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

0830 - Retail sales m/m for January: Expected -0.2%; Prior 0.4%
0830 - Core retail sales m/m for January: Expected 0.3%; Prior 0.4%
0830 - Import prices m/m for January: Expected 0.4%; Prior 0.1%
0915 - Industrial production m/m for January: Expected 0.3%; Prior 0.9%
1000 - Business inventories m/m for December: Expected -0.1%; Prior 0.1%

GameStop Corp (GME)

+8.16%

Gapping up after CNBC reported that the company is considering an investment in cryptocurrencies including Bitcoin. This report comes after CEO Ryan Cohen posted a photo with Bitcoin bull and Strategy executive Michael Saylor over the weekend, fueling speculation over GameStop’s possible involvement in the crypto space. The stock attracts a significant amount of attention from retail investors. Roughly 7.42% of its float is sold short.

Tesla Inc (TSLA)

+1.14%

Trading higher premarket after 13-F filings revealed that Ray Dalio’s Bridgewater Associates purchased shares of the stock. According to the filing, Bridgewater picked up 153,589 Tesla shares during Q4 2024. On Thursday, CarMoses reported that the company filed trademarks for “Robus”; the company previously filed to trademark “Robobus”, suggesting that these names are being considered for Tesla’s autonomous van.

Chinese ADRs

+4.34%

Trading higher as a group following a strong performance for Chinese stocks overnight. The tech-driven Hang Seng Index gained 4.1% on Friday, hitting its highest level in three years. The recent strength in Chinese tech plays has been driven in part by the country’s recent strides in AI, particularly the strong capabilities of Alibaba’s and DeepSeek’s newest models. Both Alibaba and Baidu report earnings next week.

BABA, PDD, BIDU, BILI, JD, LI, NIO, XPEV, ZK, KWEB, FXI

Roku Inc (ROKU)

+15.66%

Gapping up after its Q4 2024 earnings report. The company reported a loss of $0.24 per share, narrower than the expected loss of $0.41, and sales of $1.201 billion beat estimates of $1.147 billion. Net revenue and platform revenue each rose by 18% year-over-year, with gross profit growing by 19% and average revenue per user rising by 4%. The company guided Q1 revenue of $1.005 billion, just below estimates of $1.006 billion.

Moderna Inc (MRNA)

-4.39%

Trading sharply lower premarket following its Q4 2024 earnings report, during which the company reported a larger-than-expected loss of $2.92 per share. Sales of $966 million, however, beat estimates of $942.84 million. The company guided FY 2025 revenue between $1.5 billion and $2.5 billion but is expecting only $200,000 million in revenue for the first half of the fiscal year. The first-half guidance was attributed to seasonality in the respiratory space, a key business for Moderna.

Airbnb Inc (ABNB)

+14.16%

Gapping up after its Q4 2024 earnings report. The company reported $2.5 billion in revenue, beating estimates of $2.42 billion and marking a 12% year-over-year increase. This strong revenue growth was attributed in part to an increase in nights stayed. Adjusted EBITDA grew slightly on a year-over-year basis, and free cash flow reached $458 million for the quarter. The company guided revenue growth from 4% to 9% for Q1 2025. Analysts including Goldman Sachs and Baird upgraded the stock following the report.

Intel Corp (INTC)

+2.24%

Continuing to trade higher amid a significant rally that has seen the stock gain 24.70% in five days. Factors driving the rally include optimism surrounding its advanced 18A process node and comments from Vice President JD Vance championing American AI advancements. Additionally, rumors suggest a potential joint venture with TSMC, supported by the U.S. government, to strengthen domestic semiconductor manufacturing and secure CHIPS Act funding; however, Reuters reported that some CHIPS Act funding may be delayed or reevaluated by the current US administration.

DraftKings Inc (DKNG)

+5.40%

Trading sharply higher premarket following its Q4 2024 earnings report. Adjusted earnings were reported at $0.14 per share, well above estimates of a 15-cent loss, but sales of $1.393 billion missed estimates of $1.433 billion. DraftKings reported a 36% year-over-year increase in monthly unique payers despite a 16% drop in average revenue per user. The company raised its revenue guidance for fiscal 2025 to $6.3 billion-$6.6 billion, compared to estimates of $6.394 billion.

Twilio Inc (TWLO)

-10.27%

Gapping down after its Q4 2024 earnings report. Adjusted earnings of $1.00 per share missed estimates of $1.04, but sales of $1.19 billion beat estimates of $1.183 billion. The company guided adjusted earnings between $0.83 and $0.93 per share for Q1 2025, below estimates of $0.99. Twilio guided revenue between $1.13 billion and $1.14 billion for the same period, also missing estimates of $1.143 billion.

Nvidia’s 13-F Filings

-16.72%

Several stocks are on watch after Nvidia’s 13-F filings revealed that the company purchased or sold its shares during Q4. Nvidia reported a 1.2 million-share stake in Nebius Group (NBIS) and a 1.74-million share stake in WeRide (WRD), causing both stocks to trade significantly higher premarket. However, the filings also revealed that Nvidia dissolved its previously-disclosed stakes in Nano-X Imaging (NNOX), Soundhound (SOUN), and Serve Robotics (SERV). All three of those stocks are gapping down premarket, with both Serve and Soundhound set to open more than 10% lower.

NBIS, WRD, NNOX, SOUN, SERV