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

0830 - Nonfarm payrolls for January: Expected 68k; Prior 50k
0830 - Unemployment rate for January: Expected 4.4%; Prior 4.4%
0830 - Average earnings y/y for January: Expected 3.7%; Prior 3.8%
1000 - Fed’s Schmid speaks
1000 - Fed’s Bowman speaks
1600 - Fed’s Hammack speaks

Robinhood Markets Inc (HOOD)

-7.75%

Gapping down during its Q4 2025 earnings report, during which the company reported a 38% year-over-year decline in cryptocurrencies revenue for the quarter. Total sales of $1.283 billion missed estimates of $1.343 billion, though earnings of $0.66 per share beat estimates of $0.62. Options and equities revenues grew by 41% and 54% year-over-year, respectively. For January 2026, Robinhood reported a 57% year-over-year increase in equity notional trading volumes, though Robinhood notional volumes for crypto trading dropped by 57% year-over-year for the same period.

Shopify Inc (SHOP)

+9.53%

Gapping up after its Q4 2025 earnings report. Adjusted earnings of $).48 per share missed estimates of $0.51, but sales of $3.672 billion outperformed expectations of $3.592 billion. Gross merchandise volume (GMV) came in at $123.8 billion for the quarter, up from $94.46 billion in Q4 2024. The company announced the authorization of a new buyback program of up to $2 billion.

Unity Software Inc (U)

-19.65%

Gapping down after its Q4 2025 earnings report. The company posted adjusted EPS of $0.20 and sales of $503.089 million, beating estimates of $0.20 and $491.422 million, respectively. Unity projected sales between $480 million and $490 million for Q1 2026, missing estimates of $493.931 million.

Ford Motor Co (F)

+1.58%

Trading higher premarket following its Q4 2025 earnings report. Adjusted earnings of $0.13 per share missed estimates of $0.18, though sales of $42.446 billion beat estimates of $41.529 billion despite declining by 5% year-over-year. The company reported year-over-year revenue declines across its Ford Blue, Model e, and Ford Pro segments. Ford also reported $900 million in tariff-related costs for FY 2025.

Lyft Inc (LYFT)

-17.15%

Gapping down after its Q4 2025 earnings report, with sales of $1.6 billion missing estimates of $1.755 billion amid a $168 million impact from “certain legal, tax, and regulatory reserve changes and statements”. Adjusted earnings of $0.15 per share, however, beat estimates of $0.12. The company announced a $1 billion expansion to its share buyback program.

Cloudflare Inc (NET)

+14.04%

Gapping up after its Q4 2025 earnings report, with adjusted earnings of $0.28 per share and sales of $614.507 million beating estimates of $0.27 and $591.276 million, respectively. The company’s adjusted EPS projections for Q1 and FY 2026 missed analyst estimates, though sales projections for both periods outpaced analyst expectations.

Moderna Inc (MRNA)

-10.37%

Gapping down after the FDA declined to review the company’s application for its influenza vaccine. The FDA attribued its decision to Moderna’s use of an inadequate comparator in its study, which failed to meet the best available standard of care.

Meta Platforms Inc (META)

-0.28%

Instagram chief Adam Mosseri is set to testify in court over claims that the app’s design contributes to youth social media addiction and mental health issues, with Meta CEO Mark Zuckerberg also expected to appear later. The case, brought by a 20-year-old plaintiff, could shape how social media companies address hundreds of similar lawsuits in the US.

Tesla Inc (TSLA)

-0.15%

Tencent Cloud told Reuters that it has partnered with Tesla to add in-car features in China, including instant transfer of WeChat location data and smart service suggestions based on destinations. The update will roll out via over-the-air updates to Model 3 and Model Y vehicles and come standard on future Tesla cars in China.

Kraft Heinz Co (KHC)

-5.66%

Trading sharply lower premarket following its Q4 2025 earnings report. Sales of $6.354 billion narrowly missed estimates of $6.376 billion, though adjusted earnings of $0.67 per share beat estimates of $0.61. The company guided adjusted EPS between $1.98 and $2.10 for FY 2026, missing estimates of $2.50. Additionally, the company announced that it is emphasizing execution and will be pausing plans to separate its business.

Mattel Inc (MAT)

-25.59%

Gapping down after its Q4 2025 earnings report, with adjusted earnings of $0.39 per share and sales of $1.767 billion missing estimates of $0.54 and $1.844 billion, respectively. The company guided adjusted EPS between $1.18 and $1.30 for FY 2026, sharply below analyst estimates of $1.75; its sales outlook of $5.508 billion and $5.669 billion, however, was in-line with analyst estimates of $5.617 billion.

Upstart Holdings Inc (UPST)

-2.46%

Trading lower premarket following its Q4 2025 earnings report. Sales of $296 million beat estimates of $288.673 million, with transaction volume and total originations growing by 86% and 52% year-over-year, respectively. The company guided FY 2026 sales of $1.4 billion, above estimates of $1.273 billion.

Vertiv Holdings Co (VRT)

+13.97%

Gapping up after its Q4 2025 earnings report. Adjusted EPS of $1.36 beat estimates of $1.28, while sales of $2.88 billion narrowly missed estimates of $2.882 billion. The company projected adjusted EPS of $5.97-$6.07 and sales of $12.35 billion-$13.75 billion for FY 2026, sharply outpacing analyst estimates for both metrics. Vertiv’s Q1 2026 EPS outlook beat analyst estimates, and the midpoint of its sales outlook for the same period similarly exceeded expectations.

Warner Bros Discovery Inc (WBD)

+0.83%

On watch after the Wall Street Journal reported that activist investor Ancora Holdings has taken a roughly $200 million stake in the company. According to the report, Ancora plans to oppose the company’s proposed sale of key TV and film assets to Netflix. Paramount Skydance previously launched a hostile bid for Warner Bros, though the latter company’s board has shown no interest in the proposal as of yet.

RenX Enterprises Corp (RENX)

+132.64%

The penny stock is gapping up. On the morning of Tuesday, February 10, RenX, announced that one of its subsidiaries, Zimmer Equipment, won a services contract with a waste transfer operator in Florida. The stock has a market capitalization of $1.24 million and a float of 2.53 million shares, roughly 7.3% of which are sold short.