Lyft Rides Higher

Rideshare company spikes in premarket after boosting ridership and surpassing earnings estimates. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures jolted higher on Wednesday after a hotter-than-expected CPI report led to a sell-off yesterday. Despite the biggest drop in the Dow index since March 2023, investors remained optimistic. U.S. Bank Wealth Management chief equity strategist Terry Sandven said the pullback “allows valuations to come a little more in line with fundamentals.” Blackrock portfolio manager Russ Koesterich also sees the setback as temporary. Big dips in the indexes can ellicit a lot of negative emotions, but our trading tacticians at Monument Traders Alliance have been there before. Every Wednesday our Head Trading Tactician Bryan Bottarelli lines up one simple trade. And in just seven minutes, you can see how it can help you capture an [80% win rate](. [Click here to unlock Bryan’s 7-minute trading secret.]( Here’s a look at the top-moving stocks this morning. Lyft, Inc. (Nasdaq: LYFT) Lyft is up 20.12% in premarket after their fourth-quarter earnings report. The rideshare company showcased an increase in ridership, leading to a boost in revenues. They also reported 190.8 million rides for the quarter, surpassing the estimated 183.97 million, and matched revenue expectations with $1.22 billion. The company also provided optimistic first-quarter gross bookings guidance, suggesting a positive outlook for the near future. QuidelOrtho Corporation (Nasdaq: QDEL) QuidelOrtho is down 37.86% in premarket trading after reporting a decrease in total revenue to $743 million in Q4 2023, down from $867 million in the prior year period. For the full year, QuidelOrto reported $3 billion in revenue, with respiratory revenue decreasing by 61%. [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.]( Upstart Holdings (Nasdaq: UPST) Upstart Holdings is down 16.43% premarket. The decline can be attributed to their latest financial results. Total revenue came in at $140 million for the fourth quarter of 2023, a decrease of 4% from the fourth quarter of 2022, but up 4% sequentially. Robinhood (Nasdaq: HOOD) Robinhood is up 14.36% in premarket trading. The move was primarily driven by its unexpectedly strong fourth-quarter earnings report. The company's earnings per share (EPS) came in at $0.03, surpassing the analyst expectations which predicted a loss of $0.01 per share. Additionally, Robinhood reported revenue of $471 million for the quarter, exceeding the forecasted $457 million. Earnings reports have the potential to create big up or down moves in a stock. However, the truth is there are plenty of more opportunities for winning trades [AFTER earnings](. [Click here to learn more about how our Lead Technical Tactician Nate Bear uses what he calls the “post-earnings surge” to trade ONE TICKER over and over again for maximum potential gains.]( [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.]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. 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