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

1040 - Fed’s Barkin speaks
1100 - Fed’s Schmid speaks
1320 - Fed’s Musalem speaks

NVIDIA Corp (NVDA)

+0.86%

Trading higher premarket ahead of earnings report for fiscal Q4 2026, to be released after the bell on Wednesday, February 25 (ETA 4:20 PM ET). Analysts are looking for the chip giant to post earnings of $1.52 per share and revenue of $65.56 billion. The report comes as traders and market participants await further clarity regarding the company’s ability to sell chips to companies in China.

Crypto Stocks

+3.22%

Trading higher as a group amid a rebound in cryptocurrencies. Bitcoin is poised to end a four-day losing streak, ending Tuesday’s session near $64,600 and trading above $66,000 at its highs on Wednesday morning. Ethereum, meanwhile, closed Tuesday’s session around $1850 and is trading around $1,920 as of 6:45 AM ET on Wednesday.

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

Netflix Inc (NFLX)

+1.45%

On watch after Warner Bros. Discovery announced that Paramount Skydance raised its acquisition bid from $30 to $31 per share, a proposal that WBD’s board views as possibly superior to that of Netflix. Paramount Skydance’s new bid also includes a ticking fee starting in Q4 2026, as well as a $7 billion breakup fee and plans to cover WBD’s termination fee to end its Netflix agreement. Netflix will be given four days to improve its $27.75-per-share bid for Warner Bros. Discovery’s studio and streaming assets if WBD decides that Paramount’s new offer is superior to Netflix’s bid.

Circle Internet Group Inc (CRCL)

+15.85%

Gapping up after its Q4 2025 earnings report, with earnings of $0.56 and sales of $770.232 million beating estimates of $017 and $739.446 million, respectively. USDC in circulation by the end of the fiscal year represented growth of 72%, while USDC onchain transaction volume for Q4 2025 grew by 247% year-over-year. The company’s FY 2025 revenue and reserve income grew by 64% to $2.7 billion.

Lithium Stocks

+4.37%

Trading sharply higher as a group after Zimbabwe suspended exports of lithium concentrates and other raw minerals to push miners to process resources locally. The ban will remain until companies meet government requirements, as the country seeks to leverage its estimated 126 million tons of lithium resources.

LAR, LAC, SGML, ALB

HP Inc (HPQ)

-5.60%

Gapping down after its Q1 2026 earnings report. The company posted adjusted earnings of $0.81 per share and sales of $14.438 billion, beating estimates of $0.77 and $13.943 billion, respectively. HP affirmed its GAAP EPS projection of $2.47-$2.77 for FY 2026, compared to estimates of $2.73, and continues to expected adjusted EPS between $2.90 and $3.20 for the same period. The company projected weaker-than-expected GAAP EPS for Q2 2026 and guided in-line adjusted EPS for the same quarter.

Oracle Corp (ORCL)

+2.44%

Trading higher premarket after Oppenheimer upgraded the stock to Outperform with a $185 price target, saying the recent stock selloff has lowered expectations and created a more attractive risk/reward profile despite ongoing business transition risks. The firm cited strong projected EPS growth through 2030, easing execution and financing risks, resilience to AI disruption, and potential for improved investor sentiment as key reasons for the upgrade.

Microsoft Corp (MSFT)

+0.43%

Nikkei reported that Japan’s Japan Fair Trade Commission conducted an on-site inspection of Microsoft Japan over suspected violations of the Antimonopoly Act related to its Azure cloud service. The probe follows allegations that Microsoft may have unfairly restricted customers from using rival cloud providers.

Apple Inc (AAPL)

-0.24%

Bloomberg reported that the company is developing touch-screen MacBook Pro models, with the first touch-enabled Macs expected to launch this fall. The redesign is also said to remove the display notch and introduce a hole-punch cutout similar to the Dynamic Island interface.

PayPal Holdings Inc (PYPL)

-0.19%

On watch after Bloomberg reported that Stripe is interested in acquiring all or part of the company’s business, causing the stock to surge late on Tuesday afternoon. This update follows earlier reporting from Bloomberg on Monday which named PayPal as an acquisition target but did not specify the interested parties.

First Solar Inc (FSLR)

-16.37%

Gapping down after its Q4 2025 earnings report. Earnings of $4.84 per share missed estimates of $5.14, while sales of $1.683 billion beat estimates of $1.563 billion. The company guided sales between $4.9 billion and $5.2 billion for FY 2026, well below estimates of $6.115 billion, and announced that it has entered into a patent licensing agreement with Oxford Photovoltaics. Fellow solar stock Enphase Energy (ENPH) is gapping up after being upgraded from Hold to Buy by Jefferies.

CAVA Group Inc (CAVA)

+11.21%

Gapping up after its Q4 2025 earnings report. Adjusted earnings of $0.04 per share narrowly beat estimates of $0.03, while sales of $274.985 million exceeded estimates of $267.92 million. Quarterly revenue grew by 21.2% year-over-year and same-restaurant sales grew by 0.5%, though guest traffic declined by 1.4% for Q4 2025. Cava projected same-restaurant sales growth between 3% and 5% for FY 2026.

Alphabet Inc (GOOGL)

+0.61%

On watch after announcing the dismantling of a Chinese-linked hacking operation that had breached at least 53 organizations in 42 countries, describing it as a large global surveillance effort, according to analyst John Hultquist. Google and its partners shut down the group’s cloud projects, disabled its internet infrastructure, and blocked accounts used to access Google services for targeting and data theft.

Workday Inc (WDAY)

-9.89%

Gapping down after its Q4 2026 earnings report. Adjusted earnings of $2.47 per share and sales of $2.532 billion beat estimates of $2.32 and $2.524 billion, respectively. The company guided FY 2027 sales between $10.635 billion and $10.66 billion, missing estimates of $10.721 billion, with its Q1 2027 sales outlook of $2.515 billion similarly falling short of the expected $2.532 billion.

Lucid Group Inc (LCID)

-3.79%

Trading sharply lower premarket following its Q4 2025 earnings report. Adjusted losses of $3.08 per share were wider than the estimated $2.64-per-share loss, though sales of $522.73 million beat estimates of $469.2 million. The company expects to save roughly $500 million in costs over the next three years as a result of its 12% workforce reduction, noting that it expects to incur $40 million to $42 million in charges related to said reduction. Lucid also filed with the SEC to register up to 69,108,837 of its Class A shares for resale.

XWELL Inc (XWEL)

+104.92%

Gapping up after announcing an at-the-market private placement valued at approximately $31.3 million. The company has a market capitalization of $2.18 million and a float of 4.3 million shares.