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

1245 - Fed’s Barkin speaks

NVIDIA Corp (NVDA)

+0.62%

On watch ahead of its hotly-anticipated earnings report, scheduled to be released after the bell on Wednesday, August 27. Analysts are looking for the company to post earnings of $0.98 per share and sales of $45.91 billion for the fiscal quarter. Separately, US Treasury Secretary Scott Bessent commented that the US is unlikely to take a stake in Nvidia, saying that the company does not need their financial support; the US government took a stake in fellow semiconductor company Intel earlier this month.

MongoDB Inc (MDB)

+30.74%

Gapping up after releasing its earnings report for fiscal Q2 2026, with adjusted earnings of $1.00 per share and sales of $591.402 million beating estimates of $0.66 and $552.459 million, respectively. The company guided adjusted earnings between $0.76 and $0.79 per share for Q3, above estimates of $0.71, with its quarterly sales guide of $587 million-$592 million also beating estimates. MongoDB raised its EPS and sales projections for the fiscal year, both of which now exceed analyst estimates.

PayPal Holdings Inc (PYPL)

-2.48%

Trading lower premarket on reports that German banks have blocked PayPal transactions worth several billion euros. According to a report from the SZ, a local news source in Germany, the block began after the PayPal’s security systems failed to properly filter out fraudulent payments.

Amazon.com Inc (AMZN)

+0.06%

Vietnam’s Ministry of Science and Technology announced that Amazon plans to invest $570 million in Vietnam by 2030 to deploy its Kuiper satellite broadband services. This would include building up to six ground stations and partnering locally for terminal manufacturing. The company has set up a Vietnamese entity and applied for a five-year pilot program.

Kohl’s Corp (KSS)

+15.03%

Gapping up following its Q2 2025 earnings report. Adjusted earnings of $0.56 per share beat estimates of $0.29, while sales of $3.546 billion exceeded estimates of $3.31 billion despite a 4.2% year-over-year decline in comparable sales. The company guided adjusted earnings between $0.50 and $0.80 per share for the fiscal year, beating estimates of $0.45, and raised its sales projection for the same period.

CoreWeave (CRWV)

+1.94%

Trading higher premarket after Cantor Fitzgerald initiated coverage on the stock with an Overweight rating and a $116 price target, highlighting strong AI market opportunities despite execution risks. The firm expects CoreWeave to benefit from surging demand in large language model training and inference but cautioned about risks such as customer concentration, financing, and power supply challenges.

UnitedHealth Group Inc (UNH)

-0.56%

The U.S. Justice Department is investigating the company’s Optum Rx unit over its prescription management practices and reimbursement methods for doctors, as reported by Bloomberg. UnitedHealth has acknowledged the probe and said it is cooperating with both criminal and civil requests from federal authorities.

Okta Inc (OKTA)

+4.36%

Trading higher premarket following its Q2 earnings report, with adjusted earnings of $0.91 per share and sales of $728 million beating estimates of $0.84 and $712.011 million, respectively. The company guided in-line earnings of $0.75 per share for Q3 and projected sales between $728 million and $730 million for the same period, beating estimates of $723.546 million. Okta raised its EPS and sales projections for the fiscal year, both of which exceed analyst estimates.

Chinese ADRs

-1.02%

Trading lower as a group following a weak overnight trading session on Wednesday. China’s CSI 300 Index closed nearly 1.5% lower on the session, while the tech-heavy Hang Seng Index recorded a 1.27% loss. The decline has been largely attributed to a pullback following outsized strength in Chinese stocks in recent weeks.

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

Abercrombie & Fitch Co (ANF)

-2.92%

Trading lower premarket following its Q2 2025 earnings report. Adjusted earnings of $2.32 per share beat estimates of $2.30, and sales of $1.209 billion beat estimates of $1.195 billion. The company guided GAAP earnings of $2.05 to $2.25 per share for Q3 2025, missing estimates of $2.55, though its sales guidance of $1.27 billion-$1.29 billion for the same quarter exceeded estimates of $1.261 billion. Abercrombie also raised its sales and GAAP EPS outlook for the fiscal year, both of which are in-line with analyst estimates.

Canada Goose Holdings Inc (GOOS)

+15.04%

Gapping up after CNBC reported that Bain Capital, the company’s controlling shareholder, has received takeover bids valuing Canada Goose at about $1.35 billion to $1.4 billion. Interested bidders include Boyu Capital, Advent International, Bosideng International, and a FountainVest–Anta Sports consortium. Bain is expected to make a decision after reviewing additional offers.

NovaBay Pharmaceuticals Inc (NBY)

+86.88%

Gapping up after announcing a one-time cash dividend of $0.80 per share, to be paid on September 29, 2025. Additionally, investor David E. Lazar disclosed a 19.99% stake in the company as of 13D filings dated August 19, 2025. The stock has a market capitalization of $5.24 million and a float of 5.82 million shares.