Pass the Chips…

Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures gained on Tuesday amid a surge in the 10-year treasury yield. The contracts on the Nasdaq also rose 0.6% ahead of results from Microsoft (MSFT) and Alphabet (GOOGL). Investors will be anticipating the impact of artificial intelligence during this big week for tech earnings.

With so many tech companies reporting, it’s a good time to consider checking out Lead Technical Tactician Nate Bear in Daily Profits Live. Nate is already making moves in the tech sector and yesterday got positioned on Nvidia (NVDA) and Microsoft (MSFT).

Click here to start trading alongside Nate as he continues his mission to turn a $37,000 account into $1 million in verified trading profits.

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

RTX Corp, (NYSE: RTX)

RTX Corporation is up 8.25% premarket. The company reported better-than-expected quarterly earnings on Tuesday. The strong performance at its Collins Aerospace business was enough to counteract the hit it took from its quality crisis at engine making unit Pratt and Whitney. The company also recently approved a $10 billion share repurchase program, which would commence almost immediately.

Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on RTX in The War Room.

Click here to unlock that trade.

General Motors (NYSE: GM)

General Motors is up 1.20% premarket after the automaker beat earnings expectations on Tuesday. Revenue from the period increased 5.4% from $41.89 billion a year earlier. GM is also currently battling through ongoing labor strikes by the United Auto Workers union. The labor strikes have cost the automaker $200 million a week in lost vehicle production.

Marathon Digital Holdings (Nasdaq: MARA)

Marathon Digital Holdings is up 15.09% premarket after the Bitcoin miner benefited from the price of bitcoin rising above $31,000 on Monday. The boost was the highest level since May 2022 and shares of Coinbase global also gained 3%.

Arm Holdings (Nasdaq: ARM)

Arm Holdings is up 2.69% premarket after the reports that AI giant Nvidia is working on central processing units using technology from the company. Plus, Advanced Micro Devices is also planning to use chips from Arm for its own PC’s.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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