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

0830 - Retail sales for December: Expected 0.4%; Prior 0.6%
0830 - Import prices for December: Expected 0.1%; Prior 0.4%
0830 - Export prices for December: Expected 0.1%; Prior 0.5%
1000 - Business inventories m/m for November: Expected 0.2%; Prior 0.3%
1200 - Fed’s Hammack speaks
1300 - Fed’s Logan speaks

Spotify Technology SA (SPOT)

+11.39%

Gapping up after its Q4 2025 earnings report, with earnings of $5.16 per share and sales of $5.275 billion beating estimates of $2.95 and $5.16 billion, respectively. Total monthly active users (MAUs) increased by 11% year-over-year, while premium subscribers grew by 10% and ad-supported MAUs increased by 12%. The company projected sales of 4.5 billion euros for Q1 2026.

Datadog Inc (DDOG)

+10.55%

Gapping up after its Q4 2025 earnings report. Adjusted earnings of $0.59 per share and sales of $953.194 million beat estimates of $0.56 and $916.577 million, respectively. The company guided adjusted earnings between $2.08 and $2.16 per share for FY 2026, missing estimates of $2.36, and its sales projection of $4.06 billion-$4.1 billion for the same period missed estimates of $4.106 billion. Datadog’s Q1 2026 sales guide beat estimates, though its adjusted EPS outlook fell short of expectations.

Taiwan Semiconductor Manufacturing Co Ltd (TSM)

+3.13%

Trading sharply higher premarket after releasing its January 2026 sales results. Net revenue grew by 36.8% on a year-over-year basis, while topline revenue grew by 19.8% on a sequential basis. The company also approved a capital injection of up to $30B into TSMC Global and authorized the issuance of up to NT$60B in unsecured corporate bonds to support funding needs.

Alibaba Group Holding Ltd (BABA)

+0.98%

The company unveiled an open-source AI foundation model called RynnBrain that enables robots and devices to understand and interact with real-world environments, including mapping objects, predicting movement, and navigating complex spaces. Developed by DAMO Academy and trained on Alibaba’s Qwen3-VL model, RynnBrain is positioned to compete with Google and Nvidia systems and is available on platforms like Hugging Face and GitHub.

Palantir Technologies Inc (PLTR)

+1.75%

On watch after Michael Burry warned of a major technical breakdown in the stock. Burry posted a photo of Palantir’s chart on social media that outlines a head-and-shoulders pattern and implies up to ~58% downside, with support near $80 and a potential landing zone between $50–$60. His bearish technical view reinforces his earlier fundamental stance, highlighted by a large 2027 put options position allowing him to sell PLTR at $50.

The Coca-Cola Company (KO)

-3.17%

Trading lower premarket following its Q4 2026 earnings report. Adjusted earnings of $0.58 per share beat estimates of $0.56, but sales of $11.8 billion missed estimates of $12.0126 billion. The company guided adjusted EPS between $3.21 and $3.24 for FY 2026, compared to estimates of $3.23.

Oracle Corp (ORCL)

+1.03%

Trading higher premarket after unveiling new role-based AI agents embedded across Oracle Fusion Cloud CX applications to help marketing, sales, and service teams automate workflows, analyze unified data, and deliver predictive insights at scale. Built on Oracle Cloud Infrastructure and included at no extra cost, the agents aim to boost productivity, improve decision-making, and drive stronger customer relationships and revenue growth.

Big Tech

+0.57%

The Financial Times reported that the Trump administration plans to exempt companies including Microsoft and Amazon from upcoming chip tariffs as they expand AI data centers. The carve-outs would be granted by the Commerce Department and linked to investment commitments made by Taiwan Semiconductor Manufacturing Company. Separately, The Information reported that Amazon is planning to launch a marketplace that would let publishers sell their content to companies building AI products.

META, MSFT, AMZN

Ferrari NV (RACE)

+7.85%

Gapping up after its Q4 2025 earnings report, with EPS of $2.49 and sales of $2.098 billion beating estimates of $2.44 and $2.02 billion, respectively. The company guided earnings of greater than $11 per share for FY 2026, above estimates of $10.92, and its sales outlook of greater than $8.731 billion exceeded the expected $8.57 billion.

Unity Software Inc (U)

+3.89%

Trading sharply higher premarket after Oppenheimer upgraded the stock to Outperform from Perform with a $38 price target, citing the market’s misplaced fears that AI projects like Google’s Project Genie could displace Unity’s game engine role. The analyst highlighted Unity’s improving fundamentals, including Grow segment acceleration via Vector and disciplined cost management, expecting revenue growth and margin expansion in 2026.

Alphabet and Apple

-0.21%

The companies agreed to make their mobile app stores fairer and more transparent for developers under commitments welcomed by the UK’s Competition and Markets Authority after being designated as having strategic market status. Separately, Alphabet sold $20 billion of bonds in a seven-part deal extending to 2066 to help fund its rapidly growing AI infrastructure spending. The move highlights Big Tech’s increasing reliance on debt over cash flow to finance AI investments, raising investor concerns about uncertain returns on massive capital outlays.

GOOGL, AAPL

Tesla Inc (TSLA)

+0.44%

Tesla’s VP of IT and AI Infrastructure, Raj Jegannathan, has left the company after 13 years, confirming his departure in a LinkedIn post where he highlighted helping build and operate one of the world’s largest AI clusters. His recent roles at Tesla included overseeing North American sales and initiatives such as enabling customers to gift FSD subscriptions.

BP PLC (BP)

-3.82%

Gapping down after reporting Q4 2025 earnings and halting its $750 million buyback program, along with pausing its goal of returning 30% to 40% of its operating cash flow back to its shareholders. These decisions were made to help the company strengthen its balance sheet. BP posted adjusted earnings of $0.60 per share, narrowly beating estimates of $0.59, though sales of $47.383 billion missed estimates of $49.363 billion. The company guided flat upstream production and a decrease in customer volumes for FY 2026.

Credo Technology Group Holdings (CRDO)

+16.68%

Gapping up after releasing preliminary results for Q3 2026 and updating guidance for Q4 2026. The company expects Q3 revenue between $404 million and $408 million, above its previous guidance range of $335 million-$345 million. Credo also guided sequential revenue growth in the mid-single digits towards “the end of fiscal year 2026 and into fiscal 2027”.

Oscar Health Inc (OSCR)

+9.00%

Gapping up after its Q4 2025 earnings report. The company posted losses of $1.24 per share, larger than the estimated $0.89-per-share loss, with sales of $2.805 billion similarly missing estimates of $3.124 billion. Oscar guided FY 2026 sales between $18.7 billion and $19 billion, well above expectations of $12.565 billion.