Online Payment Provider Pops 6%

PayPal retierates adjusted profit increase and its stock moves up in premarket trading. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were flat after a strong start to the week. Rate cut expectations are dropping, with markets pricing in one rate cut in 2024, down from the anticipated six or seven expected. Now the focus shifts to more earnings calls from major tech companies including Amazon today and Apple on Thursday. In addition to earnings, there's another market catalyst we want you to know about. The next [JOLTS report]( is set to be released soon and our Head Trading Tactician Bryan Bottarelli is going live today at 2 p.m. to talk more about what it means for the markets. [Click here to see why Bryan is so hyped about the JOLTS report.]( Here’s a look at the top-moving stocks this morning. PayPal Holdings (Nasdaq: PYPL) PayPal is up 6.21% in premarket after raising its full-year adjusted profit forecast. Consumer spending has shown resilience, and the company expects its 2024 adjusted profit to increase by “mid-to-high single digit percentage”, which is higher than the earlier forecast of it staying flat. Its operating margins also improved 84 basis points as it plans to cut 2,500 jobs this year. Our Head Trading Tactician Bryan Bottarelli got positioned on PYPL yesterday in [The War Room]( and it’s already humming along in premarket trading. [Click here to see how Bryan’s overnight strategy could double your money while you sleep.]( Sensata Technologies (NYSE: ST) Sensata is up 19.69% in premarket trading after announcing increased earnings of $1.007 billion in revenue. Its earnings per share came in at 89 cents, which was higher than the analyst estimate of 85 cents. The company also announced its CEO, Jeff Cole, will be retiring effective today. The Board of Directors has appointed Martha Sullivan as the new CEO. [How a 3-Minute Chat with a Costco Manager Led to Incredible Gains]( What if a brief chat at a basketball game could lead to unimaginable wealth? That's what happened to Alexander Green... A short conversation led to 100-fold gains over his career. Dive into the story of the mysterious Costco manager who changed everything. [Click now to find out more.]( 3M Company (Nasdaq: MMM) 3M is up 7.56% in premarket trading after quarterly profit jumped 21%. The boost came after price hikes and cost cuts offset the impact from slow sales. The price hikes came over the past two years and the company said last quarter it will continue to lean on price increases to offset inflation and slow demand for its electronics business. We’re currently positioned on 3M in our [Trade of the Day Plus]( portfolio. [Click here to unlock our entire portfolio.]( Chegg, Inc. (NYSE: CHGG) Chegg is down 13.25% in premarket trading after announcing CEO and President Dan Rosensweig will be stepping down. The student services provider saw subscribers drop 8% and appointed Nathan Schultz as its next chief executive. It lost a total of $1.4 million in the first quarter. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [Alexander Green's 3-Minute Stock Secret]( Join investment titan Alexander Green as he unveils the simple yet powerful technique that helped him find Netflix before it soared 43,000% since 2005. [Find out what it is right here.]( [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. 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