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

0830 - Initial jobless claims: Expected 223k; Prior 224k

Intel Corp (INTC)

-3.91%

Gapping down after Reuters reported that Nvidia tested the company’s 18A manufacturing process but has since paused and is not proceeding with it for now. Reuters also reported that a US Commerce official remarked that Intel is not considered “too strategic to fail” despite the US government’s investment in the company.

Nike Inc (NKE)

+2.04%

Trading higher premarket after a filing with the SEC revealed that Apple CEO Tim Cook purchased shares in the company. Cook purchased 50,000 Nike shares on December 22 at an average price of roughly $58.97 per share, bringing the total value of his purchase to approximately $2.95 million. With this purchase, Cook now owns 105,480 shares of Nike.

UIPath Inc (PATH)

+7.89%

Gapping up after the S&P Dow Jones Indices announced that the stock will be replacing Synovus Financial in the S&P MidCap 400. UIPath will begin trading as part of the index as of the opening bell on Friday, January 2.

Alphabet Inc (GOOGL)

+0.43%

Google’s Waymo announced via a blog post that it is updating its autonomous fleet with better awareness of regional power outages, improved emergency response protocols, and enhanced first responder training. The announcement follows a San Francisco blackout which caused Waymo’s vehicles to stall amid gridlock. The company emphasized it safely pulled cars over to avoid worsening congestion and noted it continues to scale rapidly, with roughly 450,000 weekly paid rides and more than 14 million trips served in 2025. Separately, Alphabet-backed software company Motive filed for an IPO with the NYSE on Tuesday.

AST SpaceMobile Inc (ASTS)

+2.60%

Trading higher premarket after announcing the successful launch and deployment of BlueBird 6, the largest commercial communications array ever placed in low Earth orbit. BlueBird 6 spans nearly 2,400 square feet and offers ten times the capacity of its existing satellites. The satellite enables direct-to-device 4G and 5G connectivity for standard smartphones and marks the start of AST’s next execution phase as it targets deploying 45–60 satellites by the end of 2026.

Starfighters Space Inc (FJET)

+11.79%

Continuing to experience volatility following its NYSE debut on Thursday, December 18. The stock closed more than 350% higher on Monday before pulling back nearly 60% to close Tuesday’s session. Starfighters Space, which operates F-104 Starfighters, has attracted attention from retail investors and on social media since its market debut.

Cannabis Stocks

+0.72%

The Marijuana Herald reported that US President Donald Trump has directed Attorney General Pam Bondi to finalize a ruling on rescheduling marijuana to Schedule III by the end of January, accelerating the DOJ’s rulemaking process following HHS’s 2023 recommendation. If completed on this timeline, marijuana could move to Schedule III by spring, easing tax burdens like 280E, expanding research and medical access, but stopping short of full federal legalization. Cannabis stocks spiked higher around 3:00 PM ET on Tuesday upon the release of the report.

BP PLC (BP)

-0.12%

The company is selling a 65% stake in its Castrol lubricants business to Stonepeak in a deal valuing Castrol at about $10.1 billion, generating roughly $6 billion in net proceeds that will be used to reduce BP’s net debt. BP will retain a 35% minority stake as part of its $20 billion divestment plan. The transaction is expected to close by the end of 2026 pending approvals.

Multi Way Holding Limited (MWG)

+94.07%

Gapping up after reporting earnings for H1 2025. Revenue expanded from $14.09 million to $26.44 million on a year-over-year basis, while EPS was reported at $0.03 per share compared to $0.00 per share in H1 2024. The stock has a market capitalization of $12.99 million and a float of 17.04 million shares.

Indaptus Therapeutics Inc (INDP)

+56.92%

Gapping up after a Form 8-K filing revealed that investor David E. Lazar purchased 1 million Indaptus shares. The filing shows that Lazar - who the company’s board also appointed as co-CEO as of Tuesday, December 23 - purchased 300,000 Series AA shares and 700,000 Series AAA shares of the company’s stock. The stock has a market capitalization of $3.41 million and a float of 1.69 million shares.