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

0850 - Fed’s Hammack speaks
1000 - Fed Chair Powell testifies
1100 - Fed’s Bostic speaks
1530 - Fed’s Williams and Bowman speak
1530 - US Treasuries Stephens speaks

Tesla and Microsoft

-0.31%

On watch as a pair after the Wall Street Journal reported that a consortium led by Tesla CEO Elon Musk has submitted a $97.4 unsolicited billion bid to acquire Microsoft-backed OpenAI. The consortium aims to steer the company back toward its original open-source and safety-focused mission, according to comments from Musk’s attorney in the Wall Street Journal piece. Musk, who co-founded OpenAI but left in 2018, has been critical of its shift to a for-profit model and previously sued the company over its direction. Tesla’s stock dropped when the story came out late on Monday afternoon; on Tuesday morning, Oppenheimer called the bid a distraction for Tesla in an analyst note.

TSLA, MSFT

Shopify Inc (SHOP)

-6.56%

Gapping down following its Q4 2024 earnings report. The company reported sales of $2.81 billion and earnings of $0.44 per share, exceeding estimates of $2.73 billion and $0.43, respectively. Revenue grew by 26% for the fiscal year and 31% for the quarter, marking seven straight quarters of revenue growth of at least 25%. For Q1 2025, Shopify guided year-over-year growth at a mid-twenties percentage rate.

Super Micro Computer Inc (SMCI)

-4.45%

Trading sharply lower premarket ahead of its earnings report, scheduled to be released after the bell on February 11. The stock closed over 17% higher on Monday in anticipation of the report, the company’s first earnings update since its poorly-received preliminary Q1 2025 report in early November. Super Micro faces delisting from the Nasdaq if it does not submit its 10-K filing for FY 2024, which was due in late August, by February 25.

Coca-Cola Co (KO)

+3.05%

Trading higher premarket following its Q4 2024 earnings report, with sales of $11.5 billion and adjusted earnings of $0.55 per share beating estimates of $10.677 billion and $0.52, respectively. The company reported net sales of $11.54 billion, up 6% on a year-over-year basis. For fiscal 2025, Coca-Cola guided 2% to 3% adjusted EPS growth and projected free cash flow to be roughly $9.5 billion, excluding a payment related to its Fairlife acquisition.

Chinese EVs

-3.09%

Trading lower premarket, led by a significant gap down for Xpeng, after fellow Chinese EV company BYD launched its “God’s Eye” advanced driver-assist system on vehicles priced as low as $10,000. This launch helps to make smart driving features more accessible in China. BYD’s move, which includes integrating DeepSeek’s AI, challenges competitors by offering technology typically reserved for premium EVs at no extra cost. Xpeng’s Hong Kong-listed shares closed 9% lower, while Nio dropped by 2.2% and Li slipped 5.6%.

XPEV, NIO, ZK, LI

Palantir Technologies Inc (PLTR)

+0.27%

On watch after reaching a new intraday all-time high above $116 during Monday’s session; the stock neared $118 during after-hours trading. In a note on Monday morning, Dan Ives of Wedbush cited strong results from Palantir and Salesforce as evidence that AI is transforming the software industry. Predicting a surge in enterprise AI adoption in 2025, Ives named Palantir and Salesforce as top AI investment picks. Separately, Cathie Wood’s Ark Invest sold 135,775 Palantir shares valued at roughly $15.83 million after Monday’s rally.

Affirm and Fidelity National Info

-0.80%

On watch as a pair after announcing a strategic partnership through which Affirm’s pay-over-time solution will be integrated into debit programs, allowing banks to offer flexible payment options through digital banking and mobile apps. This collaboration aims to meet rising consumer demand for installment payments, helping financial institutions enhance customer loyalty and drive growth. Fidelity is also on watch following its earnings report, which beat EPS estimates but missed on revenue; its quarterly revenue guidance also fell below expectations. Affirm is trading marginally higher premarket and Fidelity is gapping down.

AFRM, FIS

Walgreens Boots Alliance Inc (WBA)

-2.21%

Trading lower premarket after a federal judge ruled that the company must pay over $987 million to PWNHealth. This decision upholds an arbitration award in a contract dispute between the entities over COVID-19 testing. Walgreens, disputing the ruling as exceeding contractual limits, announced plans to appeal the decision.

Lipella Pharmaceuticals Inc (LIPO)

+56.39%

Gapping up after announcing positive topline data for Phase 2a of its oral lichen planus treatment study. The study showed that the company’s oral rinse had a favorable safety profile and tolerability. The stock, which rallied as recently as last week, has a float of 2.02 million shares and a market capitalization of $12 million.

Firefly Neuroscience Inc (AIFF)

+34.19%

Gapping up after announcing that it has been accepted into the NVIDIA Connect program. The program is designed to help software companies grow by giving them access to Nvidia’s technologies and resources. Firefly has a float of 3.22 million shares.