Joby Aviation ($JOBY) – To start your morning off, we have probably the craziest thing you'll hear all day; Joby Aviation, a flying car / air taxi company, went public recently via SPAC and got a solid 26.3% bump yesterday. That's right, an actual flying car company, straight out of a 1950s futuristic movie. Obviously the company is pre-revenue, because you definitely would've heard about it if not, but it is backed by Uber and some other big players, with hopes of ferrying you around the skies by 2024. We live in the future, it's confirmed.
fuboTV ($FUBO) – FuboTV CEO David Gandler threw an all out rager last night after his company posted earnings that even Squidward Tentacles would be happy about. "Eye popping" and "soaring over" expectations were just a few phrases the media used to describe the company's performance, which is funny because they actually missed on EPS. But it's 2021 and earnings have lost all meaning. Their 138% paid subscriber growth and $10mm revenue beat was enough to jack the stock up 10.9% yesterday.
Unity Software ($U) – Following in Fubo's footsteps, Unity also knocked earnings out of the park. Beating revenue expectations, net income, and adjusted EPS, shares gained 13.0% on the day, a rare instance of a Reddit favorite actually performing well. Analysts grew extremely bullish around management's forward guidance revision, roughly 5% greater than previous guidance. Shareholders surely had Ice Cube stuck in their head all day thinking "Today was a good day."