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

1000 - Fed’s Bowman testifies to the House

NVIDIA Corp (NVDA)

+0.82%

Trading marginally higher ahead of its attendance at the NeurIPS conference, scheduled to take place from December 2 to 7. The company indicated that it will be unveiling a major expansion of its open-source AI tools at the conference, including new models, datasets, and developer resources aimed at accelerating progress in digital and physical AI. The highlight is DRIVE Alpamayo-R1, an open reasoning vision-language-action model for autonomous driving that uses chain-of-thought logic to navigate real-world traffic and will be available alongside datasets and evaluation tools on GitHub and Hugging Face.

Amazon.com Inc (AMZN)

+0.56%

The company announced that it has begun testing “Amazon Now,” a 30-minute delivery service for essential items and groceries in parts of Seattle and Philadelphia using small, automated micro-fulfillment centers near customers. Prime members will benefit from discounted delivery fees starting at $3.99. The new service expands Amazon’s fast-delivery ecosystem alongside Same-Day, Overnight, and Next-Day options. Additionally, the company is hosting its AWS re:Invent conference through Friday, December 5.

Apple Inc (AAPL)

-0.25%

Reuters reported that the company plans to resist India’s mandate that smartphone makers preload a state-run cyber safety app and intends to raise concerns with the government amid growing surveillance fears. The directive—also sent to Samsung and Xiaomi—requires phones to include the Sanchar Saathi app within 90 days to help track and disable stolen devices. Additionally, Apple announced that its AI chief, John Giannandrea, will step down and retire in spring 2026. Amar Subramanya, a veteran of Microsoft and Google, has joined as VP of AI under Craig Federighi.

MongoDB Inc (MDB)

+23.15%

Gapping up after its Q3 2026 earnings report, with adjusted earnings of $1.32 per share and sales of $628.309 million beating estimates of $0.68 and $591.519 million, respectively. The company raised its FY26 adjusted EPS guide to $4.76-$4.80, well above estimates of $3.71, and hiked its FY26 sales guide to a better-than-expected range of $2.434 billion to $2.439 billion. MongoDB also projected stronger-than-expected sales and EPS for Q4 2026.

Crypto Stocks

+2.05%

Trading higher as a group in tandem with a bounce in Bitcoin. The cryptocurrency opened Monday’s session above $90,000 and traded as low as $83,8000 before recovering to close near $86,300. Bitcoin is trading above $87,400 as of Tuesday at 7:10 AM ET. Additionally, Vanguard will begin allowing clients to trade ETFs and mutual funds that hold major cryptocurrencies like BTC, ETH, XRP, and SOL as of December 2, giving more than 50 million brokerage customers access to the sector.

COIN, MSTR, MARA, RIOT, IBIT, ETHE, HUT, CLSK, IREN, CAN, HIVE, CRCL

Marvell Technology Inc (MRVL)

+2.09%

Trading higher premarket after the Information reported that the company is close to acquiring chip startup Celestial AI in a cash-and-stock deal that could exceed $5 billion, including milestone-based earnouts. The move would bolster Marvell’s position in custom and networking chips as it competes with larger rival Broadcom. Marvell is scheduled to report earnings after the bell on Tuesday, December 2.

Tesla Inc (TSLA)

+0.34%

Trading marginally higher premarket after the China Passenger Car Association released the company’s wholesale sales data for the month of November. This data shows that Tesla sold 86,700 vehicles in China last month, up nearly 10% year-over-year and marking a 41% month-over-month improvement.

Meta Platforms Inc (META)

+0.61%

Evercore ISI reaffirmed its Outperform rating and $875 price target on the stock, arguing the company’s core businesses are strengthening with accelerating revenue growth and expanding operating margins. The firm sees WhatsApp as a major underappreciated driver, projecting it could generate $40B in revenue and $7.15 EPS by 2030. Evercore ISI noted that this aspect of Meta’s business boosts its long-term outlook even before any “Super Intelligence” product cycle arrives.

Credo Technology Group Holdings (CRDO)

+17.39%

Gapping up after its Q2 2026 earnings report. The company posted adjusted earnings of $0.67 per share and sales of $268.027 million, beating estimates of $0.49 and $234.917 million, respectively. Credo guided Q3 2026 sales between $335 million and $345 million, above estimates of $247.043 million.

Warner Bros Discovery and Netflix

+1.03%

On watch after Reuters reported that Netflix submitted a mostly-cash offer for Warner Bros. This update comes as other bidders, including Paramount Skydance and Comcast, reportedly submit binding second-round offers for Warner Bros. The board could approve a deal quickly if terms are met, though the offers aren’t yet considered final.

WBD, NFLX

Symbotic Inc (SYM)

-4.87%

Trading sharply lower premarket following a downgrade from Goldman Sachs, which cut its rating on the stock from Neutral to Sell and assigned a $47 target. The analyst warned that despite strong Walmart demand, the company has struggled to win new independent customers and remains heavily reliant on its SoftBank-backed GreenBox JV. Goldman Sachs noted that more than half of Symbotic’s backlog comes from this JV, which has yet to sign outside clients and offers limited near-term cash flow.

Janux Therapeutics Inc (JANX)

-40.24%

Gapping down after the company released Phase 1 trial data for JANX007. The data showed strong PSA reductions but limited tumor responses, raising doubts about its edge in mCRPC. Analysts including HC Wainwright and Cantor Fitzgerald cut their price targets on the stock following the update.

Fitell Corp (FTEL)

+49.58%

Gapping up following a strong showing on Monday, driven by the company’s announcement of a $3 million share buyback program. The stock has a market capitalization of $2.92 million and a float of 330,000 shares, roughly 6.5% of which are sold short.