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

1000 - UMich consumer sentiment for April: Expected 48.5; Prior 47.6
1000 - UMich 5-year inflation expectations for April: Expected 3.4%; Prior 3.4%
1000 - UMich 1-year inflation expectations for April: Expected 4.8%; Prior 4.8%

Intel Corp (INTC)

+26.94%

Gapping up after its Q1 2026 earnings report, with revenue of $13.58 billion and adjusted earnings of $0.29 per share sharply exceeding estimates of $12.3 billion and $0.01, respectively. Gross margin of 41% outpaced estimates of 34.5%, and revenue in the Data Center & AI and Intel Foundry businesses grew by more than 10% each. Intel projected adjusted earnings of $0.20 per share for Q1 2026, implying 166% year-over-year growth, and projected quarterly revenue between $13.8 and $14.8 billion. Evercore ISI upgraded the stock to Buy, while analysts from the likes of Northland and HSBC issued bullish notes or increased their price targets on Intel following the report.

Tesla Inc (TSLA)

+0.67%

Trading higher premarket after CEO Elon Musk highlighted early production progress of its Cybercab robotaxi at Gigafactory Texas and emphasized the company’s scaled AI capabilities. The announcement follows Tesla’s Q1 2026 earnings release on Wednesday, during which the company outlined a sharp increase in capital expenditures to support its expanding AI strategy and upcoming vehicle production ramp.

Oil and Energy Stocks

+0.27%

On watch as a group after US President Donald Trump announced a three-week extension to a ceasefire between Lebanon and Israel. The declaration followed a meeting between Trump and representatives from both countries, along with other top US officials. Earlier on Thursday, Trump asked reporters not to “rush” him when it comes to striking a deal and ending the conflict between the US and Iran. On Friday morning, Bloomberg reported that the foreign minister of Iran is set to arrive in Islamabad, Pakistan on Friday; Pakistan has served as a mediator in the US-Iran negotiations.

USO, OXY, XOM, CVX, DVN, MRO, BATL, EONR, RE

Chips and AI Plays

+6.78%

Several members of the group are trading sharply higher following a stronger-than-expected earnings report and guidance issuance from Intel. Many of these tickers rallied have rallied throughout the week; AMD is up nearly 10% on the week as of Thursday’s close, while Arm has gained over 22%. Separately, SEC filings revealed that Arm CFO Jason Child sold $3.83 million in Arm stock on Wednesday, April 22.

AMD, NVDA, ARM, MRVL, APLD, IREN

Taiwan Semiconductor Manufacturing Co Ltd (TSM)

+3.87%

Gapping up after Taiwan’s regulator proposed easing limits on fund allocations to single stocks, potentially allowing greater investment concentration in TSMC. The company recently reported a 58% surge in Q1 profit amid booming AI-related chip demand.

Hims & Hers Health Inc (HIMS)

+3.91%

Trading sharply higher premarket after JPMorgan initiated coverage on the stock with an Overweight rating and a $35 price target, citing its 2.5 million-subscriber direct-to-consumer platform across multiple health categories. The firm sees a turning point driven by a Novo Nordisk partnership that reduces legal uncertainty around GLP-1s and supports renewed growth through a more stable weight-loss business, broader product mix, and potential future brand collaborations.

Palantir Technologies Inc (PLTR)

+1.25%

On watch after Reuters reported that a group of activists is urging the Swiss National Bank to divest its $1.1 billion stake, citing concerns over the company’s role in US immigration enforcement. CEO Alex Karp has defended the firm’s surveillance technology, arguing it includes safeguards to prevent government overreach.

Procter & Gamble Co (PG)

+4.54%

Trading sharply higher premarket following its Q3 2026 earnings report. Revenue grew by 7% year-over-year to $21.2 billion, outpacing estimates of $20.57 billion, and adjusted earnings of $1.59 per share beat estimates of $1.56. The company guided adjusted earnings between $6.83 and $7.09 per share for FY 2026, compared to estimates of $6.94, and projected 1% to 5% year-over-year sales growth for the year.

MaxLinear Inc (MXL)

+42.80%

Gapping up after its Q1 2026 earnings report, with revenue of $137.2 million and earnings of $0.22 per share beating estimates of $134.56 million and $0.18, respectively. The company projected Q2 revenue between $160 million and $170 million and expects a non-GAAP gross margin between 58% and 61% for the quarter. Needham upgraded the stock from Hold to Buy with a $60 price target following the report.

Newmont Corporation (NEM)

+1.89%

Trading higher premarket following its Q1 2026 earnings report. The company beat EPS estimates, earning $2.90 per share versus $2.18 expected, as record gold prices helped offset lower production. However, Newmont cautioned that current-quarter output may dip and costs could rise, despite significantly higher realized gold prices compared to a year ago.

Charter Communications Inc (CHTR)

-3.63%

Trading lower premarket after its Q1 2026 earnings report. Revenue was reported at $13.6 billion, representing a 1% year-over-year decline, though residential connectivity revenue grew by 0.9%. Adjusted EBITDA declined 2.2% year-over-year to $5.6 billion. Charter’s Spectrum Internet customer base declined by 120,000 over the quarter, while Spectrum Mobile lines grew by 368,000.

Nike Inc (NKE)

+0.58%

On watch after announcing a new round of layoffs impacting 1,400 employees, just under 2% of its workforce. The job cuts will primarily impact employees in global operations and technology across North America, Asia, and Europe as Nike works to streamline operations amid a prolonged sales slump.

Microsoft Corp (MSFT)

+1.26%

Famed “Big Short” investor Michael Burry announced via a Substack post that he entered a long position in Microsoft as of Thursday. Burry also announced that he added to long positions in PayPal and Adobe, both of which have struggled in recent months.

Cheetah Supply Chain Service Inc (CTNT)

+59.69%

Gapping up on no apparent news catalyst. The company has a market capitalization of $1.22 million and a float of 36 million shares.