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

0830 - Chicago national activity index for January: Expected -0.05; Prior 0.15

NVIDIA Corp (NVDA)

+1.03%

On watch ahead of its earnings report, scheduled to be released after the bell on Wednesday, February 26. The company is expected to post earnings of $0.84 per share and revenue of $37.72 billion. Wedbush analyst Dan Ives expects the company to report another strong earnings beat this week, driven by high AI demand and its new Blackwell architecture. Evercore ISI previously highlighted Nvidia’s long-term technological edge and dominance among major tech companies and added the stock to its Tactical Outperform list. On Monday morning, Rosenblatt reiterated a Buy rating and $220 price target for the stock.

Microsoft Corp (MSFT)

+0.26%

According to analysts at TD Cowen, the company has canceled leases for hundreds of megawatts of AI data center capacity and halted some lease conversions. This move signals a potential slowdown in expansion and raises concerns about future AI demand. TD Cowen analysts speculated that Microsoft may be facing oversupply issues or shifting its investment strategy, particularly in relation to its partnership with OpenAI. Microsoft has denied that any changes have been made to its data center strategy.

Apple Inc (AAPL)

-0.52%

On watch after announcing a record $500 billion U.S. investment over the next four years, focusing on AI, silicon engineering, and manufacturing. The investment will include a new facility in Houston and an academy in Michigan. This commitment expands Apple’s U.S. manufacturing efforts, supports thousands of suppliers, and strengthens its research and development footprint while reinforcing its role as a major taxpayer. The announcement follows a meeting between CEO Tim Cook and US President Donald Trump late last week; Trump praised the company for the announcement on social media.

Tesla Inc (TSLA)

-1.62%

The company has begun hiring employees to assist with its Cybercab production in Austin, Texas, with job listings for roles like maintenance technicians and process engineers now posted on its website. The fully autonomous, two-seat Cybercab, unveiled in October, is set to begin production in 2026 as part of Tesla’s robotaxi fleet, advancing CEO Elon Musk’s vision for self-driving technology. Separately, an interview with Tesla Engineering VP Lars Moravy for an unofficial Tesla podcast called “Ride the Lightning” was published over the weekend. During the interview, Moravy confirmed that the company’s Roadster vehicle is “definitely real”, that Tesla is collaborating with SpaceX, and that refreshed Model S and X vehicles are in the works for this year.

Palantir Inc (PLTR)

-2.90%

Trading lower with volume premarket after suffering from a slump late last week, leading to its biggest three-day selloff since 2022. The selloff was spurred on by reports that U.S. military spending could be cut by 8%, raising concerns about the company’s heavy reliance on government contracts. While the stock remains volatile and has surged over 300% in the past year, uncertainty around federal budget cuts has turned a previous tailwind into a potential headwind for investors.

Chinese ADRs

-2.74%

Trading lower as a group in tandem with a minor pullback during the overnight session, with the Hang Seng Index closing 0.6% lower and the CSI 300 dropping by 0.2%. On Friday, US President Donald Trump issued orders directing the Committee on Foreign Investment in the United States (US) to restrict Chinese investments in strategic U.S. sectors like technology, healthcare, and energy. The directive also proposes stricter outbound investment rules while encouraging allied investments. Additionally, Alibaba Group announced a record 380-billion yuan ($53 billion) investment over three years to expand its cloud and AI hardware infrastructure, surpassing its total spending in these areas over the past decade.

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

Robinhood Markets Inc (HOOD)

+2.64%

Trading higher premarket after the company announced that its SEC investigation has been closed and the agency will not be taking action against them, as reported by CNBC. The investigation, which began as early as May 2024, was centered around alleged securities violations committed by the company’s crypto unit. This announcement comes just days after Coinbase announced that SEC case is set to be resolved, signalling a potential regulatory shift for the crypto industry.

Nike Inc (NKE)

+2.61%

Trading higher premarket after being upgraded from Hold to Buy by Jefferies. The analyst, which also raised its price target on the stock from $75 to $115, attributed the upgrade to CEO Elliott Hill’s turnaround efforts, including restoring wholesale partnerships and refocusing on product innovation. Analysts project a V-shaped earnings recovery by fiscal 2027, with EPS reaching $3.50, as Nike regains market share and repositions itself for growth.

Rivian Automotive Inc (RIVN)

-3.32%

Trading sharply lower premarket after being downgraded by B of A Securities. The analyst lowered its rating for Rivian from Neutral to Underperform and cut its price target for the stock from from $13 to $10. Guggenheim also lowered its price target for the stock from $18 to $16. These adjustments follow the company’s Q4 2024 earnings report, released after the bell on Thursday, February 20.

Unity Software Inc (U)

-5.43%

Gapping down after announcing a proposed $500 million convertible senior notes offering. The announcement follows a significant rally for the company’s stock on Thursday following its Q4 2024 earnings report.

AtlasClear Holdings Inc (ATCH)

+117.45%

Gapping up following its earnings report for Q2 2025. The company reported losses of $1.11 for the quarter, marking a decrease from earnings of $2.22 last year, with sales reaching $2.75 million for the quarter. The stock has a float of 23.04 million shares, 9.53% of which are sold short.