Good morning Wake-up Watchlisters! While you're sipping a mug of rocket fuel-infused espresso you'll see stock futures were mixed on Wednesday. Investors are awaiting the Federal Reserve's latest rate policy decision, and right now expectations are leaning towards a pause in its interest-rate hiking campaign. Overall, the market could see significant movement after Federal Reserve Chairman Jerome Powell's conference. Attention Readers: We have a big announcement for you today. For the next 48 hours, we're offering you 5 of our top stock picks for just $5. That's five of our best weekly stock picks for just $5. But that's not all. Upon signing up, you'll also receive FREE access to our upcoming War Room Open House event. Why are we doing an open house? Well, Bryan and Karim have been on fire. Last month, They made 35 trades and 32 of them were winners for a 92% win rate. They also netted several triple baggers, including two 200%+ overnight gains on URBN and AAP. And for just $5, you'll get to spend an entire week trading alongside them. Click here to get your all-access War Room Open House Pass for just $5. Here's a look at the top-moving stocks this morning. UnitedHealth Group Incorporated (NYSE: UNH) UnitedHealth Group is down 4.85% premarket following comments from a company official regarding a potential surge in medical costs in the coming months. During a panel discussion at a healthcare conference, Tim Noel, responsible for UnitedHealth's Medicare and retirement business, highlighted a notable increase in older Americans choosing to undergo elective procedures that were delayed due to the Covid-19 pandemic. This rise in procedures could put pressure on the medical cost ratios, a crucial profitability measure, not just for UnitedHealth but also for competitors such as Humana and CVS Health, which owns the Aetna division. Lumen Technologies (NYSE: LUMN) Lumen Technologies is up 7.51% premarket following a recent press release revealing a partnership with Microsoft and Google's Alphabet division for a new network interconnection system called ExaSwitch. Alongside this positive news, Lumen may also be benefiting from favorable inflation data released today. Given that Lumen has lots of debt, that's good news for the telecom company. |
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