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

0830 - Trade balance for September: Expected -$63.1B; Prior -$59.6B
0830 - Initial jobless claims: Expected 220k; Prior 191k
1000 - Wholesale inventories m/m for September: Expected 0.4%; Prior 0.1%

Oracle Corp (ORCL)

-11.89%

Gapping down after its Q2 2026 earnings report. Adjusted earnings of $2.26 per share handily beat estimates of $1.64, but sales of $16.058 billion missed estimates of $16.213 billion. Remaining performances obligations reached $523 billion, up 438% on a year-over-year basis. The company guided cloud revenue growth between 37% and 41% for Q3 2026 and expects overall revenue to grow by 16% to 18% for the same period.

NVIDIA Corp (NVDA)

-1.48%

Bank of America maintained a Buy rating and $275 price target for the stock, reasserting it as the firm’s top pick, after hosting the company’s VP of Investor Relations. Nvidia reiterated that its next-gen Vera Rubin and CPX inference chips remain on schedule, while its GPUs stay at least a full generation ahead of competitors, with Blackwell-based LLMs expected to deliver 10–15× performance gains in early 2026. The firm noted that Nvidia highlighted strong, visible demand supporting a $500B sales outlook through 2026, reinforced by deep customer co-design, expanding hyperscaler partnerships, and stable mid-70% gross margins.

Alphabet Inc (GOOGL)

-0.12%

Semafor reported that the company has named veteran executive Amin Vahdat as its new chief technologist for AI infrastructure as it accelerates massive data center and hardware investments expected to exceed $90 billion this year. Separately, Google’s Waymo unit recalled over 3,000 autonomous vehicles due to a software flaw causing them to pass stopped school buses; the issue has since been fixed through an update.

Gemini Space Station Inc (GEMI)

+16.55%

Gapping up receiving CFTC approval to launch prediction markets for U.S. customers after a five-year licensing process. The Winklevoss twins, who founded Gemini, say the move opens a major new growth chapter for the company. Prediction markets are set to roll out on Gemini’s web interface first, with mobile app access to be made available at a later date.

Adobe Inc (ADBE)

-0.70%

On watch after its Q4 2025 earnings report. The company posted adjusted earnings of $5.50 per share and sales of $6.194 billion, beating estimates of $5.39 and $6.108 billion, respectively. Adobe guided Q1 2026 sales between $6.25 billion and $6.3 billion, above estimates of $6.237 billion, with its adjusted and GAAP EPS estimates for the period similarly exceeding estimates. The company’s adjusted EPS and sales guidance for FY26 also exceeded analyst estimates.

Intel Corp (INTC)

-1.10%

On watch after Reuters reported that deals made by the company under new CEO Lip-Bu Tan may conflict with Tan’s personal investment interests. Tan reportedly pushed Intel’s board to acquire AI-chip startup Rivos—where he was also chairman and an investor—but the board rejected the proposal over conflicts of interest; Meta would later swoop in and ultimately secure the deal for roughly $4 billion. The report highlights multiple situations in which Intel has pursued deals that could benefit Tan financially, raising governance concerns even as the company defends his extensive venture-capital ties as strategic assets.

Unity Software Inc (U)

+4.43%

Trading sharply higher premarket after BTIG upgraded the stock to Buy with a $60 price target. BTIG attributed the upgrade to stronger-than-expected growth prospects, a healthier industry backdrop, and underappreciated upside drivers such as Create in-app purchases. The firm noted that despite the stock’s recent run-up, Unity’s intrinsic value still appears higher than current levels, though the path upward may be uneven.

Roku Inc (ROKU)

+4.02%

Jefferies upgraded the stock to Buy and hiked its price target from $100 to $135. The analyst believes that the Street is underestimating 2026 Platform revenue, which could grow 20%+ with stronger demand from DSPs, political ad spend, subscriptions, and home-screen monetization. The firm also highlighted Roku’s cost discipline, arguing that modest opex growth can support multi-year double-digit revenue gains. Jefferies ultimately called Roku one of the “cleanest revision stories” heading into 2026.

Amazon.com Inc (AMZN)

-0.57%

American Airlines CEO Robert Isom indicated that his company is in discussions with Amazon to bring its Leo (formerly Project Kuiper) satellite internet service onboard flights. According to a report from Bloomberg, the airline is exploring alternatives to Starlink for faster, customer-focused connectivity. Amazon’s Leo network, though far smaller than Starlink’s, already delivers 1 Gbps speeds and is undergoing a preview program ahead of a broader rollout next year.

Paramount Skydance and Netflix

+0.85%

Both companies remain in the spotlight as their bidding war for Warner Bros Discovery continues. On Wednesday evening, Paramount Skydance announced that it has sent a letter to Warner Bros to encourage the company’s shareholders to accept its $30-per-share, all-cash offer for WBD. The letter argues that Paramount Skydance is more likely to get regulatory approval for the deal than Netflix, which announced a concrete agreement with Warner Bros on Friday, December 5. Separately, US President Trump said Warner Bros Discovery’s CNN “should be sold” regardless of what deal is made.

PSKY, NFLX

Meta Platforms Inc (META)

-0.51%

On watch after Citizens released an analyst note on the company, specifically its Instagram application. Citizens noted that Instagram’s US time spent jumped 20% year-over-year, helped by an easy comparison but still signaling strong engagement. With global time spent also growing 20%+ in October and November, the analyst believes that Meta is benefiting from improved recommendation relevance.

AXIL Brands Inc (AXIL)

+76.29%

Gapping up after announcing a national retail distribution agreement with Walmart, allowing the company to put its hearing protection products in front of a larger consumer base. The stock has a $33.92-million market capitalization and a float of 3.48 million shares.