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

0830 - CPI y/y for January: Expected 2.5%; Prior 2.7%
0830 - CPI m/m for January: Expected 0.3%; Prior 0.0%
0830 - Core CPI y/y for January: Expected 2.5%; Prior 2.6%
0830 - Core CPI m/m for January: Expected 0.3%; Prior 0.2%

Coinbase Global (COIN)

+4.95%

Trading sharply higher premarket following its Q4 2025 earnings report. Adjusted earnings of $0.66 beat estimates of $0.64, though sales of $1.781 billion fell short of the estimated $1.848 billion and represented a 5% year-over-year decline. Transaction revenue dropped on both an annual and sequential basis to $982.7 million; subscription and services revenue grew on an annual basis but declined sequentially. Trading volume for FY 2025 grew by 156% year-over-year to $5.2 trillion.

Rivian Automotive Inc (RIVN)

+21.79%

Gapping up after its Q4 2025 earnings report. Adjusted losses of $0.54 per share were narrower than the estimated $0.68-per-share loss, and sales of $1.286 billion beat estimates of $1.274 billion. Automotive revenue declined by 45% year-over-year, though software and services revenue improved by 109%. The company’s revenue grew by 8% year-over-year to $5.39 billion for FY 2025.

DraftKings Inc (DKNG)

-16.06%

Gapping down after its Q4 2025 earnings report. Adjusted earnings of $0.36 per share and sales of $1.989 billion beat estimates of $0.14 and $1.976 billion, respectively. Monthly unique payers (MUP) were reported at 4.8 million, flat on a year-over-year basis, though average revenue per MUP grew by 43%. The company hiked its FY 2026 sales outlook from $6.2 billion to $6.5 billion-$6.9 billion.

NVIDIA Corp (NVDA)

-0.12%

Bloomberg reported that the company is expected to lease a new Nevada data center financed partly through a $3.8 billion junk-bond sale by an entity backed by Tract Capital, reflecting strong investor demand for AI infrastructure funding. The deal highlights a broader surge in high-yield borrowing for data centers, with firms like Cipher Mining and TeraWulf raising similar financing backed by Google.

Apple Inc (AAPL)

-0.09%

The stock had its worst session in ten months on Thursday amid concerns of an FTC probe into Apple News’ alleged bias towards left-leaning news outlets. On Wednesday afternoon, the stock dropped following a Bloomberg report suggesting that Apple is delaying its long-awaited, AI-powered upgrade to its Siri voice assistant.

Pinterest Inc (PINS)

-20.98%

Gapping down after its Q4 2025 earnings report, with adjusted earnings and of $0.67 per share and sales of $1.319 billion missing estimates of $0.69 and $1.329 billion, respectively. Revenue grew by 14% year-over-year, with global monthly active users increasing by 12%. The company guided Q1 2026 sales between $951 million and $971 million, below estimates of $980.117 million. Analysts including BofA Securities, Evercore ISI, and Baird downgraded the stock after the report.

Steel and Aluminum Stocks

-3.32%

Trading lower as a group after the Financial Times reported that US President Donald Trump plans to roll back tariffs on the metals. This decision would reverse trade levies of up to 50% imposed last year.

STLD, CLF, AA, CENX

Roku Inc (ROKU)

+15.12%

Gapping up after its Q4 2025 earnings report, with EPS of $0.53 and sales of $1.395 billion outpacing estimates of $0.27 and $1.354 billion, respectively. Revenue grew by 15% year-over-year, platform revenue grew by 18%, and gross profit and streaming hours each grew by 15%. The company projected FY 2026 sales of $5.5 billion, above estimates of $5.336 billion, and guided Q1 2026 sales of $1.2 billion, beating estimates of $1.164 billion.

Airbnb Inc (ABNB)

+5.86%

Trading sharply higher premarket after its Q4 2025 earnings report. Earnings of $0.56 per share missed estimates of $0.65, though sales of $2.778 billion outpaced estimates of $2.715 billion. Gross bookings value grew by 12% year-over-year to $20.4 billion, with nights/seats booked growing by 10%. The company guided Q1 2026 earnings between $2.59 billion and $2.63 billion, above estimates of $2.532 billion.

Arista Networks Inc (ANET)

+10.68%

Gapping up after its Q4 2025 earnings report, with EPS of $0.82 and sales of $2.487 billion beating estimates of $0.76 and $2.383 billion, respectively. The company projected sales of $.26 billion for Q1 2026, beating estimates of $2.448 billion.

Applied Materials Inc (AMAT)

+10.93%

Gapping up after its Q1 2026 earnings report. Adjusted earnings of $2.38 per share beat estimates of $2.20, while sales of $7.012 billion outpaced expectations of $6.871 billion. The company guided adjusted earnings between $2.44 and $2.84 per share for Q2 2026, above estimates of $2.28; its sales outlook of $7.15 billion to $8.15 billion for the same quarter similarly topped estimates.

Wendy’s Co (WEN)

-7.02%

Gapping down after its Q4 2025 earnings report. The company posted adjusted earnings of $0.16 per share and sales of $543 million, beating estimates of $0.14 and $535.99 million, respectively. Same-store sales declined by 10.1% year-over-year; the metric dropped by 11.3% year-over-year in the US and declined by 2% in its international segment. Wendy’s guided adjusted EPS between $0.56 and $0.60 per share for FY 2026, well below analyst estimates of $0.86.

Corsair Gaming Inc (CRSR)

+30.03%

Gapping up after its Q4 2025 earnings report, with adjusted EPS of $0.43 and sales of $436.855 million beating estimates of $0.27 and $421.99 million, respectively. The company projected FY 2026 sales between $1.33 billion and $1.47 billion, below estimates of $1.59 billion. The stock has a market capitalization of $488 million, and 17% of its 46-million-share float is sold short.