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Streaming Company Surges 10%

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Trade of the Day Wake-Up Watchlist

Attention Traders: Bryan and Karim have a special announcement coming soon. Make sure to check your inbox over the next few days.

Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures were up on Wednesday. Optimism over the Federal Reserve's expected interest rate cuts is a big reason why. Cuts are hinted to start as early as March 2024, and recent earnings from major companies haven't dampened market sentiment despite mixed results.

With earnings season in full swing, we're already taking advantage in The War Room. Yesterday our Head Trading Tactician Bryan Bottarelli closed a 90% overnight winner on MMM and a 23% overnight winner on RTX.

Click here to see how Bryan's overnight strategy could double your money in less than 24 hours.

 

Here's a look at the top-moving stocks this morning.

Netflix (Nasdaq: NFLX)

Netflix is up 10.32% in premarket trading due to stronger-than-expected subscriber growth. In the fourth quarter of 2023, Netflix reported a 12.5% increase in revenue to $8.83 billion and an EPS of $2.11. This boost came from a substantial rise in global streaming memberships, with 13,120 thousand paid net memberships added, surpassing the average analyst estimate. The company also acquired the rights to start streaming live events for the WWE's Raw – their first major move into live streaming.

Earnings day can often serve as a catalyst for a stock's direction, but there are plenty more opportunities AFTER earnings for potential profit. Our Lead Technical Tactician Nate Bear focuses on what he calls the "post-earnings surge" in his latest service, Profit Surge Trader. Last week he closed a huge 163.89% winner on SMCI in 2 trading days, and on Monday he closed a 49.45% winner on AAP in 5 trading days.

Click here to get Nate's next Profit Surge pick.

 

Intuitive Surgical (Nasdaq: ISRG)

Intuitive Surgical is up 6.28% in premarket trading after beating earnings expectations. The increase was helped by strong growth in procedures using its robotic surgery system. The company reported a revenue of $1.93 billion, a 17% increase compared to $1.66 billion in the same quarter of 2022.

 

We Could Be Less Than 3 Months Away From an AI Super-Event

According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. Click here.

DuPont de Nemours (NYSE: DD)

DuPont de Nemours is down 10.75% in premarket trading after its latest earnings report. The company identified a triggering event as of December 31, 2023, which necessitated an impairment analysis of the Protection reporting unit within the Water & Protection segment. This analysis led to the expectation of recording a non-cash goodwill impairment charge in the range of $750 million to $850 million.

eBay, Inc. (Nasdaq: EBAY)

EBay's stock is up in 3.91% in premarket trading despite the company recently announcing significant layoffs and forecasting fourth-quarter results below expectations. eBay is reducing its workforce by around 1,000 roles, approximately 9% of its full-time employees, citing the need to align expenses with the growth of the business amid a challenging macroeconomic environment. The company's fourth-quarter revenue and profit projections fell short of Wall Street estimates due to softening consumer trends, especially in Europe, and rising competition.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

It's Called "the Singularity"

A new indicator shows "the Singularity" could launch as soon as three months from now. This is the moment we've all feared, when artificial intelligence officially surpasses human intelligence. And when the Singularity hits, the entire world will be thrown into chaos. Click here to learn how to prepare yourself for what's to come.

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