss per share in Q2 against analyst estimates of a loss of 5 cents.

VERO.NQ 15.31%
Venus Concept – Micro-cap medical equipment maker posted a smaller-than-expected quarterly loss on higher revenue YoY.

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