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

0830 - Trade balance for June: Expected -$61B; Prior -$71.5
0945 - S&P services PMI for July: Expected 55.2; Prior 55.2
0945 - S&P composite PMI for July: Expected 54.6; Prior 54.6
1000 - ISM services PMI for July: Expected 51.5; Prior 50.8

Palantir Technologies Inc (PLTR)

+5.70%

Trading sharply higher premarket following its Q2 2025 earnings report, with adjusted earnings of $0.16 per share and sales of $1.004 billion beating estimates of $0.14 and $939.708 million, respectively. US revenue grew by 68% year-over-year, and Commercial and Government revenue within the country grew by 93% and 53%, respectively. The company reported a 43% year-over-year increase in its customer count. Palantir guided Q3 sales between $1.083 billion and $1.087 billion, well above estimates, and raised its sales guidance for the fiscal year.

Advanced Micro Devices and Super Micro Computer

+1.65%

Both of these semiconductor stocks are on watch ahead of their post-market earnings reports on Tuesday, August 5. Analysts are expecting AMD to post earnings of $0.49 per share and revenue of $7.41 billion. Super Micro, meanwhile, is expected to post earnings of $0.44 per share and revenue of $5.99 billion.

AMD, SMCI

Hims & Hers Health Inc (HIMS)

-12.41%

Gapping down after its Q2 2025 earnings report. Earnings of $0.17 per share beat estimates of $0.14, but sales of $544.833 million missed estimates of $549.827 million. Despite the sales miss, revenue grew by 73% year-over-year. The company guided Q3 sales between $570 million and $590 million, compared to estimates of $585.42 million, and reaffirmed its FY25 sales guide of $2.3 billion to $2.4 billion.

Pfizer Inc (PFE)

+2.00%

Trading higher premarket following its Q2 2025 earnings report, with adjusted earnings of $0.78 per share and sales of $14.7 billion exceeding estimates of $0.57 and $13.407 billion, respectively. The company raised its earnings guidance to $2.90-$3.10 per share for the fiscal year, in line with estimates of $3, and reaffirmed its sales guide of $61 billion to $64 billion for the same period.

Tesla Inc (TSLA)

+0.42%

The company’s new car sales in the UK dropped nearly 60% year-over-year in July to just 987 units, according to data from the Society of Motor Manufacturers and Traders. While overall UK car registrations fell 5% in July, battery electric vehicle sales still grew 9.1%, with their 2025 market share forecast nudged up to 23.8%.

Coinbase Global Inc (COIN)

-2.94%

Trading sharply lower premarket after announcing plans to raise $2 billion by selling convertible bonds—$1 billion due in 2029 and another $1 billion due in 2032—in a private offering. These bonds can later be converted into cash or Coinbase stock, and the company may allow buyers to purchase up to $300 million more depending on demand.

Figma Inc (FIG)

+2.03%

Attempting to rebound after closing more than 27% lower on Monday, its third session as a publicly-traded company. The stock closed at $88.60, barely above its opening price of $85 on its IPO date on Thursday.

Intel Corp (INTC)

+0.36%

Fitch downgraded the company’s credit rating by one notch to BBB with a negative outlook, bringing it just two levels above junk status. The agency cited rising competitive pressure from companies like NXP, Broadcom, and AMD, along with increasing difficulty in sustaining product demand.

Lemonade Inc (LMND)

+9.05%

Gapping up after its Q2 2025 earnings report. The company reported a smaller-than-expected loss of $0.60 per share and better-than-expected sales of $164.1 million. Lemonade guided Q3 sales between $183 million and $186 million, better than the expected $177.421 million, and raised its FY25 sales guidance well above estimates.

Quantum and Nuclear Plays

+2.41%

Both groups of tickers, which all tend to receive heightened attention from retail investors, are trading higher premarket. D-Wave Quantum is leading the quantum stocks to the upside after receiving a Buy rating and $26 price target from Stifel; both D-Wave and fellow quantum company IONQ Inc report earnings later this week. The nuclear tickers, meanwhile, are on watch after the U.S. Department of Energy selected its first company for its new fuel line pilot program, part of the Trump administration’s effort to reduce reliance on foreign uranium and boost domestic nuclear fuel production.

QBTS, QUBT, IONQ, RGTI, OKLO, SMR, NNE

Navitas Semiconductor Corp (NVTS)

-18.00%

Gapping down following its Q2 2025 earnings report. The company reported losses of $0.05 per share, in-line with analyst estimates, and better-than-expected sales of $14.49 million for share. Navitas guided Q3 sales between $9.5 million and $10.5 million, well below estimates of $15.665 million.

Arteris Inc (AIP)

+60.32%

Gapping up after announcing that AMD has licensed its FlexGen network-on-chip technology for upcoming AI chip designs. The partnership aims to boost data transport in AMD's AI chiplets used in data centers, edge devices, and more by combining Arteris’ NoC IP with AMD’s interconnect system.