Intel, Nvidia among top movers after Nasdaq and S&P surge

Good Morning Wake-Up Watchlisters! While you’re getting your hustle juice together you’ll see stock futures were up on Tuesday. Yesterday the Nasdaq and S&P 500 hit record highs, and today Federal Reserve Chairman Jerome Powell is scheduled for two days of testimony before Congress.

With potential market catalysts like Powell’s testimony coming up, you’ll want to see how our tacticians Bryan and Karim are playing these market moves in Catalyst Cash-Outs. Today they’ll going live to announce their latest pick.

Click here to join Bryan and Karim’s livestream at 2 p.m. EST.

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

Intel Corporation (Nasdaq: INTC)

Intel Corporation is up 3.47% in premarket trading after the chipmaker was highlighted in a note from Melius Research that said the company could have a strong second half of the year. The prediction was based on Intel playing catchup with other artificial intelligence companies as it builds out its infrastructure. The company has risen six out of the past seven sessions.

With more tech companies building out their AI infrastructure, Oxford Club’s Chief Investment Strategist Alexander Green just announced SEVEN tech stocks he believes could DOMINATE the markets in the next six years.

Click here to discover these AI super stocks.

Helios Technologies (Nasdaq: HLIO)

Helios Technologies is down 10.75% in premarket trading after the motion control engineering company made changes to its leadership team. Its board placed CEO and President Josef Matosevic on paid leave as it conducts an investigation into allegations of a potential violation of the company’s conduct and ethics code.

Kymera Therapeutics (Nasdaq: KYMR)

Kymera Therapeutics is up 5.65% in premarket trading after the pharmaceutical group announced that Sanofi intends to expand its Hidradenitis Suppurative and Atopic Dermatitis Phase 2 trials. The stock is up 26% on the year.

Nvidia (Nasdaq: NVDA)

Nvidia is up 1.2% in premarket trading after analysts at KeyBanc raised their target on the chip giant. Nvidia’s AI hardware continues to see strong demand for training artificial-intelligence models, and KeyBanc raised their price to $180 from $130 and maintained their Overweight rating.

Nvidia has been the most prominent artificial intelligence company over the last year – but do you know about its “Secret Partner?” There’s a little-known AI startup that could dominate the potential $25.6 trillion per year AI market in the coming year.

Click here to discover how you could get in BEFORE its potential 4,735% revenue surge in 12 months.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

More from Wake-up Watchlist