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

0830 - Building permits (prelim) for January: Expected 1.46M; Prior 1.482M
0830 - Housing starts for January: Expected 1.39M; Prior 1.499M
1400 - FOMC minutes
1700 - Fed’s Jefferson speaks

Semiconductors

+0.49%

The group is in focus after President Donald Trump announced plans to impose a 25% tariff on auto imports, along with similar or higher tariffs on pharmaceuticals and semiconductor chips. He expects these measures to encourage major companies to invest in U.S. manufacturing, with some announcements anticipated in the coming weeks. Intel and Super Micro are both still on watch with individual catalysts; both Taiwan Semiconductor and Broadcom are reportedly considering acquiring aspects of Intel’s business, while Super Micro has less than one week to file its 10-K form for fiscal 2024 or risk being delisted from the Nasdaq.

INTC, SMCI, NVDA, AMD, AVGO, ARM, QCOM, MU, MRVL

Crypto Stocks

+1.12%

Trading higher as a group in tandem with a bounce in Bitcoin. The cryptocurrency is poised to break its three-day losing streak after making a multi-week low near $93,000 on Tuesday. Bitcoin is trading near the $96,500 level as of Wednesday morning. Additionally, Vivek Ramaswamy opined that Bitcoin could become a common corporate treasury asset as companies and institutions reassess capital strategies in a post-easy-money era. His comments followed Strive CEO Matt Cole’s announcement that his firm would push for Bitcoin adoption in corporate treasuries.

COIN, MSTR, MARA, RIOT, IBIT, ETHE, HUT, CLSK, IREN, CAN, HIVE

Apple Inc (AAPL)

-0.13%

On watch ahead of an expected product announcement. Last week, CEO Tim Cook shared that a new Apple product would be announced on February 19. Many analysts are expecting that the launch will involve the long-rumored iPhone SE 4, with potential updates including Apple Intelligence integration and Face ID capabilities. Other possibilities include announcements related to the M4 MacBook Air or iPad-related updates, according to 9to5Mac.

Meta Platforms Inc (META)

-0.09%

On watch after breaking its 20-day winning streak with a prolonged selloff during Tuesday’s session. Despite a bounce near the end of the day, the stock closed nearly 3% lower. Separately, Meta announced LlamaCon, its first-ever generative AI conference, during Tuesday’s session. LlamaCon is set to take place on April 29, 2025. The company also set a date for its 2025 Meta Connect event, scheduled for September 17 and 18, 2025.

Tesla Inc (TSLA)

-0.06%

On watch after Tesla researcher and social media user Troy Teslike predicted that Tesla's expansion into India will not significantly boost its global deliveries. Teslike expects a 1% decline in 2025 compared to 2024. Despite Elon Musk's past optimism about growth, Tesla's recent statements suggest a more cautious outlook, with first-quarter deliveries projected to fall below 400,000 units for the first time since 2022.

SolarEdge Technologies Inc (SEDG)

+10.75%

Gapping up after reporting Q4 2024 earnings. Adjusted losses of $3.52 per share were much larger than the expected loss of $1.65, though sales of $196.217 million beat estimates of $188.703 million. The company guided Q1 revenue between $195 million and $215 million for Q1 2025, the midpoint of which exceeded analyst estimates of $202.79 million.

ETSY Inc (ETSY)

-6.74%

Gapping down after its Q4 earnings report. GAAP earnings of $1.03 per share beat estimates of $0.94, but sales of $852.2 million missed estimates of $862.818 million. The company reported a 6.8% year-over-year decline in gross merchandise volume for Q4 and guided a similar year-over-year drop in the metric for Q1 2025.

Chinese EVs

+4.03%

Trading higher as a group premarket. On Tuesday, BYD CEO Wang Chuanfu stated that Chinese EVs are three to five years ahead of global competitors. He attributed this advantage to superior product development, technology, and supply chain efficiency. Additionally, the group is on watch after President Donald Trump teased more tariffs, including some directed at the auto space.

NIO, XPEV, ZK, LI

Bumble Inc (BMBL)

-0.11%

Gapping down after its earnings report. The company reported Q4 sales of $261.6 million, above estimates of $260.47 million. Paying app users reached 2.8 million for the quarter, marking a 5% year-over-year increase but a slight sequential decline. The company reported year-over-year decreases in revenue from its Bumble app and its other apps. Bumble guided Q1 2025 revenue between $242 million and $248 million, missing analyst estimates of $256.86 million.

Celsius Holdings Inc (CELH)

+5.63%

Trading sharply higher premarket with volume after announcing that its Q4 2024 earnings report will be released after the bell on Thursday, February 20. The company also announced that its CEO, CFO, and CMO will be representing the company at the Consumer Analyst Group of New York conference on Friday morning. Celsius’ appearance at the conference is set to take place at 10:00 AM ET. Approximately 20.8% of the stock’s float is sold short.

SINTX Technologies Inc (SINT)

+86.17%

Gapping up after announcing that it has been issued a US patent. The patent, No. 12,239,761, covers innovative methods for adhering silicon nitride to various biomaterials, enhancing biocompatibility and infection resistance for medical implants. The stock has a float of approximately 747,270 shares.