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Trade of the Day Wake-Up Watchlist

Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures posted small gains on Tuesday. Several economic readings are in focus this week, including the Fed's favorite inflation indicator due on Thursday. Overall, markets are preparing for a delay in Fed rate cuts from March to June or July after hotter-than-expected inflation data and job numbers.

It's almost Wednesday, and every week our Head Trading Tactician Bryan Bottarelli makes one trade that he's guaranteeing an 80% win rate on. This trade takes advantage of a unique market phenomenon and all Bryan needs is 7 minutes to make the trade.

Click here to get tomorrow's pick.

 

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

Zoom Video Communications (Nasdaq: ZM)

Zoom Video Communications is up 13.36% in premarket, primarily due to its impressive fourth-quarter earnings report. The company reported adjusted earnings per share of $1.42, significantly exceeding analysts' estimates of $1.15. Analysts say Zoom Video could make an acquisition to spur growth since it currently has $7 billion on its balance sheet.

 

CAVA Group, Inc. (NYSE: CAVA)

CAVA group is up 8.36% in premarket after full year revenue surged by 59.8%, reaching $717.1 million. CAVA also reported robust same restaurant sales growth of 17.9% for the year. Overall, CAVA opened 72 restaurants in fiscal 2023, expanding its footprint by 30%.

 

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.

Unity Software (NYSE: U)

Unity Software's stock is down 15.36% in premarket trading primarily due to the company posting wider than expected losses. The software company announced a "reset" after an attempt to impose a new "runtime fee" pricing left developers frustrated. The reset will include workforce reduction in the first phase.

Workday, Inc. (Nasdaq: WDAY)

Workday is down 4.69% premarket after coming out with earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $0.99 per share a year ago. The company also reiterated 2025 subscription revenue guidance.

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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