Disney Reports Streaming Profit

Entertainment company falls in premarket trading despite positive streaming report for the first time ever. [Trade of the Day Wake-Up Watchlist] Attention Traders: It’s Tuesday and Bryan and Karim are going live at 2 p.m. EST to announce their latest [Catalyst Cash-Outs]( pick. You won't want to miss this one. Last week they closed a 7% winner on the JOLTS report in 1 trading day. [Click here to get their next pick today.]( Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were steady on Tuesday. Investors were upbeat after Disney’s earnings landed (more on that below). Now there's new hope of an interest rate cut as soon as this summer. More incite will come from Minneapolis Fed president Neel Kashkari, who is expected to speak today. While earnings day has the potential to a move a stock big in either direction, the truth is trading earnings is risky. That’s why our Lead Technical Tactician Nate Bear looks for the [best trade setups AFTER earnings]( to capitalize on the surges while also avoiding “all-or-nothing” gambles. [Click here to receive Nate’s next post-earnings pick today.]( Here’s a look at the top-moving stocks this morning. Palantir Technologies (NYSE: PLTR) Palantir Technologies is down 9.76% in premarket trading after closing 8% higher ahead of its earnings release. Its shares slid as the market appeared unimpressed by the company’s outlook for annual sales. It also struggled overseas, with its international commercial business declining 3% during the quarter due to headwinds in Europe. Our Head Trading Tactician Bryan Bottarelli recently got positioned on PLTR in [The War Room.]( [Click here to unlock that trade.]( Rivian Automotive (Nasdaq: RIVN) Rivian Automotive is up 7.94% in premarket amid rumors that Apple (APPL) is in talks with the EV maker about a possible partnership. Its unclear whether the talks actually happened, and even if they did, they might not amount to anything. Rivian is also set to report earnings tonight. [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.]( Hims & Hers Health Inc. (NYSE: HIMS) Hims & Hers Health is up 13.73% in premarket after its latest first quarter earnings beat. The telehealth platform reported revenue growth of 46% year-over-year, followed by a better-than-expected second quarter outlook. It currently sees revenue forecasts well above expectations, with the second quarter coming between $292 million and $297 million. The estimate there was for $288 million for the full year. Walt Disney (NYSE: DIS) Walt Disney is down 6.03% in premarket trading despite posting its first profit for its streaming entertainment unit. The division had been losing money since Disney+ debuted in 2019 in the company’s major push to compete with Netflix. But Disney had promised Wall Street that the streaming operation would become profitable by September. It also incurred a $2 billion impairment hit after merging its Star India business with Reliance Industries. Yesterday our Head Trading Tactician Byran Bottarelli got positioned on DIS in [The War Room](. [Click here to unlock that trade.]( Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [Discover the 3-Minute Secret to Wealth]( Alexander Green reveals how a 3-minute discussion transformed his investment strategy and wealth... top gains of 227% in 22 days... 754% in 60 days... 439% in 90 days... and even 1,163% in 100 days. [Click to discover what he learned.]( [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. 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