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

0830 - PPI m/m for March: Expected 1.1%; Prior 0.7%
0830 - PPI y/y for March: Expected 4.6%; Prior 3.4%
0830 - Core PPI m/m for March: Expected 0.4%; Prior 0.5%
0830 - Core PPI y/y for March: Expected 4.1%; Prior 3.9%
1215 - Fed’s Goolsbee speaks
1245 - Fed’s Barr speaks
1300 - Fed’s Paulson, Fed’s Collins, Fed’s Barkin, and Fed’s Barr speak

Bloom Energy Corp (BE)

+13.66%

Gapping up after expanding its partnership with Oracle to support up to 2.8 GW of fuel cell deployments for AI and cloud infrastructure, with an initial 1.2 GW already contracted. The deal highlights growing demand for reliable power solutions to support energy-intensive AI and data center workloads.

JPMorgan, Wells Fargo, and Citigroup

-1.43%

All three of these major financial institutions are slated to post Q1 2026 earnings before the bell on Tuesday, April 14. JPMorgan posted managed revenue of $50.54 billion, above estimates and marking a 10% year-over-year increase, with EPS and FICC sales & trading revenue also beating estimates. The firm expects net interest income around $103 billion for FY 2026, below its prior outlook of $104.5 billion. Wells Fargo posted lower-than-expected quarterly revenue of $21.45 billion, though this number still represented 6% year-over-year growth; its net interest income similarly missed estimates while growing modestly on a year-over-year basis. Citigroup is expected to report at 8:00 AM ET.

JPM, WFC, C

United Airlines and American Airlines

+4.28%

Trading sharply higher premarket after Bloomberg reported that United CEO Scott Kirby floated the idea of a potential merger with American Airlines to top US officials. The proposal suggests combining the two major carriers to strengthen global competitiveness against foreign airlines, potentially marking the largest U.S. airline consolidation in over a decade.

UAL, AAL

Crypto Stocks

+2.21%

Trading higher as a group following a strong session for crypto assets on Monday. Bitcoin opened Monday’s session near $70,500 and closed around $74,500, while Ethereum broke a multi-week high and closed 8% higher. Cryptocurrency names appeared to be trading higher in sympathy with a market-wide move to the upside as traders digested headlines and risks related to the conflict in the Middle East. Both Ethereum and Bitcoin are relatively flat to start Tuesday’s session.

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

Tesla and Ford

+1.55%

Both auto stocks are trading higher premarket after being upgraded by UBS. The analyst upgraded Tesla from Sell to Neutral with a $352 price target, saying current valuation fairly reflects both near-term EV demand headwinds and long-term “physical AI” upside. UBS noted that Tesla continues to trade more on sentiment and momentum than fundamentals, with risks from higher costs and heavy investment offset by expected progress in robotaxi and Optimus. Ford was upgraded to Buy with a $15 price target, arguing the market is underestimating Ford’s earnings power through 2027. UBS sees the company’s EPS rising above $2 by 2027 and potentially moving toward $3 longer term.

TSLA, F

Robinhood Markets Inc (HOOD)

+3.60%

The stock was reiterated by Bernstein with an Outperform rating and a $130 price target. The analyst attributed the rating to perceived upside driven by a rebound in crypto markets and rapid growth in prediction markets revenue. Bernstein forecasts revenue and EPS above consensus through 2027, arguing recent weakness is already priced in. The firm noted that Robinhood still has a long runway to gain share across trading, banking, and advisory markets.

Novo Nordisk A/S (NVO)

+2.79%

Trading higher premarket after announcing a partnership with OpenAI to accelerate drug discovery by using AI to analyze complex biomedical data and identify potential new treatments. The collaboration aims to shorten the drug development timeline by improving research efficiency and speeding up the path from discovery to patient use.

Oracle Corp (ORCL)

+3.78%

As part of the companies’ expansion of their deployment deal, Bloom Energy disclosed on Monday that Oracle received a warrant on April 9 to buy up to 3.53 million shares of Bloom for $400 million at $113.28 per share. Given the sharp upward reaction in Bloom’s stock, Oracle has already gained more than $300 million from the transaction on paper. The warrant agreement was first disclosed in October of 2025, and Oracle has until October of 2026 to exercise the warrant.

Lucid Group Inc (LCID)

+6.60%

Gapping up after announcing that the company will receive $1.05B in new funding and expand its robotaxi partnership with Uber Technologies to at least 35,000 vehicles. Uber is contributing an additional $200M (bringing its total to $500M), while a Public Investment Fund affiliate will invest $550M. Within half an hour of the announcement, Lucid announced that it has filed for a stock offering of unspecified size. Roughly 33% of Lucid’s float is sold short.

SanDisk Corp (SNDK)

+2.15%

Evercore initiated the stock with an Outperform rating, a $1,200 price target, and a $2,600 bull case, citing its strong positioning in AI-driven storage demand. The firm expects sustained growth from pricing discipline, expanding data center exposure, improving margins and cash flow, and potential shareholder returns through buybacks following balance sheet deleveraging. The upgrade follows Friday’s announcement that SanDisk will be replacing Atlassian in the Nasdaq-100 Index, effective April 20, 2026.

Amazon.com and Globalstar

+1.33%

On watch as a pair after Bloomberg reported that Amazon is in advanced talks to acquire Globalstar, a move that would strengthen its efforts to build a satellite network. The report indicates that a deal between the companies could be announced as soon as Tuesday. Amazon is trading marginally higher premarket, while Globalstar is gapping up sharply on low volume.

AMZN, GSAT

Credo Technology Group Holdings (CRDO)

+19.81%

Gapping up after announcing a deal to acquire DustPhotonics for $750 million in cash plus stock, with additional milestone-based payments possible. The acquisition expands Credo into the photonics segment alongside its core electrical connectivity business, positioning it to target AI data center networks. The company is projecting optical revenue of greater than $500 million by fiscal 2027.

Johnson & Johnson (JNJ)

-0.88%

On watch after its Q1 2026 earnings report. Revenue came in at $24.06 billion, above estimates of $23.61 billion and representing 9.9% year-over-year growth. Adjusted earnings of $2.70 per share narrowly beat estimates of $2.68 but represented a 2.5% decline. The company’s Innovative Medicine and MedTech segments grew by 11.2% and 7.2% year-over-year, respectively. Johnson & Johnson provided slightly better-than-expected revenue guidance for FY 2026, though its EPS outlook for the same period was in-line with estimates.

Apple Inc (AAPL)

-0.06%

On watch after Bank of America raised its price target on the stock to $325, projecting March-quarter results above consensus with stronger revenue, EPS, and iPhone shipments. The firm also expects June-quarter estimates to come in ahead of Street forecasts, signaling continued momentum in Apple’s near-term performance.

Perfect Moment Ltd (PMNT)

+120.49%

Gapping up with strong premarket volume. On March 30, 2026, the company announced that it will receive $12 million in new funding to help accelerate their growth and expansion plans. Perfect Moment has a market capitalization of $11.4 million and a float of 20.5 million shares, 7.2% of which are sold short.