Good morning Wake-Up Watchlisters! While you’re sippin coffee you’ll see stock futures were up on Thursday as new data showed cooling inflation in Europe. More inflation data due today is expected to show the Fed’s preferred inflation metric (the personal consumption expenditures price index) decelerated in October to its slowest annual rate since early 2021. These latest findings could provide support for a soft landing for the U.S. economy.

With the markets trending up, our Head Trading Tactician Bryan Bottarelli has been on fire in The War Room. Yesterday he closed two double-digit winners, including a 40% winner on FL in less than 24 hours and a 62% winner on CVNA in less than 24 hours.

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

Pure Storage (NYSE: PSTG)

Pure Storage is down 15.92% premarket after the enterprise storage company missed estimates. The data storage company lost 12% and anticipates fourth-quarter revenue will come in at $72.8 million, below the $918.7 million analysts had expected.

Our Head Trading Tactician Bryan Bottarelli got positioned on PSTG yesterday in The War Room.

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Salesforce (NYSE: CRM)

Salesforce is up 9.61% premarket after the software giant added 7% after releasing third-quarter adjusted earnings of $2.11 per share, higher than the $2.06 per share analysts were expecting. The company’s third-quarter revenue of $8.72 billion fell in line with expectations.

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Nutanix, Inc. (Nasdaq: NTNX)

Nutanix is up 8.52% premarket after shares of the cloud company reported adjusted earnings of 29 cents per share, higher than the 17 center per share analysts had expected. Revenue also came in at $511 million, which was above the anticipated $501 million.

Snowflake (NYSE: SNOW)

Snowflake is up 8.29% premarket after its latest earnings report. The cloud company posted revenue of $734.2 million, which was a 32% increase. For the quarter ending in January, Snowflake expects product revenue in the range of $716 million to $721 million. Analysts had expected $696 million.

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Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team