^{_{Welcome to the TraderTV Live Morning Research Note. Here's what's making major moves in the market today.}}

1000 - NY Fed inflation expectations for March: Prior 3.1%
1200 - Fed’s Barkin speaks
1300 - Fed’s Waller speaks
1800 - Fed’s Harker speaks
1940 - Fed’s Bostic speaks

Big Tech and Semiconductors

+3.12%

Trading higher as a group after the Trump administration announced temporary tariff exemptions for key technology products made in China, as per guidance issued by US Customers and Border Protection. The exclusions, which apply to items like smartphones and chips, offer short-term relief. Both President Trump and Commerce Secretary Howard Lutnick have indicated that the semiconductor industry will face specific tariffs, to be announced in the coming weeks or months. Separately, data from Counterpoint Research indicates that Apple was the leading company in global smartphone sales in Q1 2025.

AAPL, SMCI, META, MSFT, NVDA, INTC, AMZN, GOOGL, PLTR

Goldman Sachs Group Inc (GS)

+2.74%

Trading higher premarket after its Q1 2025 earnings report, during which the company announced a share buyback program valued at up to $40 billion. Goldman Sachs reported adjusted earnings of $14.12 per share and sales of $15.06 billion, exceeding estimates of $12.35 and $14.81 billion, respectively. CEO David Solomon expressed the company’s continued confidence despite his acknowledgement of a “markedly different operating environment” compared to prior months.

Meta Platforms Inc (META)

+0.87%

On watch after Andrew Ferguson, Chairman of the Federal Trade Commission, commented that the FTC is “certain” that Meta is a “monopoly”. The stock pared back its premarket gains after the comments circulated on social media around 7:45 AM ET on Monday.

Crypto Stocks

+2.27%

Trading higher as a group in tandem with a push higher for both the US stock market and Bitcoin itself. The cryptocurrency ranged between $82,500 and $86,000 over the weekend and began its session on Monday near the bottom of this range, trading above $84,500 as of Monday at 7:25 AM. Additionally, Strategy co-founder and executive chairman Michael Saylor hinted that his firm has resumed purchasing Bitcoin.

COIN, MARA, MSTR, IBIT, ETHE, RIOT, CLSK, HUT, HIVE, CAN, IREN, BTBT, BTDR

Tesla Inc (TSLA)

+1.70%

On watch after rolling out a new Spring software update across all its current models, introducing features like adaptive headlights, expanded dashcam views, and Comfort Drive for the Cybertruck. These updates, along with the launch of a more affordable Cybertruck trim, aim to reinforce Tesla’s market leadership in U.S. EV sales amid rising political scrutiny and public backlash.

Pfizer Inc (PFE)

-0.23%

Trading lower premarket with volume after announcing that it is discontinuing development of danuglipron, its oral GLP-1 receptor agonist for chronic weight management. The announcement noted that the drug met key pharmacokinetic goals in dose-optimization studies. The decision followed a review of all clinical data, including a case of potential drug-induced liver injury and feedback from regulators. Other names in the weight loss space, including Hims & Hers Health (HIMS) and Viking Therapeutics (VKTX), are trading higher premarket following the announcement.

Chinese ADRs

+2.73%

Trading higher as a group following a strong overseas session on Monday, with the tech-heavy Hang Seng Index closing 2.4% higher. Chinese President Xi Jinping is set to begin a three-nation Southeast Asia trip as investors monitoring potential developments in U.S.-China trade tensions. Additionally, Reuters reported that Chinese authorities have imposed daily net equity sale limits of 50 million yuan (approximately $6.83 million) on hedge funds and large retail investors to help stabilize the stock market.

BABA, BIDU, BILI, JD, PDD, LI, XPEV, NIO, FXI, KWEB

Webull Corp (BULL)

+143.17%

The stock began publicly trading on April 11, 2025 following a business combination with SK Growth Opportunities. The business combination was initially approved on March 30, 2025. Webull has a market capitalization of approximately $290 million.

Signing Day Sports Inc (SGN)

+37.89%

Gapping up after announcing the singing of a non-binding letter of intent to acquire 100% of blockchAIn Digital Infrastructure, a company focused on crypto mining, AI, and high-performance computing (HPC) data hosting. The acquisition would give Signing Day Sports access to blockchAIn DI’s expected 200MW of operational capacity across sites in South Carolina and Texas. The stock has a float of approximately 510,920 shares.

American Rebel Holdings Inc (AREB)

+19.00%

Gapping up premarket after receiving heightened attention from retail traders during the previous week of trading. The stock has a float of 821,410 shares, approximately 13.28% of which are sold short.