Attention Traders: It's Thursday and our Head Trading Tactician Bryan Bottarelli has a special bonus video for you. Today he's going over his fourth big prediction for 2024. You won't want to miss this. Click the image below to learn more. Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see U.S. stock futures were up and down on Thursday as investors dealt with a new batch of company reports (more on those below). Despite the volatility, traders are still pouring into big tech stocks, with the S&P 500 hitting a fresh high on Wednesday and is now over 5,000 as of this morning. Here's a look at the top-moving stocks this morning. Confluent (NYSE: CFLT) Confluent is up 24.57% in premarket trading following a strong Q4 report. The company showcased significant growth, with a 26% increase in revenue to $213 million for the quarter. Notably, Confluent achieved its first positive non-GAAP operating margin in Q4 and improved its free cash flow to $6.8 million. Our Head Trading Tactician Bryan Bottarelli got positioned on CFLT in The War Room yesterday. Click here to see how Bryan's overnight trading strategy could double your money while you sleep. Arm Holdings (Nasdaq: ARM) Arm Holdings is up 25.10% in premarket trading due to strong forecasts linked to the AI-driven demand for new chip designs. This demand is expected to increase royalties for Arm, a key player in chip blueprint sales. The company's success in the AI sector is propelling it towards adding nearly $20 billion in market value. Arm's innovative approaches in processors for AI work in data centers, alongside new laptops and smartphones capable of handling AI features, are significant factors in this growth. Artificial Intelligence continues to change the world as companies and countries try to get as much of their hands on this new tech as possible. Our Lead Technical Tactician Nate Bear has made tech stocks a major focus of his trading in Daily Profits Live. This week he got positioned on a cloud-based finance company. Click here to see how Nate uses his unique TPS trading system to trade tech stocks. |
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