Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures dropped as the big two-day rally that started the quarter is starting to fizzle. Recent economic data showed a larger than expected drop in job openings. Manufacturing activity is also cooling down. These developments could inspire the Federal Reserve to pull back on rate increases, but Wall Street is still skeptical. With so much uncertainty in the markets, we want to make sure you're hearing about different ways to protect your money and thrive. Right now our Head Fundamental Tactician Karim Rahemtulla is talking about a $3 alternative investment. Click here to learn more about this rare opportunity. Here's a look at the top-moving stocks this morning. WIseKey International Holding (Nasdaq: WKEY) WISeKey is up 18.67% premarket after the company reported strong preliminary results for 2022. It reported revenue of $20.5 million, a 69% increase from the 9-month 2021 period. Revenue for the third quarter increased by 44% compared to a year ago, and the backlog of $37 million for IoT Semiconductor products stretches into 2023 and totals $100 million. While many tech stocks have fallen in 2022, a $13 trillion technology revolution is predicted to begin in January 2023. And there's one area of tech our friend Andy Snyder says could be truly transformational. Click here to learn more about it. Surgepays (Nasdaq: SURG) Surgepays is up 18.67% premarket after the company recently reached 200,000 subscribers in its mobile broadband subscriber business SurgePhone Wireless LLC, the Company's wholly-owned subsidiary. According to CEO Brian Cox, the telecommunications company is still in the early stages of scaling, and has longer-term target of 500,000 subscribers. |
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