Discovering Premarket Gains…
Attention Traders: We just announced the date and time of our 2nd annual Bootcamp at Monument Traders Alliance.
Click here to learn more about this exclusive live event.
Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures fell on Tuesday. Major retailers Walmart (WME) and Home Depot (HD) are set to report earnings today. Walmart’s results are often considered the bell cow of consumer spending, and investors will be watching closely. Major AI stock Nvidia also reports tomorrow.
Last week our Head Trading Tactician demonstrated the potential rewards of getting in on a stock just before earnings. Last Thursday he closed a massive 154.35% winner on DBX in less than 1 trading day.
Click here to see how Bryan’s overnight trading strategy could double your money overnight.
Here’s a look at the top-moving stocks this morning.
Discover Financial Services (NYSE: DFS)
Discovery Financial Services is up 13.58% in premarket after the announcement of an acquisition deal by Capital One. Capital One has agreed to purchase Discover Financial Services in an all-stock transaction valued at more than $35 billion. This deal positions the companies to create the largest U.S. credit card issuer by loan volume.
Globalfoundries (Nasdaq: GFS)
Globalfoundries is up 7.61% premarket after the U.S. government awarded the company $1.5 billion to subsidize semiconductor production. This funding is part of a larger $39 billion fund approved by Congress in 2022 to bolster domestic chip production. The grant will support the construction of a new semiconductor facility in Malta, New York, and the expansion of existing operations in Burlington, Vermont, aiming to generate a total potential investment of $12.5 billion across the two states.
The AI sector has been a major focus of our Lead Technical Tactician Nate Bear is Daily Profits Live. Last week Nate closed a 98.33% winner on ARM in less than 1 trading day.
