Wow Meta...

Tech giant announces its first-ever dividend and surges 16% in premarket trading.‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures rose on Friday, driven by blowout earnings from several big tech companies (more on that below). Not to be outdone, big oil also saw a boost, with both Chevron and Exxon rising after beating profit expectations. Next, investors will parse monthly jobs data and hopefully gather clues into when/if the Federal Reserve will cut rates in March. Here's a look at the top-moving stocks this morning. Clorox (NYSE: CLX) Clorox is up 8% in premarket trading, propelled by its latest earnings report for the second quarter 2024. It reported a significant year-on-year revenue increase of 16%, reaching $1.99 billion, and a non-GAAP profit of $2.16 per share, nearly doubling from the previous year. The robust performance reflects the effective execution of Clorox's recovery plan. Our Head Trading Tactician Bryan Bottarelli placed an overnight trade on CLX yesterday in The War Room. Click here to unlock that trade. Amazon.com, Inc. (Nasdaq: AMZN) Amazon is up 6% in premarket after impressive holiday-quarter sales and the growing success of its AI-powered cloud business. The company reported a 14% rise in sales for the holiday quarter, surpassing expectations despite a challenging economic environment. This positive trend, bolstered by the company's substantial investments in AI and cloud infrastructure, has led to upward revisions in price targets by several brokerages. Amazon also provided an optimistic revenue forecast for the current quarter, further boosting investor confidence. Our Lead Technical Tactician Nate Bear opened a trade on AMZN this week on the notion that AMZN would go higher into earnings. Click here to see that trade and get all of Nate's trades in Daily Profits Live. Meta Platforms (Nasdaq: META) Meta Platforms is up 16.96% in premarket, fueled by its announcement of a first-ever dividend and strong quarterly results. The tech giant's robust financial performance, marked by a $40.1 billion revenue in Q4 and the launch of a $50 billion share repurchase program, significantly bolstered investor confidence. These moves, coupled with strategic investments in AI and the metaverse, positioned Meta favorably in the market, leading to a significant increase in its stock value. Deckers (NYSE: DECK) Deckers is up 9% in premarket trading following a stellar Q3 fiscal 2024 report. The company announced record-breaking revenue and earnings, with a remarkable 16% increase in revenue to $1.56 billion and a 44% boost in diluted EPS to $15.11. The impressive results are attributed to strong performances by the HOKA and UGG brands, driven by direct-to-consumer sales and high full-price selling. The company also raised its full fiscal year 2024 revenue guidance to approximately $4.15 billion, indicating a confident outlook. Those are the biggest stock movers for today. Happy trading! 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