Tech Giant Falls 11%

Cisco Systems drops in premarket trading after coming up short on earnings estimates. [Trade of the Day Wake-Up Watchlist] Attention Readers: Break out the extra espresso shots. Our Head Trading Tactician Bryan Bottarelli has a special bonus video for you this morning. He’s giving you the Top 5 ETF’s for new traders. Click the image below to see the best ETF’s to trade on. P.S. Technology has undergone a massive shift over the last two years, and the way we trade is shifting along with it. Bryan recently created a powerful system to take advantage of this new type of trading over and over again. He’s calling it [“The Dark Ticker,”]( and you could see gains of 50%, 75% and even 165% overnight! [Click here to learn more about the “Dark Ticker.”]( Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures pulled back on Thursday after several rallies earlier in the week. Investors are still uncertain whether or not the Federal Reserve will finally pivot away from rate hikes. The Dow has risen for four days in a row and closed Wednesday at its highest level since August. Here’s a look at the top-moving stocks this morning. Cisco Systems (Nasdaq: CSCO) Cisco Systems is down 11.07% premarket despite beating earnings estimates. The real culprit for its drop came when it cut its full-year guidance. In the first quarter, the tech giant reported adjusted earnings of $1.11 per share versus estimates of $1.03 and revenue of $14.67 billion compared to an expectation of $14.63 billion. However, Cisco’s second quarter and full-year revenue guidance was well below what Wall Street had been expecting. Our Head Trading Tactician Bryan Bottarelli got positioned on CSCO in [The War Room]( on Tuesday. [Click here to see how Bryan’s overnight trading strategy could double your money overnight.]( Palo Alto Networks (Nasdaq: PANW) Palo Alto is down 6.08% premarket after it beat Wall Street's estimates. But, much like CSCO, the second quarter billings outlook also disappointed investors. Palo Alto reported adjusted earnings of $1.38 per share compared to estimates of $1.16 and revenue of $1.9 billion vs. estimates of $1.82 billion. [Why Do They CHEER When the Market Drops 500 Points?]( [Grandma Cheering]( One group learned the secret to turning AWFUL days... into BIG overnight payouts. When everyone ELSE was freaking out... one trader made 51%... 49%... 100%... even 165%... ALL OVERNIGHT! [See the "Dark Ticker" for Yourself (Limited Time)]( Alibaba Group Holding (NYSE: BABA) Alibaba Group is down 7.88% premarket. The Chinese tech giant warned that more control from the U.S. on its chips would result in no cloud division spinoff as planned. Alibaba reported earnings of $2.16 a share on revenue of $31 billion. Walmart Inc. (NYSE: WMT) Walmart is down 7.70% premarket after narrowly beating earnings estimates by failing to please investors with higher expectations. It posted earnings of $1.53 per share, slightly ahead of estimates for $1.52, according to FactSet. The adjusted figure excludes the effects of $1.36 a share from net losses on equity and other investments. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [Trading expert declares, "AI will be dead in the water in 2-3 years without THIS."]( [A fire robot's head]( With a $15.7 TRILLION AI market at stake... Big Tech will spare no expense to solve AI's #1 bottleneck. [Click here for the full scoop.]( [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](. 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