Clothing Retailer Falls in Premarket

Levi Strauss dips after posting lower-than-expected sales numbers. [Trade of the Day Wake-Up Watchlist] Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures dropped on Friday. Investors will be looking for clues in today’s June jobs report to confirm data that shows signs of a resilient economy. Also, the Fed is still looking hawkish, and it's likely we see another 25 basis point hike later this month. But no matter what side of the bed Jerome Powell gets up on, we’ll be ready in [The War Room](. Last week Bryan and Karim closed 22 winning trades for an 88% win rate, and right now they guarantee you’ll receive 252 winners in your first 12 months of membership. [Click here to unlock The War Room.]( Here’s a look at the top-moving stocks this morning. Levi Strauss (Nasdaq: LEVI) Levi Strauss is down 6.75% premarket after the clothing maker posted lower-than-expected sales for the second quarter. It also trimmed its full-year profit forecast, as higher expenses hurt its bottom line. The revised guidance came after a mix of second quarter earnings, which showed adjusted profits of 4 cents per share on revenues of $1.3 billion. Costco Wholesale (Nasdaq: COST) Costco Wholesale is down 0.81% premarket after the wholesale retailer posted muted sales growth for the month of June. Costco said sales for the five weeks ending on July 2 rose 0.4% from last year to $22.78 billion. However, comparable sales were down 1.4%. The company cited weaker spending on higher-priced items as the main reason for the lower numbers. [Market Millionaire Discovers "Perfect Stock"]( [AG on Stage]( He bought Amazon when it was trading around $30... Netflix when it was around $2... And Apple when it was less than $1 a share... And now... Market millionaire Alexander Green says he's discovered the "Perfect Stock" that could be the key to your retirement. [Find out about this $4 stock before share prices go up.]( Alibaba Group (NYSE: BABA) Alibaba is up 2.78% premarket after Reuters reported that China is likely to announce a fine of more than $1.1 billion on its fintech affiliate. The fine is expected to go against Ant Group as soon as Friday. That will allow Ant to seek a financial company license and increase odds for an initial public offering. The trade tensions between [China and the U.S.]( have been heating up recently, with tit-for-tat restrictions and rising friction around Taiwan and the South China Sea. [Click here to learn how China’s sinsister plan could lead to a massive rise in one U.S. stock.]( Rivian Automotive (Nasdaq: RIVN) Rivian is up 4.30% premarket as the electric vehicle stock saw its 8th-straight gain. The boost comes after Analyst Dan Ives of Webush raised his stock price target by 20%. The EV maker is currently seeing “firm” demand for its “unique” model lineup. Our Lead Technical Tactician Nate Bear has been following RIVN in [Daily Profits Live]( and recently took overnight profits on an options trade. [Click here to learn more about Nate’s mission to turn $37,000 into $1 million.]( Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [$12 Energy Company Paying Near-Double-Digit Dividend (and Climbing!)]( [Alexander Green at Freedomfest]( Alex Green may have just uncovered the biggest moneymaking opportunity in the entire energy sector. This up-and-coming company... - Has increased profits by $5 billion over two years... - Is riding record-high revenues... - Is locking in long-term contracts that ensure future revenue through the year 2051. The company pays a nearly DOUBLE-DIGIT yield and just announced plans to increase its distribution by 3% to 5% annually. One billionaire calls this $12 energy company his "premier" personal investment. 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