Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures popped on Friday. It was the biggest rally since early 2020 and was due to a variety of factors, including a dramatic reversal in China's Zero-COVID policy and lighter October consumer price data. The latest CPI info could signal a halt to the Federal Reserve's tightening of financial conditions early next year. The stock market has seen a big drop-off overall in 2022, but historically these bear markets have been where the most money can be made. The truth is… value stocks that can withstand economic headwinds are where you want to invest. And right now our Head Fundamental Tactician Karim Rahemtulla is pounding the table on what he's calling 'The Last Great Value Stock,' and for less than $2 – you can get in right now. Plus, there's an upcoming announcement in December that could send it soaring. Click here to unlock 'The Last Great Value Stock.' Here's a look at the top-moving stocks this morning. SoundHound AI, Inc. (Nasdaq: SOUN) SoundHound is up 17.99% premarket after the voice AI company saw significant growth across all metrics in its latest earnings report. Its record bookings backlog adds up to $302 million, up 239% year-over-year, marking the fourth straight quarter for digital growth. Revenue was also up to $11.2 million, which is 178% year-over-year. As adoption of AI voice continues to grow, there's a chance this company could be strong going forward. Tech stocks have been taking the biggest hit in 2022, but fear not. There's an upcoming tech boom on the horizon and our friend Andy Snyder is showing you exactly how to play it. Click here to see the ONE stock behind the $13 trillion tech revolution. Primerica, Inc. (NYSE: PRI) Primerica is up 10.86% premarket after the company reported third-quarter earnings. The insurance group reported earnings of $3.02 per share, beating the Zacks Consensus Estimate of $3 per share. This quarterly report represents an earnings surprise of 0.67%. |
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