People Love Their Pets

Online pet supply retailer surges in premarket trading as spending continues. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures rose on Thursday following optimism after a bill to raise the debt limit passed in the House. Next the bill will go to the Senate just days before Monday's U.S. default deadline. The concern over a possible debt default was a major theme for the markets in May, as well as dramatic rallies in artificial intelligence-related stocks. We've taken some monster winners in The War Room off these May market rallies. Yesterday our Head Trading Tactician Bryan Bottarelli closed a 293.27% overnight winner on AAP and last week closed a 214.53% overnight winner on URBN. The War Room was on fire last month with an 89% win rate and right now Bryan and Karim guarantee you'll receive 252 winning trades in your first 12 months if you join today. Isn't it time you got in on the action? Click here to join The War Room. Here's a look at the top-moving stocks this morning. Chewy, Inc. (NYSE: CHWY) Chewy, the online pet supply retailer, is up 18.72% premarket following the release of its earnings report. Despite economic cutbacks in other areas, consumers continue to prioritize spending on their pets, benefiting Chewy. The company's earnings exceeded expectations, with a surprise profit of 20 cents per share, surpassing estimates of a 4 cents per share loss. Furthermore, Chewy showcased impressive growth in gross margins, which increased by 0.9 percentage points. Additionally, both net sales per active customer and Autoship sales per customer achieved record levels. Nordstrom, Inc. (NYSE: JWN) Nordstrom, the upscale retailer, is up 6.67% premarket following the announcement of a surprise profit in the first quarter. This unexpected profit defied concerns of a broader spending slowdown in the upcoming summer months. Nordstrom reported an adjusted profit of 7 cents per share for the fiscal first quarter, surpassing last year's loss of 6 cents per share and surpassing analysts' forecast of another 8 cent loss. While group revenues declined by 11% to $3.57 billion, the figure exceeded expectations of $3.12 billion. Additionally, Nordstrom successfully reduced overall inventory by 7.8% and improved gross margin by 110 basis points, showcasing a focus on inventory productivity and current inventory levels for better margins and productivity. Yesterday we got positioned on JWN for a conservative overnight trade in The War Room. Click here to learn how overnight trades could help you double your money overnight. Tax Returns Reveal $2.7 MILLION in Trading Profits... We pored over tax returns and brokerage statements... and it's 100% true... A former construction worker took just $37,000... And raked in $2.7 MILLION in trading profits over four years. Now... he's challenging himself to build ANOTHER million-dollar portfolio... 100% LIVE. See How You Can Follow His Every Trade in Real Time - Click Here! Salesforce (NYSE: CRM) Salesforce Inc is down 6.08% premarket after a lackluster outlook for future sales and maintained its annual revenue forecast instead of raising it. Despite reporting better-than-expected revenue, earnings, and operating profit margin in the fiscal first quarter, the stock drop occurred. Salesforce shares have rallied 68% this year, making it one of the top-performing stocks in the S&P 500. After a turbulent period that involved job cuts, executive departures, board director changes, and pressure from activist investors, Salesforce had been working on regaining shareholder trust. In their recent earnings report, the company emphasized profit and announced shareholder-friendly measures such as increased stock buybacks and the dissolution of their committee on mergers and acquisitions. C3.ai, Inc. (NYSE: AI) C3.ai, Inc. is down 22.24% premarket after its quarterly revenue forecast failed to meet estimates, dampening the recent enthusiasm around AI-related stocks on Wall Street. This disappointing outlook also affected other small-cap AI stocks, including BigBear.ai, SoundHound AI, and Guardforce AI, which experienced declines ranging from 0.5% to 7.5%. Despite C3.ai's market value more than tripling in 2023, its midpoint full-year revenue forecast of $307.50 million fell short of the $317.1 million expectations from Wall Street. The company attributed the revenue slowdown to its shift from a subscription business to a consumption-based pricing model. Nevertheless, C3.ai remains optimistic about its future profitability and has received bookings from diverse industries, capitalizing on the strong demand for AI software. The company aims to achieve profitability by the end of April 2024. The AI craze has led to some major rallies, but the truth is many other sectors have struggled and AI is one of the main pillars keeping the market afloat. That's why it's also crucial to consider value stocks that have the chance to go up and maintain strength over time. Right now our Lead Fundamental Tactician Karim Rahemtulla has been pounding the table on what he's calling "The Last Great Value Stock." It's currently trading at under $2 has massive growth potential due to its recent tech breakthrough. Click here to unlock "The Last Great Value Stock." The Big Banks are Screwing us If you currently have money in a savings account, you'll want to read more about this. The five big banks (Bank of America, Citigroup, JPMorgan Chase, U.S. Bancorp and Wells Fargo) hold HALF of all money Americans keep in savings accounts. And our friend Marc Lichtenfeld recently discovered a startling fact on how much interest the banks are paying on these savings accounts. Plus, he's showing how you can get around the big banks and start taking back your money and collecting income again. Click here to discover his "Magic Code" that practically foreces big banks to pay you 255 times more than their regular savings accounts. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team Get in on a Royalty Stream on Dozens of Approved and Upcoming Drugs One ticker symbol... A whole portfolio of approved and upcoming treatments. Click to discover "Healthcare Royalties." Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. 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