| Attention Readers: The 2024 election is almost one year away, and we're letting you in on a special event happening next February at an enchanting five-star resort on California's Pacific coast. Nearly two dozen of the greatest financial minds will be there, and if you're worried about your candidate not getting elected, you'll want to check this out. Click here to discover the "2024 Election Year Profit Plan." Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were up on Friday. Tech stocks came in strong, with Intel and Amazon easing worries (more on that below). The lift was much-needed after a sell-off earlier this week that led to the S&P 500 flirting with correction territory. All eyes will now be on an update to the personal consumption expenditures index – the Federal Reserve's preferred inflation gauge. Here's a look at the top-moving stocks this morning. Intel Corporation (Nasdaq: INTC) Intel Corporation is up 7.20% premarket after reporting strong third quarter earnings. The chipmaker beat analyst's expectations on the top and bottom lines and provided profitable Q4 guidance for the first time in three years. Intel's third quarter revenue came in at $14.2 billion with adjusted earnings per share of $0.41. Analysts were expecting revenue of $13.5 billion. While everybody was fixated on MSFT and GOOG, our Head Trading Tactician Bryan Bottarelli got into a 2-sided overnight trade on INTC in The War Room. Click here to unlock that trade. Amazon (Nasdaq: AMZN) Amazon is up 6.46% premarket after earnings and bullish comments around artificial intelligence. CEO Andy Jassy told analysts on the earnings call that AI represents an opportunity worth "tens of billions" for Amazon's cloud business, Amazon Web Services. This year, AWS launched its Bedrock AI service, which is built on advanced language model processes. Overall, Amazon's sales were up 12% year-over-year and the division's operating income is also on the upswing. With earnings season underway, you'll want to consider our Lead Technical Tactician Nate Bear's Profit Surge Trader service. Nate specializes in trading ONE STOCK over and over again after earnings by focusing on the "post-earnings surge." Click here to learn more about One Ticker Payouts. |
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