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

0830 - Trump speaks at the World Economic Forum Annual Meeting in Davos
0945 - Trump meets with world leaders in Davos
1000 - SCOTUS Fed’s Cook argument (tentative)
1000 - Construction spending m/m for September: Expected 0.1%; Prior 0.2%
1000 - Pending home sales m/m for December: Expected 0%; Prior 3.3%
1125 - Trump meets with business leaders in Davos

Netflix Inc (NFLX)

-6.65%

Gapping down after its Q4 2025 earning report, during which the company announced that it is pausing share buybacks in order to ensure enough funding for its planned acquisition of Warner Bros. Netflix posted earnings of $0.56 per share and sales of $12.05 billion for the quarter, beating estimates of $0.55 and $11.97 billion, respectively. The company guided weaker-than-expected GAAP EPS and sales for Q1 2026 and noted that its H2 2026 operating income growth is likely to outperform that of H1 2026.

United Airlines Holdings Inc (UAL)

+3.12%

Trading sharply higher premarket after its Q4 2025 earnings report, with adjusted earnings of $0.10 per share ad sales of $15.397 billion beating estimates of $2.94 and $15.396 billion, respectively. Loyalty revenue grew by 10% year-over-year. The company guided adjusted EPS between $1 and $1.50 for Q1 2026, compared to estimates of $1.13. For FY 2026, United projected adjusted earnings between $12 and $14 per share versus estimates of $13.13.

Oklo Inc (OKLO)

+3.77%

BofA upgraded the stock to Buy from Neutral and raised its price target to $127 from $111 in the aftermath of Oklo’s binding agreement with Meta to develop a phased ~1.2 GW advanced nuclear campus. The deal, which includes customer prepayments, is seen as tangible proof of execution and strengthens Oklo’s positioning as the most leveraged public SMR play to accelerating AI and data-center power demand.

NVIDIA Corp (NVDA)

+0.05%

Bloomberg reported that CEO Jensen Huang is planning a late-January trip to China as the company seeks to reengage a critical market for its AI chips. The visit is expected to include company events and a stop in Beijing, though meetings with senior officials are not yet confirmed and plans may change. Huang spoke at the World Economic Forum Annual Meeting in Davos, Switzerland on Wednesday morning. On Tuesday, the Wall Street Journal reported that Nvidia has invested $150 million in AI inference startup Baseten.

Alibaba Group Holding Ltd (BABA)

+2.75%

Trading higher premarket after forming a 250 million yuan joint venture with China National Nuclear Power and partners to secure nuclear-generated electricity for AI data centers. The move aligns with a global trend toward nuclear power as grid constraints intensify. This update also supports Alibaba’s broader push to scale open-source AI adoption and drive cloud infrastructure demand.

Kraft Heinz Co (KHC)

-6.10%

Gapping down after Berkshire Hathaway filed to sell up to ~325 million shares, signaling an exit from its roughly 27.5% stake in the company. The move marks Berkshire’s largest post–Warren Buffett transition action since his retirement as CEO, effective January 2 of this year.

Meta Platforms Inc (META)

-0.03%

The company said its new Meta Superintelligence Labs has delivered its first high-profile AI models internally, with CTO Andrew Bosworth calling the early results “very good” just months into development. The milestone follows leadership changes and aggressive talent hires as Meta looks to regain momentum in AI after criticism of Llama 4. Bosworth noted that significant post-training work is still ahead before public release.

Tesla Inc (TSLA)

-0.21%

On watch after CEO Elon Musk said early production of the Cybercab robotaxi and Optimus humanoid robot will be “agonizingly slow” due to the high level of new parts and manufacturing complexity. He added that production should accelerate significantly over time, with Cybercab volume production targeted for 2026 and Optimus output potentially starting late that year.

Halliburton Co (HAL)

+1.84%

Trading higher premarket after releasing its Q4 2025 earnings report. Adjusted earnings of $0.69 per share beat estimates of $0.55, and sales of $5.657 billion similarly exceeded estimates of $5.421 billion. Net income grew by 11% year-over-year in the company’s Completion and Production segment, while Drilling and Evaluation net income increased by 5%.

Charles Schwab Corp (SCHW)

-3.46%

Trading sharply lower premarket following its Q4 2025 earnings report. Adjusted earnings of $1.39 per share were in-line with analyst estimates, while sales of $6.336 billion missed estimates of $6.369 billion despite growing by 19% year-over-year. Total client assets came in at $11.9 trillion, representing 18% year-over-year growth.

Johnson & Johnson (JNJ)

-1.01%

Trading lower premarket after its Q4 2025 earnings report. The company posted adjusted earnings of $2.46 per share and sales of $24.564 billion, beating estimates of $2.44 and $24.159 billion, respectively. Johnson & Johnson guided adjusted earnings between $11.43 and $11.63 per share for FY26, compared to estimates of $11.45, and projected stronger-than-expected revenue of $99.5 billion-$100.5 billion for the same period.

Amazon.com Inc (AMZN)

-0.48%

On watch after Evercore ISI reiterated the stock at Outperform with a $335 price target, saying recent fulfillment checks remain constructive. The firm highlights sustained unit-cost improvements, a shift to regionalization-by-design, and more sophisticated last-mile infrastructure, with the key near-term question being whether automation and productivity gains can outpace labor inflation.

Brand Engagement Network Inc (BNAI)

+77.60%

Gapping up after announcing a $2.05 million partnership for AI licensing with Valio Technologies. This partnership will allow the company to expand into government and commercial markets in Africa and includes a memorandum of understanding with Nelson Mandela University. Approximately 45.6% of the stock’s 2.7 million-share float is sold short.