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

0830 - PPI y/y for October: Expected 2.7%; Prior 2.7%
0830 - PPI m/m for October: Expected 0.2%; Prior 0.3%
0830 - Core PPI y/y for October: Expected 2.7%; Prior 2.6%
0830 - Core PPI m/m for October: Expected 0.2%; Prior 0.1%
0830 - Retail sales m/m for November: Expected 0.4%; Prior 0%
1000 - Supreme Court opinion on tariffs (tentative)
1000 - Existing home sales: Expected 4.22M; Prior 4.13M

Silver Stocks and Miners

+3.29%

Trading sharply higher as a group following another new all-time high for silver. Spot prices for the precious metal exceeded $90 per ounce for the first time as of Tuesday and continued to increase on Wednesday morning. The recent rally in silver, often viewed as a safe haven asset, has been attributed in part to heightened geopolitical uncertainty.

SLV, HL, AG, CDE, TECK

Netflix Inc (NFLX)

+1.32%

Trading higher premarket after the Financial Times reported that the company is considering revising its $82.7 billion deal for Warner Bros. Discovery into an all-cash offer. This amendment would both simplify the transaction and counter Paramount Skydance’s higher $30-per-share hostile bid. The move, still under negotiation, would aim to give WBD shareholders faster certainty as Paramount escalates pressure with a proxy fight and lawsuit demanding greater financial transparency.

Bank of America, Wells Fargo, and Citigroup

+0.68%

All three of these major financial institutions are slated to report earnings before the bell on Wednesday. Bank of America is trading higher premarket after posting Q4 2025 earnings of $0.98 per share and sales of $28.532 billion, beating estimates of $0.96 and $27.944 billion, respectively. Average deposit balances grew by 3% sequentially. Wells Fargo is trading lower premarket after posting weaker-than-expected sales of $21.292 billion, though adjusted earnings exceeded estimates. Citigroup is expected to release its earnings report at 8:00 AM ET.

BAC, WFC, C

NVIDIA Corp (NVDA)

-0.84%

The Trump administration has officially approved exports of Nvidia’s H200 AI chips to China under strict new rules, including third-party testing, supply caps limiting China to no more than 50% of US volumes, and certifications on domestic availability and non-military use. However, Chinese customs authorities have reportedly told agents that H200 chips are not currently permitted to enter China, creating uncertainty around the practical start of shipments.

Cybersecurity Stocks

-1.73%

Trading lower as a group after Reuters reported that China has instructed domestic firms to stop using cybersecurity software from several US and Israeli companies, citing national security concerns. The move targets vendors including Broadcom-owned VMware, Palo Alto Networks, Fortinet, and Check Point. This reported development reflects Beijing’s broader push to replace Western technology with local alternatives amid rising US-China tensions.

AVGO, CRWD, PANW, ZS, FTNT

Crypto Stocks

+1.21%

Trading higher as a group amid a breakout in Bitcoin. The cryptocurrency touched its highest level since November 17, 2025 on Tuesday, trading near the $96,500 level. As of 7:10 AM ET, Bitcoin is trading just below $95,000.

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

Amazon.com Inc (AMZN)

-0.75%

The Financial Times reported that the company is renegotiating prices with some suppliers after reduced US tariffs on Chinese imports eased cost pressures, seeking to roll back concessions made during higher-tariff periods. The talks follow an October US-China agreement that lowered average tariffs to about 47%, giving Amazon more flexibility to push for lower supplier pricing while keeping consumer prices competitive. The Supreme Court could release a decision on the legality of US tariffs as early as Wednesday, January 14.

Rivian Automotive Inc (RIVN)

-2.92%

Trading sharply lower premarket after UBS downgraded the stock from Neutral to Sell, citing a less attractive risk/reward after the stock’s recent rally driven by AI and R2 enthusiasm that it believes is largely already priced in. The firm argues expectations for R2 sales are too high versus its forecasts and believes that the company’s current valuation implies overly optimistic 2027 volumes. In spite of the downgrade, UBS raised its price target on Rivian from $13 to $15.

CleanSpark Inc (CLSK)

+3.43%

Trading sharply higher premarket after announcing an agreement to acquire up to 447 acres in Brazoria County, Texas, along with a long-term transmission extension. The company intends to use the land to develop a large-scale data center capable of 300 MW demand with potential expansion to 600 MW. The deal is expected to close in Q1 2026, pending utility and property approvals.

Alphabet Inc (GOOGL)

-0.17%

The company has expanded its partnership with Nvidia as Google Cloud begins deploying Nvidia’s Blackwell-based AI systems, making it one of the first cloud providers to offer the next-generation platform for demanding enterprise and government workloads. The collaboration enables customers to run advanced AI, including Gemini models, via accelerator-optimized VMs and on-premise sovereign and confidential computing setups integrated across Google Cloud services.

Tesla Inc (TSLA)

-0.53%

On watch after CEO Elon Musk said that the company will shift Full Self-Driving (FSD) to a subscription-only model after February 14, ending the option to buy the software outright for $8,000 and leaving the $99-per-month plan as the sole offering. FSD is a supervised driver-assistance system that has faced ongoing regulatory scrutiny.

Beam Global (BEEM)

+23.16%

Gapping up after releasing preliminary earnings for Q4 2025. These preliminary results suggest a more-than-50% sequential increase in revenue for the reporting period. The company has a market capitalization of $33.7 million and a float of 17.34 million shares, approximately 6.3% of which are sold short.

Gelteq Ltd (GELS)

+48.24%

On Tuesday morning, the company reported that its cannabinoid oral gel platform increased cannabidiol bioavailability by over 22% compared to an FDA-approved oil product. Gelteq plans to leverage Australia’s Special Access Scheme for earlier patient access and faster market entry. The stock has a market capitalization of $8.92 million and a float of 4.93 million shares.