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

0945 - S&P manufacturing PMI for January: Expected 52; Prior 51.9
0945 - ISM manufacturing PMI for January: Expected 48.5; Prior 47.9
1230 - Fed’s Bostic speaks
1500 - Treasury QRA estimates

Crypto Stocks

-6.06%

Trading sharply lower as a group in tandem with a drop in Bitcoin. The cryptocurrency traded below $75,000 early on Monday morning before recovering to trade just below $78,000 as of 7:10 AM ET. Coinglass data shows that over $2 billion in bitcoin positions to the long and the short side have been liquidated since January 29.

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

Precious Metals Stocks

-1.03%

On watch as a group following a sector-wide decline on Friday, with silver falling by more than 30% and gold dropping by nearly 10. The CME Group has announced margin requirement increases that will take effect after the bell today; COMEX gold futures margin will be increased from 6% to 8%, and COMEX 5,000-ounce silver futures will have a 15% margin requirement compared to the prior 11% requirement.

SLV, GLD, AG, HL, FCX

Alphabet and Amazon

-0.64%

Both companies are scheduled to report earnings this week. Alphabet is expected to report earnings of $2.58 per share and revenue of $94.69 billion when it releases its report after the bell on Wednesday, February 4. Amazon is scheduled to report after the bell on Thursday, February 5, with analysts looking for earnings of $1.98 per share and revenue of $211.45 billion.

GOOGL, AMZN

Oracle Corp (ORCL)

+2.14%

On watch after announcing plans to raise $45–$50 billion in 2026, split roughly evenly between equity and debt, to rapidly expand cloud infrastructure capacity to meet surging demand from major customers like Nvidia, OpenAI, Meta, TikTok, and xAI. The effort would be one of Oracle’s largest ever, featuring equity-linked and common stock issuances alongside a one-time investment-grade bond sale. The stock rebounded from an early selloff on this news after Fitch Ratings reaffirmed its BBB rating on Oracle’s senior notes,

The Walt Disney Company (DIS)

+0.96%

Trading marginally higher premarket following its Q1 2026 earnings report. Disney reported adjusted earnings of $1.63 per share and sales of $25.981 billion, beating estimates of $1.57 and $25.741 billion, respectively. Total revenue grew by 5% year-over-year, with entertainment revenue growing by 7%. The company expects adjusted EPS to grow on a double-digit percentage basis for FY 2026, projecting $19 billion in operating cash flow for the same period.

Materials and Rare Earths Plays

+5.45%

Trading sharply higher as a group after Bloomberg reported Bloomberg that US President Donald Trump plans to launch “Project Vault,” a strategic critical-minerals stockpile backed by about $12 billion in initial funding. The initiative would purchase and store key materials like gallium and cobalt to secure supplies for US manufacturers.

USAR, MP, TMC, NB, CRML

NVIDIA Corp (NVDA)

-1.13%

The Wall Street Journal reported that the company’s plan to invest up to $100 billion in OpenAI has stalled as internal concerns emerged over the size, structure, and financial discipline of the deal. The companies are now said to be discussing a much smaller investment, potentially in the tens of billions, as part of OpenAI’s broader fundraising efforts. Nvidia CEO Jensen Huang addressed the report on Sunday, saying that his company will still make a “huge” investment in OpenAI and denying dissatisfaction.

Tesla Inc (TSLA)

-1.80%

The Delaware Supreme Court cut the company’s legal bill by more than $100 million, reducing shareholder lawyers’ fees to $70.9 million after a successful lawsuit over director overcompensation. Additionally, a patent filing indicates that the company has achieved a major breakthrough by successfully scaling dry electrode battery manufacturing, a process long viewed as impractical at mass-production levels. Separately, Tesla’s registrations in Norway plunged 88% year over year in January, falling to just 83 vehicles; registrations in Sweden and Denmark grew by 26.4% and 2.7%, respectively.

Unity Software Inc (U)

+6.91%

BTIG reiterated the stock with a Buy rating and $60 price target. The analyst noted that an ad buyer saw early ~15–20% ROAS uplift from Unity’s Vector product, but scaling spend remains difficult. While visible spend grew 20% year-over-year in 4Q and is expected to rise by roughly 18% in 2026, Unity remains about 5% of mix with no breakout expected. The stock plummeted alongside other game development stocks on Friday amid excitement over Google’s Project Genie AI, which is viewed as possible competition for companies in the sector.

Alibaba Group Holding Ltd (BABA)

-0.71%

On watch after the company announced that it will spend 3 billion yuan to promote its Qwen AI app during the Lunar New Year starting Feb. 6, tripling the incentives pledged by rivals Tencent and Baidu and intensifying competition among China’s tech giants. The campaign will feature ongoing “red envelope” rewards tied to dining, entertainment, and leisure. Alibaba did not clarify whether the rewards will be cash payouts or platform coupons.

Palantir Technologies Inc (PLTR)

+2.38%

On watch ahead of its Q4 2025 earnings report, set to be released after the bell on Monday, February 2 (ETA 4:05 PM ET). Analysts are looking for the company to post earnings of $0.23 per share and revenue of $1.35 billion for the quarter.

Apple Inc (AAPL)

-0.66%

India granted the company a regulatory win by allowing foreign companies to supply machinery to contract manufacturers in certain sectors for five years without triggering tax liabilities. The change, announced in the 2026–27 budget, addresses Apple’s concerns that owning high-end iPhone manufacturing equipment in India could otherwise expose it to local income taxes.

DarkIris Inc (DKI)

+140.24%

Gapping up after its FY 2025 earnings report, released after the bell on Friday, January 30. The company reported annual revenue of $10.08 million, up 27.3% year-over-year, though losses of $0.52 per share represented a year-over-year decline compared to earnings of $0.07 per share last year. The company has a market capitalization of $5.9 million and a float of 3.81 million shares.