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TWTR.NY 4.33%
Twitter Inc – Reported higher revenue growth than Wall Street had expected while also rolling out ad targeting improvements and said changes by Apple to keep iPhone user data private had hit ad revenue less than anticipated. Advertising revenue totaled $1.05 billion, up 87% from the year-ago quarter, and beat Wall Street estimates of $909.9 million. Twitter reported 206 million monetizable daily active users matching analyst targets of 205.9 million. Total revenue, which also includes revenue the company earns from data licensing, rose 74% year-over-year to $1.19 billion, beating analyst estimates of $1.07 billion.

SNAP.NY 16.90%
Snap Inc – Reported its highest revenue and user growth numbers since 2018, adjusted earnings per share were 10 cents vs. 1 cent loss expected. Revenue came in at $982 million vs. $846 million expected, global daily active users (DAUs): 293 million vs. 290.3 million and average revenue per user (ARPU) $3.35 vs. $2.92 per estimates.

INTC.NQ -2.50%
Intel Corp – Shares are lower to start after the chipmaker posted Q2 results, beating expectations on strong semiconductor demand. Intel reported GAAP $19.6 billion in revenue for the second quarter, coming in at $1.24 per share. Much of the revenue was the result of a 33% year-over-year increase in PC platform volumes. The company also raised its full-year 2021 guidance to $77.6 billion GAAP, and $73.5 billion non-GAAP. This is an increase of $1 billion over original guidance.

Chinese Education Co’s – TAL Education, New Oriental and Gaotu Techedu all plunge on reports from Bloomberg news that China is considering asking tutoring companies to turn into non profits. TAL, EDU, GOTU

DIDI.NY -10.39%
DiDi Global Inc – Continues to slide adding to big losses from yesterday’s session in wake of report China is weighing serious penalties for the ride-hailing giant. DIDI shares on Thurs dropped 11.3% to $10.20 after Bloomberg News reported Chinese regulators considering a fine, suspension of certain operations or introduction of a state-owned investor. Co’s decision to move forward with its IPO despite pushback from the Cyberspace Administration of China (CAC) viewed by regulators as challenge to Beijing’s authority, the report quoted sources as saying.

AXP.NY 3.31%
American Express Co – American Express Co AXP.N beat estimates for second-quarter profit on Friday as increased consumer spending and an improving economy prompted it to release more funds from its loan-loss reserves. Net income rose to $2.28 billion, or $2.08 per share vs. $1.67 per share estimates. The credit card issuer posted a benefit of $606 million due to the release of $866 million from its loan-loss reserves. Excluding interest expense, AmEx’s total revenue rose 33% to around $10.24 billion.

FB.NQ 3.02%
Facebook Inc – Benefitting from fellow social media stocks positive earnings up nearly 3% premarket at fresh all-time highs.

ALZN.NQ 59.06%
Alzamend Neuro Inc – Receives positive results for its AL002 in a GLP Toxicology Study using a transgenic mouse model of Alzheimer’s Disease.

SCKT.NQ 78.45%
Socket Mobile – Reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended in June. The lone analyst forecast for the quarter was for earnings of 3 cents per share. Revenue was $5.95 million​; analysts expected $4.07 million. Socket Mobile Inc’s reported EPS for the quarter was 27 cents​.

ACOR.NQ 41.21%
Acorda Therapeutics – The company said it has entered into distribution and supply agreements with Esteve Pharmaceuticals S.A to commercialize ACOR’S INBRIJA 33 mg capsule in Spain.

NRXP.NQ 32.52%
NRX Pharmaceuticals – Day 2 trading higher after announcing a commercial formulation for a new COVID-19 drug yesterday.

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