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Car Retailer Skyrockets...

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Fri, Feb 23, 2024 12:58 PM

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Carvana records first ever annual profit and forecasts significant core profits Good Morning Wake-Up

Carvana records first ever annual profit and forecasts significant core profits [Trade of the Day Wake-Up Watchlist] Attention Traders: Bryan and Karim are hosting their 2nd annual Bootcamp in Montreal this June. The event is almost sold out, but there are still a few spots remaining. [Click here to reserve a seat at this exclusive live event.]( Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stocks took a breather after a record-breaking rally yesterday. Nvidia’s $277 billion one-day led to a market capitalization surge that was the biggest single-session increase in value ever – surpassing a $197 billion gain by Meta Platforms. The next question will be if the tech rally can seep into other sectors, which would increase bets that the Fed will cut rates. With more companies reporting earnings, Nate Bear is dropping next month’s [“ONE TICKER PAYOUT”]( on Monday. [Click here to get that pick and learn how Nate trades the “post-earnings surge” for maximum potential gains.]( Here’s a look at the top-moving stocks this morning. Maravai LifeSciences Holdings, Inc. (MRVI) Maravai is up 21.53% in premarket after its latest earnings report. Despite a net loss of $138 million, the company achieved an adjusted EBITDA margin of 23% for the full year, reflecting the company’s effort to reduce costs and maintain operational efficiency. Overall, the net loss came as a result of reduced demand for COVID-19 related products, and the biotech group will look at new products and patents to weather the storm in 2024. Carvana (NYSE: CVNA) Carvana is up 35.18% in premarket after recording its first-ever annual profit on Thursday, helped by its pact with bondholders to cut its outstanding debt by $1 billion. The company also forecast an adjusted core profit for the first quarter “significantly above” $100 million. [The AI Singularity Clock Is Ticking]( We've seen the dot-com crash... the housing bubble... and the COVID crash... but we've never seen anything like what's coming for artificial intelligence in as little as three months. It's called "the Singularity," and it refers to the exact millisecond when AI breaks free from its shackles to grow BILLIONS of times more powerful than humans. [Click here to ensure you'll be on the right side of this historic event.]( Block, Inc. (NYSE: SQ) Block is up 15.73% in premarket due to the company’s strong performance in the fourth quarter of 2023. Block reported adjusted earnings per share of $0.45, which, although below the expected $0.59, was accompanied by net revenue of $5.77 billion, aligning with estimates. The company significantly outperformed expectations with adjusted EBITDA of $562 million, surpassing the estimated $447 million. [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.

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