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Western Digital guided for third-quarter revenue of $3.85 billion to $4.05 billion, with adjusted EPS of 55 cents to 75 cents. "Overall, Western Digital remains well-positioned across key growth segments within storage such as cloud and gaming," J.P. Morgan said in an analyst note. J.P. Morgan boosted its price target to $68 from $50 and rates the stock at Neutral. Wedbush reiterated its Outperform rating and boosted its target price to $68 from $60. - WSJ

Shares of the speaker maker exploded 15% on Thursday as it smashed sales and profit forecasts for its first fiscal quarter. The 15-year-old company delivered its second straight upbeat outlook for its current fiscal year, too. Here’s how Sonos fared compared to Wall Street estimates: Net Sales: up 15% year-over-year to $645.6 million versus $589.8 million estimate Adjusted EBITDA: up 78% year-over-year to $166.3 million versus estimates for $130 million Adjusted Diluted EPS: $1.17 cents a share versus estimates for 98 cents a share Full Year Guidance: Net Sales: $1.53 billion to $1.58 billion; previous $1.44 billion to $1.55 billion Adjusted EBITDA: $195 million to $225 million; previous $170 million to $205 million

Shares of Bumble Inc., the owner of the dating app where women make the first move, soared 67% in its trading debut to $72 at 1:03 p.m. in New York, valuing Chief Executive Officer Whitney Wolfe Herd’s stake at $1.5 billion. - Bloomberg

Investors overlooked a 53% decline in park revenue in thequarter and welcomed Disney+ streaming reaching 94.9 millionsubscribers. Shares rose 3.1% to $194 after they closed at anall-time high in regular trade. The "Star Wars"-inspired "Mandalorian" series and Pixar'sanimated "Soul" movie helped position the year-old Disney+ as acredible threat to the dominance of Netflix Inc in thestreaming video wars. - Bloomberg

Mastercard  is seeing more people using cards to buy crypto assets such as bitcoin. Is it time to join the wave and earn proceeds in the process ? Source: WSJ