A $125 Million Acquisition

By George Banko

June 11, 2024

Attention Traders: It’s Tuesday and today Bryan and Karim will be going live to trade their latest market catalyst in Catalyst Cash-Outs.

Click here to get access to their weekly livestream.

Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures dipped on Tuesday. Indexes are receding from previous record highs as investors wait for a Federal Reserve meeting that could shift the path on interest rates. Investors now project just one reduction before the year’s end.

With the Fed not expected to change interest rates, our Head Trading Tactician Bryan got positioned on JPMorgan (JPM) yesterday in The War Room and closed a 12% winner in less than 1 hour.

Click here to see how Bryan makes winning trades in less than 24 hours in The War Room.

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

Apple (Nasdaq: APPL)

Apple is down 0.47% in premarket trading after unveiling its new Apple Intelligence, its long-awaited approach to artificial intelligence. A new AI-powered Siri will bring enhanced voice capabilities to Apple devices, and Apple also said OpenAI’s ChatGPT would be embedded into the next version of the company’s operating systems.

With AI emerging as a huge potential revenue driver for businesses, Oxford Chief Investment Strategist Alexander Green is revealing his “next magnificent seven” stocks. These are companies that he believes could dominate the markets thanks to the emergence of AI.

Click here to discover Alexander Green’s next “magnificent seven” companies.

Eli Lilly and Company (NYSE: LLY)

Eli Lilly is up 2.77% in premarket trading after the FDA voted to recommend its Alzheimer’s treatment. It voted to unanimously 11-0 to recommend the approval.

Yext, Inc. (NYSE: YEXT)

Yext is down 15.28% in premarket trading after the online-marketing platform reported a first-quarter loss that was higher than expected and reduced its outlook. Yext is also in talks to buy Hearsay systems, a financial service platform that helps engage customers.

DXC Technology (NYSE: DXC)

DXC Technology is up 2.98% in premarket trading after a buyout from Apollo Global and Kyndryl Holdings were in talks about a joint bid for the IT-services provider. Apollo and Kyndryl have discussed an acquisition offer for DXC of between $22 and $25 a shares, sources told Reuters.