You Want Donuts With That?

Good Morning Wake-Up Watchlisters! While you’re back at the McDonald’s Drive-Thru asking when they’ll start serving Krispy Kreme’s (more on that below) you’ll see stock futures were up on Wednesday after three straight days of decline. The rebound came as we move closer to the PCE price index reveal, which is expected to have risen 0.4% in February and 2.5% on an annual basis. Despite the projections, Traders still see a 70% chance the Fed will begin its easing cycle in June.

No matter what the PCE says, we’ll be ready in The War Room with winning strategies for any market. Last week Bryan and Karim closed 10-of-10 trades for winners, including a 35.87% gain on VRT in 3 trading days.

Click here to learn more about one of their favorite trade patterns for volatile markets.

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

nCino, Inc. (Nasdaq: NCNO)

nCino is up 12.49% in premarket trading after the financial software company came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.12 per share. It also posted revenues of $123.69 million for the quarter.The boost came after a 16% increase in subscriptions for the fourth quarter.
It’s no secret tech companies pouring money into Ai could lead to a change in stock price, and yesterday in Daily Profits Live our Lead Technical Tactician Nate Bear noticed an “A+ setup” on another cloud company using his exclusive trading software.

Trump Media & Technology Group Corp. (Nasdaq: DJT)

Trump Media is up 10.69% in premarket trading after the parent company to Trump’s Truth Social debuted on the Nasdaq. Trump’s latest IPO offering is seeing intraday gains of over 40% since its first day of trading, showing meme stock behavior.

GameStop Corp. (NYSE: GME)

GameStop is down 18.19% in premarket after the video game retailer said it had to cut a unspecified number of jobs to cut costs. Rising competition and weak consumer demand played a role in lower fourth quarter revenue. Increased digital downloads also contributed to the lower demand for in-store visits.

Krispy Kreme Inc. (Nasdaq: DNUT)

Krispy Kreme is up 4.38% premarket after the donut company announced an expanded partnership with McDonald’s. The partnership will introduce Krispy Kreme donuts to the fast food giant nationwide by the end of 2026.