Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures dipped on Wednesday. Investors are awaiting a readout of the Federal Reserve's latest minutes. Overall, the Federal Reserve is still hawkish on inflation and that's creating more uncertainty in the markets. Teams at Goldman Sachs now believe the Fed will raise rates three more times this year. When markets are down like they are now, best buying opportunities often present themselves. In The War Room, we use strategies that help members make winning trades no matter which direction a stock goes. We have a 81% win rate in 2023 and right now we're guaranteeing members receive 252 winning trades in their first 12 months. Click here to join The War Room. Here's a look at the top-moving stocks this morning. Palo Alto Networks (NYSE: PANW) Palo Alto Networks is up 9.95% premarket after its total revenue for the fiscal second quarter 2023 grew 26% year over year to $1.7 billion. Shares of the cybersecurity company are up about 20% amid an overall rise in tech equities. As a whole, cybersecurity firms have held up well compared to the rest of tech stocks. The cybersecurity sector has been on the rise, and for good reason. Our computers and data are constantly under threat. And as US tensions with China continue to grow, there could be another stock in the tech sector that could surge as much as 525%! Click here to discover this U.S. chipmaker stock. CoStar Group, Inc. (Nasdaq: CSGP) CoStar Group is down 16.73% premarket after it was revealed the company is out of the Realtor.com sweepstakes. CoStar is no longer in the running to acquire Realtor.com, CEO Andy Florance confirmed Tuesday in an earnings call. News Corp (NWSA), which owns an 80% stake in Realtor.com, said it was in talks for a sale, but also issued a statement saying it is "no longer engaged in discussions" with D.C.-based CoStar. |
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