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

1215 - Fed’s Barkin speaks
1400 - Fed’s Waller speaks

Netflix Inc (NFLX)

-10.20%

Gapping down after its Q1 2026 earnings report. Revenue of $12.25 billion beat estimates of $12.17 billion and represented 16% year-over-year growth. The company posted earnings of $1.23 per share, an 86% year-over-year improvement, which was attributed in part to the termination fee paid by Warner Bros Discovery after the companies’ merger fell through. Netflix projected Q2 2026 revenue of $12.57 billion and EPS of $0.78, missing estimates of $12.63 billion and $0.84, respectively. Separately, the company announced that co-founder and board chairman Reed Hastings will be leaving the board when his term ends in June 2026.

Tesla Inc (TSLA)

+0.59%

Job postings on the company’s website indicate that Tesla is hiring semiconductor engineers in Taiwan for its Terafab AI chip complex. According to the postings, Tesla is seeking candidates with experience in advanced nodes below 7nm, including 2nm-class technologies. The Terafab facility is expected to develop a range of chips such as edge AI processors, space-grade semiconductors for satellites, and high-bandwidth memory. Separately, Bloomberg reported that SpaceX has accelerated the vesting date for employee shares to as early as next week, signaling its IPO timeline may be moving faster than expected.

Apple Inc (AAPL)

+0.49%

Counterpoint Research reported that iPhone shipments in China jump 20% in Q1, the strongest growth among major vendors. The gain came despite a 4% decline in the overall smartphone market, pressured by supply chain disruptions and rising memory chip costs.

Oil and Energy Stocks

-1.32%

Pulling back premarket amid renewed optimism surrounding a potential resolution to the conflict in the Middle East. On Thursday, US President Donald Trump announced a 10-day ceasefire between Lebanon and Israel that was set to begin at 5:00 PM ET that same day. Later in the afternoon, Trump told reporters that the conflict in Iran was “going along swimmingly” and “should be ending pretty soon”. Trump also opined that gas prices are “not very high”.

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

Crypto Stocks

+0.66%

Trading marginally higher premarket in tandem with Bitcoin, which briefly breached a ten-week high to trade above $76,200 on Friday morning. The cryptocurrency is trading around $75,500 as of 7:10 AM ET. Ethereum is trading marginally higher premarket, near the $2,350, though it has yet to break the local high of $2,450 reached earlier this week.

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

Brookfield Asset Management Ltd (BAM)

+0.62%

Trading marginally higher with notable premarket volume after selling a minority stake in La Trobe Financial to Abu Dhabi-based Axight. The deal, which values La Trobe at $2.15 billion, allows Brookfield to retain majority ownership. The transaction is intended to support La Trobe’s next growth phase, following an increase in assets under management from A$14B to A$23B over the past four years.

Amazon.com and Alphabet

+0.21%

NiSource Inc (NYSE: NI) announced energy agreements with both Amazon and Alphabet. The company signed a long-term energy supply deal with a unit of Alphabet to power a large Indiana data center starting in summer 2026, while also expanding its agreement with Amazon. The Amazon deal aims to accelerate power delivery to its sites and provide earlier bill credits for households.

AMZN, GOOGL

Oracle Corp (ORCL)

+2.05%

The stock is poised to print its sixth straight winning session and is on track for its best week since 1999. Oracle got a boost on Tuesday after announcing an expanded deal with Bloom Energy, which included the issuance of warrants from Bloom.

Taiwan Semiconductor Manufacturing Co Ltd (TSM)

+0.93%

Trading marginally higher premarket following an analyst note from Aletheia Capital. The firm noted that Taiwan Semi raised its 2026 revenue growth outlook to above 30% durin its earnings report on Thursday, with plans to spend up to $56B in capex amid strong AI demand and tight supply. Aletheia expects massive multi-year investment in advanced nodes and packaging could support well above 30% CAGR, with EPS potentially doubling from 2026 to 2028 if execution holds.

Fluence Energy Inc (FLNC)

-10.55%

Gapping down after UBS downgraded the stock from Neutral to Sell and slashed its price target from $22 to $8. The firm expects US tax policy to drive a surge in battery supply that could pressure pricing and margins. UBS argues the stock’s valuation assumes overly optimistic EBITDA growth and expects future oversupply in battery storage systems to significantly reduce profitability versus prior forecasts.

Affirm Holdings Inc (AFRM)

+4.21%

Trading sharply higher premarket after Morgan Stanley named the stock a Top Pick, arguing that concerns over private credit risk are overstated and that the company has a strong setup for growth and catalysts. The bank expects potential upward revisions to estimates, sustained 30%+ GMV growth, and improved margins. Upcoming investor updates are also seen as a key near-term driver.

Uber Technologies Inc (UBER)

+1.11%

The company is buying a 4.5% stake in Delivery Hero from Prosus for about €270M in a transaction that will make Uber the fourth-largest shareholder in Delivery Hero. The move supports Uber’s aggressive European expansion strategy, targeting an additional $1B in gross bookings over the next three years. Separately, Uber announced a new feature on Uber Eats that will allow customers to return retail items. For a fee, Uber couriers will pick up the items in question from the customer and return them to the store.

Blaize Holdings Inc (BZAI)

+19.36%

Gapping up after announcing a deal with NeoTensr worth up to $50M to deploy co-branded AI edge data center infrastructure across Asia Pacific, with potential to generate that amount in the first year. The agreement increases the total potential value of their partnership to as much as $70M.