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AI Stock Jumps 260% on Air Force Deal 🚀

From

elitetrade.club

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adam@elitetrade.club

Sent On

Thu, Jan 12, 2023 09:20 PM

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Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Today is Thursday, January 12th. I h

[Image](www.elitetrade.club) Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Today is Thursday, January 12th. I hope you had a great day! CORRECTION: This morning, our Earnings and Economy sections mistakenly listed events scheduled for Jan. 13th. We apologize for any confusion! Here's what moved the market today: Markets 📈 US benchmarks pushed higher after this morning's CPI report. The Nasdaq [+0.6%], Dow [+0.6%], and S&P 500 [+0.3%] posted modest gains, while the small-cap Russell 2K [+1.7%] index outperformed with a sharp rally. Sponsored [The Next Big Crisis Is Here]( You just can't see it yet because it's NOT a banking, financial, or economic crisis… It's far worse and threatens every dollar in your retirement account. [Get the Details in this FREE Special Report.]( Today's Market-Moving News 🔎 🛒 December CPI: The Consumer Price Index fell 0.1% in December, marking its largest drop since April 2020. 💵 Stubborn Inflation: Headline CPI increased 6.5% on an annual basis, marking a slowdown from previous months but still much higher than the Federal Reserve's stated target of 2.0%. Today's Top Winners and Losers 🔥 Oramed Pharmaceuticals [ORMP] $2.54 (-76.4%) Oramed Pharma fell after announcing late Wednesday that a Phase 3 trial of ORMD-0801 for Type 2 Diabetes missed its primary endpoint. Atlis Motor Vehicles [AMV] $6.52 (-35.3%) Atlis Motor Vehicles suffered a steep correction after it gained 276% on Wednesday. Yesterday's rally kicked off after the company announced demand for its batteries had passed a key milestone. Logitech [LOGI ://elitetra.de/L2Ic ] $56.66 (-16.8%) Disappointing preliminary earnings results for Q3 FY2023 and an analyst downgrade sparked a sell-off in shares of Logitech. The company's net sales fell 23% YoY, and analysts from Wedbush downgraded the stock to "neutral" from "outperform" and lowered its price target to $60. BigBear.ai [BBAI] $3.05 (+260.4%) BigBear.ai landed a multiple-award $900 million indefinite delivery/indefinite quantity contract with the U.S. Air Force. Work on the awarded task orders is expected to be wrapped up by 2032. Akerna [KERN] $1.65 (+66.6%) Late Wednesday, Akerna announced a deal to sell its 365 Cannabis unit to The NAV People, doing business as 365 Holdco. The software firm will receive about $2.8 million worth of considerations under the terms of the deal, which includes a $500,000 upfront cash payment. Expion360 [XPON] $2.50 (+58.2%) Expion360 unveiled two new products this morning, the Aura Powercap 600 and the Aura Powercap 800. The new units allow users to convert its e360 lithium-ion batteries into portable power stations capable of charging 120-volt and 12-volt devices. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, Adam G. -- Elite Trade Club P.S... If you're on the hunt for a new broker, check out our preferred partner, moomoo! You can [get 15 free stocks]( worth up to $2,000 each if you join the moomoo App now. [Click here to get started.]( alerts delivered straight to your cell every morning for free?* P.P.S... Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! You can also text CLOSE to 47121 or [click here]( to get the Closing Bell Roundup sent to your mobile inbox, too! *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails. 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](

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