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

0830 - Import prices m/m for November: Expected -0.2%; Prior 0%
0830 - Export prices m/m for November: Expected 0%; Prior 0%
0830 - Initial jobless claims: Expected 215k; Prior 208k
0830 - Philly Fed business index for January: Expected -1; Prior -10.2
0830 - NY Fed manufacturing index for January: Expected 1; Prior -3.90
0835 - Fed’s Bostic speaks
0915 - Fed’s Barr speaks

Taiwan Semiconductor Manufacturing Co Ltd (TSM)

+6.22%

Gapping up after its earnings report for Q4 2026, with earnings of $3.14 per share and sales of $33.73 billion beating estimates of $2.79 and $33.27 billion, respectively. The company guided Q1 2026 revenue between $34.6 billion and $35.8 billion. Taiwan Semi projects gross margin between 63% and 65% for the same quarter, with its operating margin projected to fall between 54% and 56%.

NVIDIA Corp and Advanced Micro Devices Inc

+1.21%

Trading higher premarket in sympathy with Taiwan Semiconductor following its earnings reports. On Wednesday, the Trump administration imposed a 25% tariff on certain high-end AI chips, including Nvidia’s H200 and AMD’s MI325X, following a national security review under Section 232. The tariffs are narrowly targeted and exclude chips imported for U.S. data centers, startups, consumer devices, civil industrial uses, and public sector applications.

NVDA, AMD

Alphabet Inc (GOOGL)

+0.57%

On watch after Marsden Hanna, the company’s Global Head of Sustainability and Climate Policy, warned that U.S. transmission bottlenecks are severely slowing data center expansion, with grid interconnection wait times in some regions stretching beyond a decade. To work around delays driven by surging AI-related power demand, Google is increasingly using colocation near power plants while aiming for eventual full grid integration.

Morgan Stanley and Goldman Sachs

+0.65%

Both companies reported earnings before the bell on Thursday. Morgan Stanley posted earnings of $2.68 per share and sales of $17.89 billion for Q4 2025, beating estimates of $2.41 and $17.773 billion, respectively. Goldman Sachs, meanwhile, posted better-than-expected earnings of $14.01 per share, but quarterly sales of $13.454 billion fell short of the estimated $13.791 billion.

MS, GS

Beyond Meat Inc (BYND)

+2.71%

Trading higher premarket after launching the Beyond Immerse Protein Drink. The product is available in two different flavors through Beyond Test Kitchen, their website, and will be offered for a limited time. The company’s stock spiked higher on Wednesday afternoon after teasing the announcement online.

Oil and Gas Stocks

-1.30%

Trading lower as a group as US President Donald Trump reportedly softens his stance on war in Iran. Iran’s ambassador to Pakistan claimed that Trump has said he will not launch an attack on Iran. Trump made comments to a similar effect during an executive order signing on Wednesday afternoon, triggering the initial drop in oil and related equities.

USO, XOM, CVX, COP, MRO, DVN, OXY

Tesla Inc (TSLA)

+0.37%

The company unveiled its new lithium refinery in Texas, aimed at scaling battery production and localizing its critical mineral supply chain, via a social media post on Wednesday. The facility, which Tesla and CEO Elon Musk say is the largest in the U.S., is the first North American refinery to process spodumene into lithium hydroxide, supporting energy independence and lower emissions.

Coinbase Global (COIN)

-1.55%

Trading lower premarket. The Senate Banking Committee postponed discussion of draft crypto market structure legislation shortly after Coinbase CEO Brian Armstrong publicly opposed the bill. The delay casts uncertainty over the proposal, which would define crypto asset classifications and give the CFTC oversight of spot markets, as Coinbase’s support has been central to advancing the legislation.

Dell Technologies Inc (DELL)

+1.69%

Trading higher premarket after Barclays upgraded the stock from Equal Weight to Overweight with a $148 price target, citing strong AI server demand, stable operating margins, and growth opportunities in enterprise servers and storage. The firm expects Dell to ship about $9.4 billion in AI servers in Q4, bringing full-year shipments to $25 billion, with AI server growth modeled at 155% in FY26 and 60% in FY27.

Amazon.com Inc (AMZN)

+0.65%

The company’s AWS branch launched a fully European Sovereign Cloud with data centers that are physically and legally separate from its U.S. infrastructure to address data security and sovereignty concerns. The first site is being built in Brandenburg, Germany, with additional European locations planned as part of more than €7.8 billion in investment.

Bitmine Immersion Technologies Inc (BMNR)

+0.95%

Trading higher premarket after announcing a $200 million equity investment into Beast Industries, underscoring its expansion beyond its core Ethereum treasury focus. The company said the move aligns with its broader digital asset strategy aimed at institutional investors and public market participants. Bitmine Immersion its holding its shareholder meeting on Thursday, January 15.

Energy Fuels Inc (UUUU)

+2.73%

Trading higher premarket after announcing a bankable feasibility study estimates $410 million in capex for Phase 2 of its White Mesa Mill rare earth expansion, boosting NdPr capacity to over 6,000 tons per year and adding significant terbium and dysprosium output. The study projects a $1.9 billion NPV, 33% IRR and average annual EBITDA of $311 million over the first 15 years, with regulatory approval targeted by mid-2027 and operations beginning in 2029.

Talen Energy Corp (TLN)

+10.18%

Gapping up with low volume after announcing the acquisition of roughly 2.6 GW of gas-fired generation from Energy Capital Partners for $3.45 billion, funded with $2.55 billion in cash and $900 million in stock. The company expects the deal to drive more than 15% annual adjusted free cash flow per share accretion through 2030 and plans to reduce net leverage to 3.5x or below by year-end 2026.