Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures rose on Thursday. A key inflation report is set to release today, and investors are on edge. If inflation has really hit its peak, it could signal a slowdown in the Federal Reserve's monetary tightening. Economists currently forecast inflation falling to 7.9% in October. Forget 'buying the dip' or 'holding for the long-term.' Thanks to high inflation and poor decisions by our leaders, our economy could be in for long-term pain. Right now our Head Fundamental Tactician Karim Rahemtulla is showing investors a $3 asset that actually pays you income and gives you the chance at a massive return. Click here to unlock this $3 alternative investment. Here's a look at the top-moving stocks this morning. Canoo Inc. (Nasdaq: GOEV) Canoo is up 17.09% premarket after the electric vehicle maker announced plans to acquire a manufacturing facility in Oklahoma City. The facility will produce Canoo's LDV and LV vehicles for delivery to customers in 2023. This looks like the beginning of scaled production for the young company. Electric vehicle companies continue to see consistent gains in the market. The EV market is predicated to be worth $7 trillion in the coming years and our friend Andy Snyder is pounding the table on this one $25 startup company. He even believes this company could overtake Tesla one day. Click here to discover this up-and-coming EV company. Digital Turbine (Nasdaq: APPS) Digital Turbine is up 23.21% premarket after surpassing earnings estimates. The company came out with earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This represents an earnings surprise of 6.25%. It also delivered an earnings surprise of 8.57% a quarter ago. |
Post a Comment
Post a Comment