Good morning Wake-up Watchlisters! While you're debating whether to eat a donut or drink a kale smoothie you'll see US stock futures retreated slightly on Tuesday. However, investor confidence is high as the latest reading of the US consumer price index is expected to show inflation numbers cooled enough to allow Federal Reserve policymakers to pause rate hikes. The markets have been rallying as of late, but it's crucial to keep things in perspective. The truth is only seven tech stocks are dominating the markets so far in 2023 - meaning volatility is here to stay. To combat this, we've been using several strategies in The War Room that focus only on key stocks, and we've been going gangbusters. In May we hit some of our biggest winners, including an incredible 293.27% overnight gain on Advance Auto Parts. Click here to start making trades alongside our gurus in The War Room. Here's a look at the top-moving stocks this morning. Manchester United (NYSE: MANU) Manchester United is up 22.90% premarket after rumors suggesting that Sheikh Jassim bin Hamad al-Thani from Qatar was likely to succeed in his takeover bid for the English football club. The report, mentioned by Qatar's Al-Watan newspaper and CNBC, indicated that Sheikh Jassim, the son of a former prime minister of Qatar, was expected to be announced as the preferred bidder for the Premier League soccer club. The accuracy of the Qatari media report has not been immediately verified by Reuters, and Manchester United has not yet responded to a request for comment from Reuters. Oracle Corp. (NYSE: ORCL) Oracle Corp. is up 4.39% premarket after announcing that its cloud-computing business is expected to maintain its rapid growth in the upcoming fiscal year, reaching a record high at the market close. In the fiscal fourth quarter, Oracle reported a 54% increase in cloud sales, amounting to $4.4 billion, following a 45% jump in the previous period. |
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