| Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures rose on Thursday. The levels were boosted as investors grew confident the Federal Reserve's peak interest rate would be within levels already priced by the markets. US jobless claims data may help shine a light on the strength of the labor market, which has remained stubbornly high through the rate-hiking cycle. With recession fears looming, it's crucial to consider the potential amazing buying opportunities once prices drop. In The War Room, we use short and long trading strategies to help traders maximize their gains while minimizing risk. Click here to join The War Room. Here's a look at the top-moving stocks this morning. NVIDIA Corporation (Nasdaq: NVDA) NVDIA is up 8.10% premarket after its earnings report beat estimates on the top and bottom line despite a 46% year-over-year decline in gaming revenue. Revenue came in at $6.05 billion versus $6.02 billion expected. Data center revenue, which includes AI chips, grew 11% overall. Chips are now the ultimate source of economic power, and China is looking to dominate the chip market in the coming years. If they succeed, it could spell economic doom for the U.S. But there's reason to believe this US company could see a 525% increase as they look to stop China's chip dominance. Click here to unlock this US tech stock. Unity Software, Inc. (NYSE: U) Unity Software is down 8.24% premarket after shares fell in the extended session on Wednesday after the game-engine and app-monetization company's outlook fell short of Wall Street estimates on a weak mobile-ad market. Unity forecast revenue of $470 million to $480 million for the first quarter, and revenue of $2.05 billion to $2.2 billion for the year. Tech stocks have seen a massive fall in 2022, but there's good to reason to believe there's something new on the horizon. Immersive technologies like AI and ChatGPT are taking center stage, and our friend Andy Snyder believes there's one company at the center of this new tech revolution that could hand you life-changing profits. Click here to learn more about XRI. |
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