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

0815 - Fed’s Waller speaks
0905 - Fed’s Waller speaks
1230 - Fed’s Bostic speaks

Amazon.com Inc (AMZN)

+1.41%

CNBC reported that the company is in talks to invest around $10 billion in OpenAI in a potential deal that could value the AI firm at over $500 billion. The talks underscore continued massive demand for AI computing power even as investors watch closely for signs of slowing returns on heavy AI spending.

Alphabet Inc (GOOGL)

+0.40%

On watch after The Information reported that Waymo is in talks to raise more than $10 billion at a valuation of around $100 billion. Bloomberg also reported that a potential funding round led by parent company Alphabet could see Waymo raise more than $15 billion at the same $100 billion valuation. Separately, OpenAI, Google, and Perplexity are aggressively courting users in India with free AI offerings to build scale and collect multilingual training data.

Tesla Inc (TSLA)

+0.13%

California regulators have deferred a 30-day suspension of Tesla’s manufacturing and sales licenses, giving the company more time to respond to accusations that it misled consumers about its self-driving capabilities. The delay eases near-term pressure on Tesla as EV demand softens. This update comes as Tesla’s valuation increasingly hinges on CEO Elon Musk’s push into robotaxis and humanoid robot.

Medline Inc (MDLN)

0.00%

The medical supply company is set to go public on the Nasdaq on Wednesday, December 17 via IPO. Medline has priced the offering at $29 per share, within the expected $26-$30 range, and its offering of 216 million Class A shares is larger than the 179 million-share offering indicated in its preliminary filing.

Advanced Micro Devices Inc (AMD)

+1.02%

CEO Lisa Su reportedly met with the industry minister of China during a visit to the country which began on Tuesday. Su also met with Lenovo executives in Beijing to tour their latest products and humanoid robotics. The visit, which comes shortly after the US announced eased restrictions on certain chip exports to China, underscores AMD’s ongoing engagement in China amid intensifying US-China tech competition and regulatory changes.

Warner Bros Discovery and Paramount Skydance

-1.33%

Both stocks are trading lower premarket after Warner Bros Discovery officially recommended that its shareholder reject Paramount Skydance’s hostile bid and support Netflix’s $72 billion offer to acquire the company. Warner Bros attributed its rejection of Skydance’s deal to its imposition of “numerous, significant risks” for WBD and noted that the Ellison family has yet to put an equity backstop in place. Netflix supported Warner Bros’ response in a comment of their own, issued minutes after the WBD release.

WBD, PSKY

Robinhood Markets Inc (HOOD)

+1.13%

The company is rolling out new sports event contracts that let customers wager on individual NFL player performances like touchdowns or yardage, expanding beyond simple game outcomes. The move aims to differentiate the platform in an increasingly crowded market, even as state regulators push for stricter oversight of sports-related betting products.

Nebius Group NV (NBIS)

+2.96%

Trading higher premarket after launching Nebius AI Cloud 3.1, its latest full-stack AI cloud platform release, featuring next-generation NVIDIA Blackwell Ultra compute. The update also includes enhanced operational capabilities designed to boost performance and efficiency for AI workloads.

Apple Inc (AAPL)

+0.16%

The Economic Times reported that the company is in early talks with Indian chipmakers about assembling and packaging some iPhone components in India, marking its first consideration of local chip assembly and packaging. The discussions reportedly include CG Semi’s upcoming OSAT facility in Gujarat, with display-related chips seen as likely candidates.

Hut 8 Corp (HUT)

+22.12%

Gapping up after announcing a partnership with Anthropic and Fluidstack to develop large-scale US AI data centers, beginning with a 245 MW IT load (330 MW power) at its River Bend, Louisiana site. The deal gives Anthropic first rights to an additional ~1,000 MW at River Bend and up to 1,050 MW across Hut 8’s broader pipeline, Capacity is targeted to come online by early 2027.

PDD Holdings Inc (PDD)

-0.74%

Bloomberg reported that the company fired dozens of employees from a Shanghai-based government relations team after a physical altercation with Chinese regulators during an on-site inspection earlier this month. The move aims to contain fallout from the incident, which has intensified government scrutiny, A separate uninvolved government relations team at PDD remains in place.

Quantum Stocks

+2.09%

Trading higher as a group after Wedbush initiated coverage on IonQ and D-Wave Quantum, assigning a Buy rating to each stock. Wedbush noted IonQ’s differentiated trapped-ion architecture built on decades of academic research and highlighted the company’s rapidly accelerating revenue. Meanwhile, the analyst commented that it sees D-Wave annealing quantum systems as commercially ready, adding that they are already delivering real-world optimization benefits.

IONQ, QBTS, QUBT, RGTI

Agape ATP Corporation (ATPC)

+51.91%

Gapping up on no apparent news. On Friday, December 12, the company issued a statement denying that its recent stock volatility is related to any undisclosed developments or news. The stock has a market capitalization of $4.5 million and a float of 4.76 million shares.