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Data Company Spikes After Upgrade...

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mtatradeoftheday.com

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Tue, Mar 26, 2024 12:26 PM

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Seagate jumps 4% as generative Ai demand builds up potential earnings. . Yesterday DPL members watch

Seagate jumps 4% as generative Ai demand builds up potential earnings. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re hitting up Starbucks for your morning caffeine fix you’ll see stock futures were up on Tuesday. The indexes were on the redound ahead of data points to see if there’s still room for another rally. The S&P 500 is up almost 10% this year, and Ai demand lifting several tech stocks is a big reason why. With so many companies potentially benefitting from Ai, our Lead Technical Tactician Nate Bear has made tech a focal point of his trading in [Daily Profits Live](. Yesterday DPL members watched in real time as Nate traded several tech groups, including Nvidia (NVDA), ARM and Micron (MU). [Click here to start following along with Nate in Daily Profits Live.]( Here’s a look at the top-moving stocks this morning. Tesla (Nasdaq: TSLA) Tesla is up 3.07% in premarket after the electric carmaker announced it will offer U.S. customer’s a month’s free trial of driver-assist technology. The dip in demand for EV’s and competition pressure has been hurting Tesla’s margins. Researcher Troy Teslike said the “FSD take rate” is declining in North America, with about 14% of customers buying it in 2022, down from a record high of 53% in 2019. Microstrategy Incorporated (Nasdaq: MSTR) Microstrategy is up 2.96% premarket after the latest crypto rally. Bitcoin moved above $70,000 on Monday and bitcoin-related stocks like Microstrategy saw a move higher. Other crypto-related stocks such as Coinbase (COIN) were also up in premarket trading. [We Could Be Less Than 3 Months Away From an AI Super-Event]( According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. [Click here.]( Seagate (Nasdaq: STX) Seagate Technology is up 4.41% in premarket trading after receiving an upgraded rating from Morgan Stanley, shifting from Equalweight to Overweight. The firm also significantly increased the price target for the company’s shares to $115. With Generative AI expected to create new applications, infrastructure companies like Seagate could benefit. United Parcel Service (NYSE: UPS) UPS is up 3.47% in premarket trading after the company said it’s expecting $108 billion to $114 billion in adjusted revenue in 2026. Chief Executive Carol Tome said the small packaging industry is poised to return to growth in 2024 after a difficult 2023. Right now the company is projecting free cash flow of $17 billion to $18 billion in 2026. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [It's Called "the Singularity"]( A new indicator shows "the Singularity" could launch as soon as three months from now. This is the moment we've all feared, when artificial intelligence officially surpasses human intelligence. And when the Singularity hits, the entire world will be thrown into chaos. [Click here to learn how to prepare yourself for what's to come.]( [Monument Traders Alliance] 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. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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