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FB.NQ 1.14%
Facebook Inc – Posted profits of $9bn in its latest quarter even as the company continues to face bad press and scrutiny by the US Congress over leaked internal documents. The social media giant registered a 6 percent increase in daily active users during this period and a revenue growth to about $29bn. The profits are up from the $7.8bn during the same quarter last year. While EPS beat marginally, revenue came in below estimates. FB also said it expects its investment in the metaverse to reduce its profits by ‘approximately $10 billion’ this year.

TSLA.NQ -0.95%
Tesla Inc – Topped the $1 Trillion dollar market cap mark for the first time yesterday rallying to another record high. The move followed news that car rental company Hertz said it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology.

BKKT.NY 69.08%
Bakkt Holdings – Back on the move in premarket trading after doubling yesterday, the NYSE parent ICE recent spin off saw its shares soar after announcing a partnership with Mastercard that will enable Mastercard’s network of banks, merchants, and fintechs to integrate cryptocurrency services into their products, allowing more consumers to use crypto for purchases.

UPS.NY 4.55%
United Parcel Service – Q3 profit beats expectations, jumps 23% y-o-y on high e-commerce demand; Q3 rev also tops estimates. The company also raised its full-year adjusted operating margin target to about 13% from about 12.7%, ahead of the holiday season. Revenue from UPS’ U.S. operations, its biggest segment, rose 7.4% to $14.21 billion. The company’s third-quarter operating profit rose to about $2.9 billion, or $2.65 per share, in the third quarter ended Sept. 30, from $2.36 billion, or $2.24 per share, a year earlier. Revenue rose 9.2% to $23.18 billion, beating expectations of $22.56 billion.

PROG.NQ 8.28%
Progenity Inc – The company that has gained popularity on retail trading focused forums and has been recent high flyer is trading sharply higher this morning. The company announced it has reduced its outstanding debt by $20.175 Million through a private exchange of $20.175 million of its 7.25% convertible senior notes due 2025.

DWAC.NQ -8.05%
Digital World Acquisition Corp – Along with other recent symbols tied to Trump Media, PHUN, MARK, CRTD are trading sharply lower premarket extending declines from Monday. Yesterday we learned short seller Iceberg Research had initiated a short position in the stock saying on Twitter “initial excitement has passed” and that there are only “risks” ahead for the foreseeable future. DWAC, PHUN, MARK, CRTD

DKNG.NQ 8.71%
Draftkings Inc – Reuters is report that following further analysis and discussions with UK based Entain’s board of directors, it will not make a firm offer for the company.

RDBX.NQ 91.34%
Redbox Entertainment Inc – Small cap investment holdings company that recently completed its SPAC conversion is sharply higher premarket in its second day of trading. 21m share free float.

COIN.NQ 1.49%
Coinbase Global – Multiple positive analyst moves on the stock, announced a multiyear partnership with the National Basketball Association (NBA). The deal includes other leagues of the NBA, Women National Basketball Association (WNBA), NBA G league, NBA 2K league and USA Basketball as well. Coinbase Global became the exclusive cryptocurrency form to ink such a deal.

EQOS.NQ 65.74%
Diginex Ltd – The company said its Eqonex crypto exchange has listed the Polkadot token on its platform.

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