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

0830 - Employment costs q/q for Q3: Expected 0.9%; Prior 0.9%
1400 - US interest rate decision: Expected 3.75%; Prior 4%
1400 - FOMC Summary of Economic Projections
1430 - FOMC press conference with Fed Chair Powell

NVIDIA Corp (NVDA)

+0.08%

Reuters reported that ByteDance and Alibaba have asked the company about buying its powerful H200 AI chip after President Trump signaled it could be exported to China, but they’re waiting for Beijing’s approval and clarity on limited supply. Despite recent restrictions on Nvidia chips, Chinese tech firms are eager for the H200’s unmatched training capabilities and may pursue large—but low-profile—orders if regulators allow it. Separately, The Information reported that Chinese AI company Deepseek is training its latest model on banned Nvidia chips that were smuggled into the country.

Palantir Technologies Inc (PLTR)

+1.16%

Trading marginally higher premarket after announcing a partnership with the US Navy worth up to $448 million. The deal concerns the deployment of Palantir’s Foundry and AIP software across the Maritime Industrial Base through a new AI-driven system called ShipOS. Early pilots show dramatic efficiency gains, such as cutting submarine schedule planning from 160 hours to 10 minutes.

Amazon.com Inc (AMZN)

-0.01%

The company announced that it will be investing more than $35 billion into India’s AI and cloud sectors by 2030, adding to its prior $40 billion of prior investment in the region. Amazon intends to use the investment to supercharge digitization, exports, and job creation. The initiative is expected to create 1 million jobs, boost exports to $80 billion, and extend AI tools to 15 million small businesses as global tech giants race to expand in India’s rapidly growing AI market. Separately, Guggenheim initiated coverage on Amazon with a Buy rating.

GameStop Corp (GME)

-5.93%

Gapping down after reporting mixed Q3 2025 earnings. Adjusted earnings of $0.24 per share beat estimates of $0.20, but sales of $821 million missed estimates of $987.28 million. The company reported year-over-year declines in Hardware & Accessories and Software revenue, though Collectibles revenue grew on a year-over-year basis. GameStop said that its Bitcoin holdings were valued at $519.4 million at the end of Q3.

Marvell Technology Inc (MRVL)

+1.80%

Trading higher premarket after launching its Golden Cable initiative to speed up development of high-performance active electrical cables for AI data centers. The initiative is aimed at providing partners with validated designs, advanced firmware, and engineering support. The open architecture is designed to meet soaring short-reach connectivity demands and is already drawing support from major manufacturers. Additionally, Marvell CEO Matt Murphy appeared to deny reports that the company has lost business from Amazon or Microsoft during a CNBC interview on Tuesday.

GE Vernova Inc (GEV)

+10.61%

Gapping up after guiding stronger growth in 2026 due to expectations of higher revenue, faster expansion in its power and electrification segments, and free cash flow rising to as much as $5 billion. The company also ramped up shareholder returns by doubling its dividend and boosting its share buyback authorization to $10 billion.

Chewy Inc (CHWY)

-2.41%

Trading lower premarket after its Q3 2025 earnings report. The company posted adjusted earnings of $0.32 per share and sales of $3.117 billion, beating estimates of $0.13 and $3.099 billion, respectively.

Intel Corp (INTC)

-0.15%

The company lost its appeal against an EU antitrust ruling but saw its fine cut from €376 million to €237 million, after judges said the original penalty overstated the scope and duration of its anti-competitive payments to PC makers between 2002 and 2006. The court reaffirmed that Intel paid HP, Acer, and Lenovo to delay or block rival AMD’s products. Both Intel and the Commission can still appeal to the EU’s top court.

Cracker Barrel Old Country Store (CBRL)

-4.34%

Trading sharply lower premarket following its Q1 2026 earnings report. Adjusted losses of $0.74 per share outpaced expectations of a $0.68-per-share loss, while sales of $797.188 million missed estimates of $802.219 million. The company cut its FY26 sales outlook to $3.2 billion-$3.3 billion, below estimates of $3.378 billion.

Warner Bros Discovery Inc (WBD)

+1.17%

On watch after the Financial Times reported that Paramount Skydance CEO David Ellison met with major WBD shareholders to pitch the studio’s $108 billion all-cash hostile bid. Several WBD investors reportedly believe that Ellison’s company’s offer looks cleaner and potentially easier to approve than Netflix’s lower cash-and-stock proposal. Some shareholders signaled they may tender to Paramount unless Netflix raises its bid, as both companies continue lobbying investors ahead of key December and January deadlines.

EchoStar Corp (SATS)

+4.23%

Trading higher premarket after Morgan Stanley upgraded the stock to Overweight with a price target of $110, arguing the company’s valuable AWS-3 spectrum makes it a standout beneficiary of intensifying competition among US wireless carriers. Despite the stock’s massive YTD rally, the firm says spectrum appreciation and potential bidding from Verizon and T-Mobile justify further upside. EchoStar rallied on Tuesday afternoon after Bloomberg reported that SpaceX is gearing up for a massive IPO; EchoStar entered into a spectrum license deal with SpaceX earlier this year.

Microsoft Corp (MSFT)

-1.61%

Jefferies issued a positive note on the stock, foreseeing a 2026 enterprise push from OpenAI after the latter company hired former Slack CEO Denise Dresser as CRO. With OpenAI’s enterprise revenue already growing faster than consumer and topping 1M+ business customers, the firm says Microsoft, along with Oracle and CoreWeave, stands to benefit meaningfully from accelerating enterprise adoption.

IONQ Inc (IONQ)

-1.27%

The company is partnering with Swedish freight tech company Einride to implement the first real-world use of quantum computing on commercial transport data, as announced on Wednesday morning. IonQ’s quantum platform is integrated into Einride’s Saga system to optimize shipment allocation and fleet management.

Enveric Biosciences Inc (ENVB)

+90.03%

Gapping up. On Tuesday morning, the company announced that the USPTO has issued a Notice of Allowance for a patent covering its EVM301 Series of neuroplastogenic small-molecule therapeutics, aimed at treating psychiatric and neurological disorders. Enveric Biosciences has a market capitalization of $3.53 million and a float of 600,000 shares, approximately 7.3% of which are sold short.