Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures gained today as tech rebounded. Tesla led the charge (more on that below) and chipmaker STMicroelectronics NV showed strong results in Europe. Despite the recent uptrend, economists are still weary. Kingswood Holdings chief economist sees the recent stock surge as overdone given recession risks ahead. Upcoming reports and job data should give a clearer picture. Isn't it time you learned how to finally trade with consistent success regardless of the market? Bryan and Karim are showing traders why the down economy has nothing on The War Room. They've been using battle-tested strategies for a 90% win rate in 2023. And right now they're guaranteeing members receive 252 winning trades in their first 12 months of membership. Click here to get in on the action. Here's a look at the top-moving stocks this morning. Tesla (Nasdaq: TSLA) Tesla is up 6.65% premarket after the Elon Musk led electric vehicle giant did just enough in the mind of many investors to remove the worst-case scenario for the stock in the near-term. The company reported record Q4 revenue of $24.32 billion. On the profitability end, Tesla is reporting adjusted net income of $4.1 billion, nearly $400 million more than Q3. Overall, the premarket gain gave the markets some relief after big tech groups like Microsoft reported less-than-stellar earnings earlier this week. Did you miss out on Tesla's big rise a few years ago? Fear not. There's another $25 electric vehicle startup out there and our friend Andy Snyder believes it has massive potential. In fact, Inc. magazine called this company "Tesla's worst nightmare." Click here to discover this game-changing EV company. Chevron Corporation (NYSE: CVX) Chevron is up 2.91% premarket after the news of a $5 billion stock buyback and a boost to its dividend. The buyback will begin in April. Oil companies like Exxon also saw big profits in 2022 as the price of oil continued to rocket. |
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