Friday's hottest premarket stocks 🔥

Good Morning! Hey, there! It's Chris from Elite Trade Club, here to give you this morning's premarket trading news. Happy Friday! It's August 4th. I hope you have a great weekend. Let's get ready to trade! Markets 📈 Stocks continued to slide on Thursday, with the S&P 500 losing 0.2%. The Dow and Nasdaq edged down by about 0.1%, and the small-cap Russell 2K matched the leading large-cap index with a 0.2% decline. Today, futures are mixed in early trading. S&P 500 contracts are up 0.1%. Sponsored [The Best Way to Protect Your Wealth]( We're living in uncertain times, but how can you protect your money without forfeiting your chance at upside growth? Surprisingly, the best option doesn't involve stocks, bonds, savings accounts, or any of the most common answers. Millions of investors are turning to a new type of investment account to shore up their savings against downside risk. And now you can join them. [>> Get all the Details on the Next Page]( Premarket Highlights 🔎 💰 Disparate Earnings Results from Two Tech Giants Apple and Amazon both released their latest quarterly numbers after Thursday's close, but their reports told two very different stories. Amazon had a resurgent quarter, posting 11% revenue growth after failing to notch a double-digit growth rate for several quarters. Its revenues & earnings also beat Wall Street targets. Conversely, Apple posted disappointing results. The tech giant's revenues fell 1.4% to $81.8 billion, barely getting by the consensus estimate. iPhone sales are down sharply, and the company projected similar revenue declines next quarter. What to Watch Today 👀 Jobs Report The July jobs report hits the wires at 8:30 a.m. today. Media forecasts predict the U.S. economy added 200,000 jobs last month, with unemployment rates sitting steady at 3.6%. This report could have a major influence on today's session, so make sure you pay attention to how the market reacts when the new data drops. Major Earnings 💰 Dominion Energy, Inc. [D] ... AM Lyondellbasell Industries Nv [LYB] ... AM Liberty Media Corporation - Series A Liberty Formula One [FWONA] ... AM Cboe Global Markets, Inc. [CBOE] ... AM Evergy, Inc. [EVRG] ... AM Liberty Broadband Corporation [LBRDA] ... AM Corebridge Financial Inc. [CRBG] ... AM Icahn Enterprises L.P. - Depositary [IEP] ... AM Plains All American Pipeline, L.P. [PAA] ... AM Xpo, Inc [XPO] ... AM Economy 🏗 - Jobs report [Jul] ... 8:30 am Running Hot 🔥 Gainers - PolishedCom [POL] >> +50.2% - Advanced Human Imagine [AHI] >> +22.4% - Tempo Automation [TMPO] >> +26.4% - Tivic Health [TIVC] >> +17.6% Decliners - Mesoblast [MESO] >> (66.9%) - Assertio Therapeutics [ASRT] >> (45.9%) - EZGO Technologies [EZGO] >> (21.9%) - Contextlogic [WISH] >> (22.4%) Booking Holdings [BKNG] - Last Close: $2,839.91 Strong earnings are boosting shares of Booking in today's premarket. The travel firm released its Q2 earnings report after Thursday's close, and the results surpassed analysts' expectations. Bookings generated EPS of $37.62 per share on revenues of $5.46 billion. Analyst targets called for EPS of $28.80 on sales of $5.17 billion. RBC and Barclays lifted their price targets on BKNG in response to the report, and CFRA upgraded the stock from "hold" to "buy". BKNG is today's top S&P 500 stock with an 11.2% gain. My Take: The travel boom has been working out well for BKNG, and shares have been steadily trending higher for the past 6 months. Despite its high share price, it boasts a relatively reasonable valuation. Atlassian [TEAM] - Last Close: $169.65 Atlassian is also riding high following an earnings release. The software firm released its fiscal Q4 results after Thursday's closing bell, and shares are heating up in the wake of the release. Atlassian reported fiscal Q4 EPS of $0.57, more than double the year-earlier quarter's $0.27 EPS, and beat Wall Street's $0.45 consensus. Revenues jumped 23% YoY to $939.1 million and trounced the consensus estimate of $916.1 million. TEAM is one of today's top premarket movers with a 19.8% gain. My Take: TEAM has been running into some resistance at around $185, but today's rally has already put it past that mark. It could enter a new trading range if it can hold onto its gains. Tupperware Brands [TUP] - Last Close: $3.52 Tupperware investors are breathing a sign of relief after a restructuring deal. The legacy food storage company is on the come-back trail after finalizing an agreement with its lenders to restructure existing debt obligations. The deal slashes $150 million of cash and interest fees and gives the company immediate access to a $21 million revolving credit line. It also extends the stated maturity of about $348 million in principle and interest costs through FY27, and reduces amortization payments by around $55 million. TUP is breaking out to a 58.5% gain on the news. My Take: TUP has been trading like a meme stock for the past couple of weeks, but this deal indicates the company isn't ready to roll over and die just yet. I'm not exactly bullish, but the rally at least has some substance this time around. Missfresh [MF] - Last Close: $0.5149 Missfresh is taking off after a recent announcement. The China-based retailer announced two share purchase agreements with institutional investors that will inject US$27.0 million into the company. The investors agreed to subscribe to 5.4 million Class B shares in exchange for the investment, which has already been approved by Missfresh's board. The new investors will own about 88.1% of the company upon closing. In turn, Missfresh has agreed to purchase all shares of Mejor Infinite Ltd. at a price of US$12 million cash. MF is leading the premarket with an 80.5% gain. My Take: I would stay away from this one. MF could experience significant volatility in the coming days. I would be surprised if it didn't close today's session well off its current highs. That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris D. -- Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 to sign up now and get our watchlists sent directly to your phone! Or text CLOSE to 47121 to get on the mobile alert list for our Closing Bell Roundup report, featuring the day's top winners and losers. *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 of these emails. [Bots click here]( 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](