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

0830 - Initial jobless claims: Expected 216k; Prior 206k
1000 - Fed’s Bowman speaks

NVIDIA Corp (NVDA)

+1.12%

Trading marginally higher following its earnings release for fiscal Q4 2025, with adjusted EPS of $1.62 and sales of $68.127 billion beating estimates of $1.53 and $66.003 billion, respectively. Data center came in at a record $62.3 billion for the quarter, while quarterly game revenue declined sequentially amid a “natural” moderation of inventory. The company guided Q1 sales between $76.44 billion and $79.56 billion, well above estimates of $71.963 billion.

The Trade Desk Inc (TTD)

-16.93%

Gapping down after its Q4 2025 earnings report. Adjusted earnings of $0.59 per share narrowly beat estimates of $0.58, and sales of $846.791 million exceeded estimates of $840.461 million. The company guided Q1 2026 revenue of greater than $678 million, compared to estimates of $689.479 million.

Salesforce Inc (CRM)

-3.93%

Trading sharply lower after its Q4 2026 earnings report. Adjusted earnings of $3.81 and sales of $11.201 billion beat estimates of $3.04 and $11.175 billion, respectively. The company guided in-line GAAP EPS for both Q1 and FY 2027, though its adjusted EPS outlook for both periods exceeded estimates. Salesforce’s sales outlook for FY 2027 met analyst estimates, while its Q1 2027 sales outlook beat expectations.

Crypto Stocks

-0.87%

On watch as a group following a sector-wide rally on Wednesday, led by outperformance in a variety of cryptocurrencies. Bitcoin closed 6% higher on Wednesday, briefly breaking below the $70,000 level during the session, while Ethereum cracked well above $2,000. Stablecoin issuer Circle was in focus on Wednesday following its earnings report, which saw the stock close more than 30% higher.

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

Quantum Stocks

+6.16%

Both IonQ and D-Wave Quantum shared their earnings reports ahead of Thursday's session. IonQ is gapping up after posting a sales beat and a smaller-than-expected loss per share, with its Q1 and FY 2026 sales projections sharply exceeding expectations. The company also announced that it has delivered a quantum key distribution network that it touts as one of the largest in Europe. D-Wave, meanwhile, is relatively flat after missing EPS and sales estimates for the quarter.

IONQ, QBTS, RGTI

Sandisk Corp (SNDK)

+3.27%

The company has formed a High Bandwidth Flash (HBF) standards consortium with SK Hynix. The companies plan to launch a workstream under the Open Compute Project to establish global specifications for the new memory tier. HBF is designed for AI inference workloads, positioned between high-bandwidth memory (HBM) and traditional SSD storage.

C3.ai Inc (AI)

-24.24%

Gapping down after its Q3 2026 earnings report, during which the company announced plans to cut its workforce by 26%. The company posted losses of $0.40 per share, larger than the estimated $0.29-per-share loss, with sales of $53.26 million well underperforming estimates of $75.616 million. C3.ai guided Q4 sales between $48 million and $52 million, sharply below the estimated $77.693 million, and slashed its outlook for the fiscal year.

Chinese ADRs

-2.86%

Trading sharply lower as a group. Baidu is on watch following its Q4 2025 earnings report; the company posted adjusted EPS of $1.52 and sales of $4.682 billion, beating estimates of $1.12 and $4.68 billion, respectively. Xpeng, meanwhile, is in focus after CnEVPost reported that the company plans to break ground on a 1.18 million sq. ft. humanoid robot factory in Guangzhou in the first quarter, aiming for large-scale production of its IRON robot by the end of 2026.

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

Snowflake Inc (SNOW)

+1.65%

Trading marginally higher premarket following its Q4 2026 earnings report. Adjusted EPS of $0.32 and sales of $1.284 billion beat estimates of $0.27 and $1.255 billion, respectively. Revenue grew by 30% year-over-year, as did product revenue, while remaining performance obligations grew by 42%. The company said that it has officially closed its $600 million acquisition of Observe, which it expects to contribute roughly one percentage point of product revenue growth in fiscal 2027.

Tesla Inc (TSLA)

-0.49%

Reuters reported that the company has not taken steps to secure regulatory approval for a driverless robotaxi service in California despite repeated claims by Elon Musk that a launch was imminent, with records showing the company logged zero autonomous test miles in the state last year. To deploy fully self-driving vehicles like Waymo, Tesla must first obtain testing and operating permits from California regulators, including the state DMV and Public Utilities Commission.

Nu Holdings Ltd (NU)

-4.20%

Trading sharply lower premarket after its Q4 2025 earnings report. Earnings of $0.18 per share were in-line with analyst estimates, while sales of $4.686 billion exceeded estimates of $3.763 billion.

Apple Inc (AAPL)

+0.04%

Bloomberg reported that ICICI Bank, HDFC Bank, Axis Bank, Visa, and Mastercard are reportedly in talks with the company to launch Apple Pay in India around mid-2026. The service would support Unified Payments Interface alongside card payments, targeting a market of over 750 million smartphone users where Apple’s share is about 10%.

Celsius Holdings Inc (CELH)

+8.67%

Gapping up after its Q4 2025 earnings report. Adjusted earnings of $0.26 per share beat estimates of $0.20, while sales of $721.628 million beat estimates of $640.834 million. Roughly 7.75% of the stock’s float is sold short.

Nutanix Inc (NTNX)

+17.14%

Gapping up after its Q2 2026 earnings report, during which the company announced a multi-year partnership with AMD. The companies will develop an open, full-stack AI infrastructure platform for agentic AI applications across data centers, hybrid environments, and the edge, integrating AMD chips, software, and AI platforms with Nutanix cloud and Kubernetes solutions. As part of the deal, AMD will invest $150 million in Nutanix stock and provide up to $100 million for joint engineering and go-to-market efforts. Nutanix beat EPS and sales estimates for the quarter.

Krispy Kreme Inc (DNUT)

+17.73%

Gapping up after its Q4 2025 earnings report. Adjusted EPS of $0.09 and sales of $392.367 million beat estimates of $0.03 and $386.715 million, respectively. The company guided a 2% to 4% increase in systemwide sales for FY 2026.