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Trade of the Day Wake-Up Watchlist

Attention Traders: We just announced the date and time of our 2nd annual Bootcamp at Monument Traders Alliance.

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Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures fell on Tuesday. Major retailer Walmart (WME) reported earnings this morning and the stock popped on upbeat news. Walmart's results are often considered the bell cow of consumer spending, and investors will be watching how the market reacts.

Last week our Head Trading Tactician Bryan Bottarelli demonstrated the potential rewards of getting in on a stock just before earnings. Last Friday he closed a massive 154.35% winner on DBX in less than 1 trading day.

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

Discover Financial Services (NYSE: DFS)

Discovery Financial Services is up 13.58% in premarket after the announcement of an acquisition deal by Capital One. Capital One has agreed to purchase Discover Financial Services in an all-stock transaction valued at more than $35 billion. This deal positions the companies to create the largest U.S. credit card issuer by loan volume.

 

Globalfoundries (Nasdaq: GFS)

Globalfoundries is up 7.61% premarket after the U.S. government awarded the company $1.5 billion to subsidize semiconductor production. This funding is part of a larger $39 billion fund approved by Congress in 2022 to bolster domestic chip production. The grant will support the construction of a new semiconductor facility in Malta, New York, and the expansion of existing operations in Burlington, Vermont, aiming to generate a total potential investment of $12.5 billion across the two states.

The AI sector has been a major focus of our Lead Technical Tactician Nate Bear in Daily Profits Live. Last week Nate closed a 98.33% winner on ARM in less than 1 trading day.

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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.

SSR Mining Inc. (Nasdaq: SSRM)

SSR Mining is down 8.96% in premarket trading. The drop is linked to Turkey's plans to impose a fine on the company's local unit due to alleged violations of environmental regulations. A recent landslide led to about 10 million cubic meters of mined material shifting. The mine's envrionmental permits were revoked following a public outcry over the incident.

Tesla (Nasdaq: TSLA)

Tesla is down 1.50% premarket. The premarket drop can be attributed to a note from JP Morgan, which expressed concerns about the company's rapid stock rise amidst various uncertainties in its business. The note highlighted worries about Tesla's margin trajectory, particularly in light of recent significant price reductions, suggesting that consensus margin expectations might need to be adjusted downwards.

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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