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

0830 - PCE m/m for February: Expected 0.4%; Prior 0.3%
0830 - PCE y/y for February: Expected 2.8%; Prior 2.8%
0830 - Core PCE m/m for February: Expected 0.4%; Prior 0.4%
0830 - Core PCE y/y for February: Expected 3%; Prior 3.1%
0830 - GDP q/q (final) for Q4 2025: Expected 0.7%; Prior 0.7%
0830 - Personal spending m/m for February: Expected 0.6%; Prior 0.4%
0830 - Initial jobless claims: Expected 210k; Prior 202k

CoreWeave (CRWV)

+7.47%

Gapping up after signing an expanded long-term agreement worth about $21 billion with Meta Platforms to provide AI cloud capacity through 2032, deepening their partnership to support Meta’s AI development. The deployment will span multiple locations and include early use of NVIDIA Vera Rubin, underscoring rising demand for scalable, high-performance infrastructure for large AI workloads. CoreWeave also announced that it will be issuing senior notes valued at up to $3 billion.

Meta Platforms Inc (META)

+0.68%

The stock closed more than 6% higher on Wednesday after unveiling its new AI model Muse Spark, developed under its Superintelligence Labs led by Alexandr Wang. This move follows earlier setbacks with its open-source models, prompting Meta CEO Mark Zuckerberg to shift strategy and invest heavily in rebuilding momentum in the AI race. Analysts like Morgan Stanley and Bank of America weighed in on the stock following the announcement, calling Muse Spark a foundation for future monetization through improved ads, commerce tools, and potential subscription offerings.

Oil and Energy Stocks

+2.35%

On Wednesday afternoon, Iran’s parliamentary speaker shared a social media post in which he claimed that the US had violated its ceasefire agreement with Iran. Mohammad Bagher Ghalibaf’s post outlined three aspects of Iran’s ten-point peace agreement which he said had been breached. Oil futures and related assets sold off for much of Wednesday’s session following the two-week ceasefire announcement, though these assets began to bounce after Ghalibaf’s post around 2:00 PM ET.

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

Tesla Inc (TSLA)

-0.35%

Reuters reported that the company is developing a new smaller, lower-cost electric SUV, engaging suppliers on design and manufacturing details for a model distinct from the Model 3 and Model Y. The compact vehicle, expected to be produced first in China with potential expansion to the U.S. and Europe, would be significantly shorter than the Model Y. This update emphasizes Tesla’s push into more affordable EV segments.

Amazon.com Inc (AMZN)

+0.87%

CEO Andy Jassy released a letter to shareholders in which the company disclosed that its cloud division’s AI revenue run rate exceeded $15 billion in Q1 2026 and is growing rapidly, though expansion is being constrained by industry-wide capacity limits. Jassy also said that the company’s chips business, including Graviton and Trainium, has surpassed a $20 billion annual revenue run rate.

Marvell Technology Inc (MRVL)

+1.69%

Trading higher premarket after Barclays upgraded the stock to Overweight and raised its price target from $105 to $150, citing improving sentiment driven by strong growth expectations in optical networking. The firm expects optical demand to surge through 2027 and remains optimistic about contributions from customers like Microsoft and Amazon.

Alibaba Group Holding Ltd (BABA)

-0.32%

The Information reported that the company launched a new AI video model, HappyHorse-1.0. The model has quickly reached the top ranking on Artificial Analysis for both text-to-video and image-to-video, outperforming ByteDance’s Seedance 2.0. HappyHorse-1.0 is expected to be rolled out to enterprise customers via Alibaba’s cloud division, signaling a push to commercialize its leading AI video capabilities. Separately, Jefferies cut its price target on the stock from $212 to $185, though it maintained a Buy rating on the stock.

Super Micro Computer Inc (SMCI)

-0.81%

On Wednesday evening, the company shared a social media post in which it appeared to announce its involvement in Elon Musk’s Terafab project, a planned semiconductor fabrication complex in Texas. The apparent announcement, in which Super Micro said it is “proud to strength [its] collaboration” with several of the companies involved, came one day after Intel announced that it had joined Terafab.

Microsoft Corp (MSFT)

+0.02%

Axios reported that Microsoft-backed OpenAI is reportedly planning a limited, staggered rollout of a new model with advanced cybersecurity capabilities, restricting access to select companies due to misuse concerns. The approach mirrors Anthropic’s controlled release strategy for its Mythos model, emphasizing caution around powerful AI tools. Additionally, OpenAI CFO Sarah Friar indicated that the company will set aside a portion of shares for retail investors when its hotly-anticipated IPO takes place.

Palantir Technologies Inc (PLTR)

+0.43%

Trading marginally higher premarket following a more-than-6% decline on Wednesday as noted investor Michael Burry made bearish remarks about the stock. Burry, who previously disclosed a short position in Palantir, said that Anthropic is “eating Palantir’s lunch” in the enterprise space. He said that Palantir’s government business is “low margin and small” compared to the commercial side of things, adding that Anthropic appears to be adding annual recurring revenue at an aggressive pace.

American Airlines Group Inc (AAL)

-1.32%

The company faces a proposed $255,000 civil penalty from the Federal Aviation Administration for allegedly violating drug and alcohol compliance rules. The FAA claims the airline allowed 12 flight attendants who tested positive to return to safety-sensitive duties without completing required follow-up testing. The company has 30 days to respond. The airline sector is also trading lower amid a rebound in oil prices as the conflict in the Middle East continues.

Applied Digital Corp (APLD)

-1.58%

Trading lower premarket after its Q3 2026 earnings report. The company posted revenue of $126.6 million, representing 139% year-over-year growth, with adjusted EPS of $0.09 beating estimates of $0.14. Data center hosting revenue grew by 7% year-over-year to $37.5 million. Applied Digital noted a one-time charge related to its cloud business, which resulted in its net loss widening on a year-over-year basis.

BlackBerry (BB)

+9.63%

The company posted 10% year-over-year revenue growth for Q4 2026, with revenue reaching $156 million. Adjusted gross margin improved by 5 percentage points to reach 78.2%, with GAAP gross margin reported at 77.8%. The company posted a 71% year-over-year increase in EBITDA to $36.1 million for the quarter.