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AI Ramps up Tech Company

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Wed, Jun 5, 2024 12:16 PM

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Hewlett Packard surges 13.47% in premarket trading due to increased demand for AI servers. that coul

Hewlett Packard surges 13.47% in premarket trading due to increased demand for AI servers. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were up on Wednesday after the latest labor data improved expectations of an interest rate cut by the Federal Reserve. The data showed slower economic growth, which was congruent with Monday’s data showing US manufacturing activity had slowed. While trading the markets is our bread and butter at Monument Traders Alliance, we also believe it’s important to consider other investment options outside traditional stocks. Our friend and Chief Income Strategist at Oxford Club Marc Lichtenfeld has an [alternative investment]( that could hand you big monthly income – and it’s not a stock, bond or private company. [Click here to receive Marc’s No. 1 pick for 2024.]( Here’s a look at the top-moving stocks this morning. Hewlett Packard Enterprise (Nasdaq: HPE) Hewlett Packard is up 13.47% in premarket trading after raising its 2024 outlook following a second-quarter earnings beat due to high demand for its AI servers. The company said it's benefiting from less supply restrictions from Nvidia's chips. Its earnings came in at $0.42 per share, which beat the Zacks Consensus Estimate of $0.38 per share. The quarterly report represents an earnings surprise of 10.53%. Tech companies have been focusing on AI to build infrastructure, and there’s a little-known [AI startup]( that has the potential to dominate the $25.6 trillion per year AI market. [Click here to discover “Nvidia’s Secret Partner” and how you can get in today.]( Crowdstrike Holdings (Nasdaq: CRWD) Crowdstrike Holdings is up 10.15% in premarket trading after the cybersecurity company reported second-quarter revenue that was above market estimates on Tuesday. The company cited strong demand for its cybersecruity services in the midst of growing online challenges. [Discover the 3-Minute Secret to Wealth]( Alexander Green reveals how a 3-minute discussion transformed his investment strategy and wealth... top gains of 227% in 22 days... 754% in 60 days... 439% in 90 days... and even 1,163% in 100 days. [Click to discover what he learned.]( DXC Technology (NYSE: DXC) DXC Technology is up 5.82% in premarket trading after the IT services and consulting company beat the Zacks Consensus Estimate of 83 cents per share after posting earnings of 97 cents per share. It also reported revenues of $3.39 billion, which was higher than the consensus fo $3.37 billion. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [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. 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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