Friday, October 28, 2022

Another Rough One For Big Tech

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stocks slid on Friday after poor results from big tech companies. Contracts on the tech-heavy Nasdaq 100 slumped more than 1%. But despite the downturn, the S&P 500 is heading for a second week of gains for the first time since August.

While markets have improved over the last few weeks, there's still a chance for more pain ahead. See how Alpesh Patel, the leading Stock Market Forecasting Champion for the Financial Times, is helping investors turn this disastrous market into the biggest windfall of their lives.

Click here to discover the GVI indicator.

 

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

Amazon.com, Inc. (Nasdaq: AMZN)

Amazon is down 12.37% premarket after the retail giant missed on revenue and sales for its Amazon Web Services cloud business. Revenue came in at $127.1 billion versus $127.63 billion expected. The company also lowered guidance for the fourth quarter from $155 billion to $140 billion.

With the tech sector undergoing a shift, you'll want to see what our friend Andy Snyder is saying about the predicted $13 trillion tech boom in January 2023. Right now he's sharing insights into a stock that could be at the forefront of this revolution.

Click here to unlock this stock.

 

Pinterest (NYSE: PINS)

Pinterest is up 9.18% premarket after topping earnings expectations. The social media company was an outlier among other downbeat companies in its sector. Its ad business was still strong as users were engaging with the platform to take up inspiration for home renovation and recipe-based cooking. The growth was also fueled by Apple Inc.'s IOS 16 in September, according to finance chief Todd Morgenfeld.

 

BREAKING: Major Stock Price Upgrade to $280!

Putin on Stage
 

Source: WIkiMedia Commons

 

Thanks to a HUGE blunder by Vladimir Putin... Wall Street analysts say one unique energy stock is on track to soar from $30 to $280.

Check out the unusual situation right here.

Edwards Life Sciences (NYSE: EW)

Edwards Life Sciences is down 12.26% premarket after missing earnings. The tech company came out with earnings of $0.61 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.54 per share a year ago.

Earnings reports can lead to big swings in a stock. However, if you follow Insider Buying (the legal kind), you could set yourself up for profits.

See how Head Fundamental Tactician Karim Rahemtulla does this in his Insider Matrix.

 

CubeSmart (NYSE: CUBE)

CubeSmart is up 9.14% premarket after posting a strong earnings report. The real estate company came out with quarterly funds from operations of $0.66 per share, beating the Zacks Consensus Estimate of $0.65 per share. It posted revenues of $261.41 million for the quarter ending in September 2022, surpassing estimates by 2.79%.

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

"#1 Danger Besides Nuclear War"

Explosion of money
 

Inflation is crippling the economy... and squeezing average Americans like never before.

Warren Buffett's right-hand man calls it the biggest threat to the nation outside of nuclear war.

It's unleashing something called America's Reckoning... and the worst may still be to come.

Discover Why You Must Prepare Before November 4 (CLICK HERE)

No comments:

Page List

Blog Archive

Search This Blog

It's July 4th. You have until midnight.

America's 250th. The Freedom Event's last day. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ...