Semiconductor Company Dips

Aehr Test Systems adjusts revenue guidance due to slowing demand for electric vehicles [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 are still anticipating a key US inflation report tomorrow for more clues on Federal Reserve interest-rate cuts. China’s inflation and credit reports are also due in the coming days, and will offer insight into the world’s No. 2 economy. With the major CPI reading coming out tomorrow, it’s crucial to know how to set up your trades in case markets scream higher or lower. That’s why our Lead Technical Tactician Nate Bear uses a specific charting system in [Daily Profits Live]( that has the potential to lead to market gains regardless of the index direction. [Click here to start unlocking Nate’s trades today.]( Here’s a look at the top-moving stocks this morning. Aehr Test Systems (Nasdaq: AEHR) Aehr Test Systems is down 18.75% in premarket trading despite a strong earnings report. The semiconductor company reported earnings per share of 23 cents, which was above the analyst estimate of 19 cents. However, the company revised its forecast for the fiscal year due to slowing growth in the electric vehicle market. It adjusted revenue estimates to between $75 million and $85 million from an earlier expectation of at least $100 million. This lower contributed to the stock’s premarket dip. TG Therapeutics (Nasdaq: TGTX) TG Therapeutics is up 9.76% in premarket trading after announcing a global license agreement with Precision BioSciences for the development and commercialization of an allogeneic CD19 CAR T cell therapy program (Azercabtagene Zapreleucel, or azer-cel) for the treatment of autoimmune diseases. This agreement includes upfront and potential near-term economics valued at $17.5 million. Up-and-coming Biotech stocks can offer massive opportunity for gains in the market. In [The War Room,]( Our Head Trading Tactician Bryan Bottarelli recently closed a 16% winner on IBB in less than 1 trading day. [Click here to start following along with Bryan’s picks in The War Room today.]( [It's Called "the Singularity"]( A new indicator shows "the Singularity" could launch as soon as three months from now. This is the moment we've all feared, when artificial intelligence officially surpasses human intelligence. And when the Singularity hits, the entire world will be thrown into chaos. [Click here to learn how to prepare yourself for what's to come.]( Intuitive Surgical (Nasdaq: ISRG) Intuitive Surgical is up 5.07% premarket after the company announced a forecast for higher sales. This was driven by increased demand for its robotic surgical system. The recovery in China from COVID-19 and the rising use of its da Vinci system in the U.S. and abroad also contributed to the positive outlook. Toast (NYSE: TOST) Toast is up 5.05% premarket after reports CEO and co-founder of Ark Invest Cathie Wood purchased its stock on Monday. Toast also reported revenues of $1.03 billion, up 37.2% year on year. Its net loss also stopped at $31 million in the same quarter – less than one – third of the $98 million loss seen in the year ago period. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [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.]( [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. 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.