Oracle CEO Safra Katz cited a major increase in demand in the infrastructure cloud business as a reason for the numbers.Good morning Wake-Up Watchlisters! While you're sipping that coffee protein smoothie you'll see stock futures remain choppy after the market officially closed in bear territory on Monday. As the week goes on, all eyes will be on whether or not the Federal Reserve decides to hike interest rates. Want to know the best way to win in uncertain markets? Follow the money. Our Head Trading Fundamental Karim Rahemtulla shows you how to track what Wall Street's richest insiders are doing with their own money. Click here to learn more. Here's a look at the top-moving stocks this morning. Oracle (NYSE: ORCL)Oracle is up 13.65% premarket after its latest earnings report. The company beat earnings estimates with $11.84 billion actual revenue vs. $11.66 billion estimated revenue. Its adjusted earnings per share (EPS) was $1.54 vs. $1.38 estimated. Oracle CEO Safra Katz cited major demand in the infrastructure cloud business as a reason for the numbers. Keep an eye on Oracle going forward. New Fortress Energy (Nasdaq: NFE)New Fortress is up 9.12% premarket as the company continues to attract big money. In the last year, the stock attracted 14 Big Money buy signals. The company has also been growing sales at triple-digit rates, with a 3-year sales growth rate of 133.4%. New Fortress Energy is looking strong long-term. The renewable energy sector is undergoing a once-in-a-generation transformation. That's why our friend Andy Snyder is bullish on this $25 electric vehicle stock. This company could dominate the upcoming $7 trillion EV market. If you missed Tesla, you'll want to hear about this. Click here to learn more. Host Hotels & Resorts (Nasdaq: HST) Host Hotels & Resorts is up 19.67% premarket as optimism for the upcoming travel season continues. The company witnessed strong rates at resort properties. It also recently announced doubling its quarterly dividend. Keep an eye on Host Hotels & Resorts going forward. YETI Holdings (NYSE:YETI)Yeti is down 2.72% premarket as the company deals with recession worries. YETI makes one of the most expensive coolers around, typically costing around $300 to $400. As recession worries creep in, people might not be willing to pay top dollar for a cooler. The company also saw the slowest sales growth since 2020 last quarter, and if its guidance keeps up, it would be the slowest annual sales growth since 2019. Yeti is looking volatile. The Only Chart Pattern You'll Ever Need Whether the market is up or down, you can still increase your financial well being by following this simple chart. Our Head Trading Tactician Bryan Bottarelli breaks it all down for you. Click here to learn more. Those are the top market movers today. Happy trading! The Wake-Up Watchlist Research Team | 
Post a Comment
Post a Comment