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 youâre sipping coffee youâll see stocks took a breather after a record-breaking rally yesterday. Nvidiaâs $277 billion one-day led to a market capitalization surge that was the biggest single-session increase in value ever â 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 monthâs [âONE TICKER PAYOUTâ]( on Monday. [Click here to get that pick and learn how Nate trades the âpost-earnings surgeâ for maximum potential gains.]( Hereâs 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 companyâs 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 âsignificantly aboveâ $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 companyâs 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.
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