Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures were clearly higher on Thursday. Central bankers are traveling to Jackson Hole for the U.S. Federal Reserve's highly-anticipated economic symposium. Investors will be tuning in for clues on the pace and severity of rate-hiking plans for the rest of the year. The markets are volatile, but the bear market has nothing on the War Room. We have a 76% win rate on all trades in 2022 and right now we're guaranteeing members receive 322 winning trades in their first 12 months of membership. Click here to unlock The War Room. Here's a look at the top-moving stocks this morning. Snowflake (NYSE: SNOW) Snowflake is up 17.51% premarket after the software company beat analysts' estimates for quarterly sales. Product revenue for the period ending in October is expected to be as much as $505 million, beating the analysts estimate of $501.1 million. FREYR Battery (NYSE: FREY) FREYR is up 14.47% premarket after the company announced a strategic alliance with South Korea-based Hana Technology Co. Ltd. Together, the two companies will jointly develop equipment and automation solutions for FREYR's Customer Qualification Plant in Norway. This partnership will also allow FREYR and Hana Technology to customize and co-develop solutions for the CQP. With batteries in high demand, it's crucial to monitor the electric vehicle sector. EV's are expected to be a $7 trillion market in the coming years. And our friend Andy Snyder is pounding the table on this $25 startup he believes could overtake Tesla. Click here to discover this EV stock. |
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