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

Netflix Inc (NFLX)

+14.98%

Gapping up after its Q4 2024 earnings report, with earnings of $4.27 per share and sales of $10.247 billion exceeding the expected $4.19 and $10.114 billion, respectively. Global paid streaming memberships increased by 15.9% year-over-year, and net subscriber adds of 18.91 million well surpassed estimates of 9.6 million. The company missed EPS and revenue guidance for Q1 2025 but raised its revenue guidance for the fiscal year by $500 million. Netflix also announced price hikes for all its tiers.

AI and Cloud-Related Stocks

+2.59%

Trading sharply higher as a group following the announcement of the Stargate Project, a joint venture between Softbank, OpenAI, and Oracle. The project, announced by the three companies’ CEOs at the White House on Tuesday night, entails a $100 billion initial investment into US-based AI infrastructure; the executives have committed up to $500 billion in investments over the next four years. The announcement named Arm, Microsoft, and Nvidia as “key initial technology partners” alongside OpenAI and Oracle.

ORCL, ARM, MSFT, NVDA, PLTR, AVGO, MU, DELL

Crypto Stocks

-0.67%

On watch as a group as Bitcoin continues to trade near its all-time highs. The cryptocurrency made its most recent high above $109,000 on Monday. On Tuesday, acting SEC Chair Mark Uyeda announced that the agency has launched a crypto task force. The task force aims to create a “comprehensive and clear regulatory framework” for the crypto space, which it noted has historically been regulated after the fact.

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

Amazon.com Inc (AMZN)

+0.68%

Trading higher premarket after Cantor Fitzgerald reaffirmed the stock as its top pick. The analyst maintained its Overweight rating and $270 price target on the stock, citing its favorable near-term outlook. Cantor Fitzgerald named AWS acceleration, retail margin expansion, and benefits from competitive AI advancements in its tech stack as potential catalysts for the stock in 2025.

United Airlines Holdings Inc (UAL)

+3.60%

Trading higher premarket after its earnings report. Adjusted earnings of $3.26 per share and sales of $14.7 billion beat estimates of $2.99 and $14.4 billion, respectively. The company reported year-over-year increases in capacity and revenue for all of its classes, including a 30% jump in cargo revenue. United Airlines guided adjusted earnings between $0.75 and $1.25 per share for Q1, beating estimates of $0.57, though the lower end of its EPS guide for fiscal 2025 missed estimates.

Automakers

-1.07%

Several stocks in the group dropped on Tuesday after President Donald Trump signed an executive order revoking the US EV manufacturing mandate. Tesla is especially on watch after Gary Black, managing partner of the Future Fund and a noted Tesla bull, commented that revoking EV policies is a negative catalyst for Tesla despite opinions to the contrary. Black opined that the removal of the $7,500 federal tax credit for electric vehicles will raise Tesla's U.S. vehicle prices relative to competitors. He also argued that Tesla's higher U.S. sales exposure and the precedent of past price wars suggest Tesla would be disproportionately impacted compared to rivals.

TSLA, RIVN, LCID, MULN, F, GM

Vistra Corp and GE Vernova

+3.83%

Both energy plays are on watch. Vistra is trading higher premarket after rallying on Tuesday, driven by reports of a $100 billion AI infrastructure investment from a joint venture involving Softbank, Oracle, and OpenAI. The company is based in and has operations in Texas, where the joint venture will be focusing the first round of their data center funding. GE Vernova, meanwhile, reported lower-than-expected GAAP earnings per share and sales for Q4 2024. The company continues to guide revenue between $36 billion and $37 billion, the lower end of which falls well below estimates of $36.8 billion.

VST, GEV

Procter & Gamble Co (PG)

+3.08%

Trading higher premarket following its earnings report. The company reported core earnings of $1.88 per share, above estimates of $1.86, and sales of $21.9 billion, above estimates of $21.542 billion. Procter & Gamble maintained its previous guidance for fiscal 2025, projecting core earnings between $6.91 and $7.05 per share and sales growth between 2% and 4%; the lower end of its 2025 EPS guide slightly missed estimates of $6.93.

Heavily-Shorted Tickers

+4.67%

Several tickers with substantial short floats are trading sharply higher premarket. Some of these stocks, including Tempus AI (TEM), are continuation plays; Tempus ran on Tuesday following an AI investment and news that Nancy Pelosi had taken a bullish position in the stock. All of these tickers have shorts floats of greater than 10%, with the quantum tickers and Red Cat (RCAT) being subjects of short reports over the last few weeks.

RGTI, QUBT, RCAT, TEM, PLUG