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Online Retailer Falls 6%

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mtatradeoftheday.com

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Wed, Nov 8, 2023 01:17 PM

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eBay drops in premarket trading after citing lower demand for the holidays. issue, he’s reveali

eBay drops in premarket trading after citing lower demand for the holidays. [Trade of the Day Wake-Up Watchlist] Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were flat on Wednesday. Investors will be reading into more clues on rate hikes after Federal Reserve Chairman Jerome Powell gives his latest speech. Oil prices also slipped to their lowest level in three months, as demand concerns swirl around the U.S. and China. While uncertainty continues to be a theme in these markets, there are still plenty of buying opportunities to be had. Our Head Trading Tactician Bryan Bottarelli recently announced a potential high upside pick on Vertex Pharmaceuticals. And in today’s [Trade of the Day Plus]( issue, he’s revealing exactly how he plans to trade it. [Click here to sign up for Trade of the Day Plus and receive this new trade alert today right after the market closes.]( Here’s a look at the top-moving stocks this morning. eBay, Inc. (Nasdaq: EBAY) eBay is down 6.70% premarket after the company updated its forecast for the end of the year. Citing "softening demand," eBay now expects sales of $2.47 billion to $2.53 billion for the fourth quarter. Analysts expected $2.6 billion. The e-commerce company also reported adjusted earnings of $1.03 per share on $2.5 billion in third-quarter sales. Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on eBay in [The War Room](. [Click here to unlock that trade.]( Upstart Holdings, Inc. (Nasdaq: UPST) Upstart Holdings is down 22.31% premarket after missing analyst’s estimates for the third quarter. Revenue was down 16.1% year on year to $134.6 million. Next quarter’s guidance also fell short, coming in 14.3% below analysts’ estimates. AI and tech stocks have been a focus of our Lead Technical Tactician Nate Bear. In fact, Nate recently closed a 22% win on MSFT in less than 1 trading day in his latest service, [Profit Surge Trader](. [Click here to get access to Nate's next play on Monday, November 13.]( [Whatever You Do, DON'T Invest in the Wrong AI Companies]( Most people make the mistake of listening to the mainstream media and investing in megacap companies like Nvidia, Microsoft and Google. But they're already huge! The real money is in the smallest companies with the biggest upsides. Manward Press Chief Investment Strategist Shah Gilani has compiled a list of the absolute best AI stocks in the market today... including one trading for less than $1. He's revealing all the details on why he believes these stocks will be the biggest winners in the $15.7 trillion AI revolution. [Click here to view his presentation.]( Robinhood Markets (Nasdaq: HOOD) Robinhood is down 8.71% premarket after the digital trading platform reported a third-quarter loss. It came out with a loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to a loss of $0.20 per a share a year ago. Rivian Automotive (Nasdaq: RIVN) Rivian Automotive is up 7.12% premarket after the electric vehicle maker upped its production forecast for the year. It also beat analyst’s expectations for the quarter, reporting revenue of $1.34 billion vs. $1.31 billion estimated, with an adjusted EPS loss of $1.19 vs. $1.32 expected. Take-Two Interactive Software (Nasdaq: TTWO) Take-Two interactive software is up 9.34% premarket after reports that Rockstar Games (a division of Take-Two) is planning to announce the confirmation of the popular video game, Grand Theft Auto VI. No video game has drawn as much fervor from fans and investors as Grand Theft Auto VI. To put it in perspective, its predecessor, Grand Theft Auto V, has sold more than 185 million copies and is the second-best selling video game of all time. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [Alert: Little-Known AI Bargain Stocks With Transformative Tech Could Deliver Massive Profits]( [Shah Gilani]( Today I'll be sharing three bargain AI stealth stocks that I'm targeting for the absolute biggest profits. I'm talking about moonshot winners that could bring your family wealth for generations - all coming from small, innovative players working in "stealth mode" to dominate multibillion-dollar niches. I'll be sharing the details on these three tickers with viewers ONLY, [so make sure to click here and watch ASAP](. [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](. © 2023 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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