Good morning Wake-up Watchlisters! While you're savoring the caramel sweetness of your oat-milk Macchiato (more on that below) you'll see stock futures wavered on Wednesday. Federal Reserve Chairman Jerome Powell is expected to go live and investors will be watching for any sign of hawkishness that could be a cue to sell. Also, a spat between U.S. President Joe Biden and China President Xi Jingping caused some volatility after Biden called Jingping a "dictator." The action was seen as undermining a relationship between the U.S. and the world's second-biggest economy. Attention readers: In May… they opened and closed 32 winning trades. In the past few weeks… they've locked in 214%... 190%... even 293% OVERNIGHT gains. Now… they want to PROVE they get RESULTS by letting you into The War Room… 100% FREE! It's their War Room Open House (June 26 – 30)… Sign Up Here (No Credit Card Needed!) Here's a look at the top-moving stocks this morning. Oatly Group AB (Nasdaq: OTLY) Oatly is up 7.30% premarket after TH International Limited, which operates Tim Hortons coffee shops and Popeyes restaurants in China, announced they formed a partnership with the prominent oat drink company. As part of the partnership, they will introduce a new range of offerings to consumers, including an osmanthus latte which has been proven popular among Chinese consumers. Opendoor Technologies (Nasdaq: OPEN) Opendoor Technologies is up 4.56% premarket after some encouraging statistics from the U.S. housing market lifted the stock. Government data recently showed housing starts rose to a 1.63 million annual rate in May, which was a 22% leap and well above most estimates by economists. Housing starts are a measure of how many homes would be built over a 12-month period. This data was enough to propel the real estate company forward. |
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