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

0830 - GDP q/q (final) for Q3 2025: Expected 4.3%; Prior 4.3%
0830 - Initial jobless claims: Expected 209k; Prior 196k
0830 - GDP price index for Q3 2025: Expected 3.8%; Prior 3/.8%
1000 - PCE price index m/m for October: Expected 0.2%; Prior 0.3%
1000 - PCE price index y/y for October: Expected 2.8%; Prior 2.8%
1000 - Core PCE price index m/m for October: Expected 0.2%; Prior 0.3%
1000 - Core PCE price index y/y for October: Expected 2.8%; Prior 2.8%

Big Tech and Materials Stocks

+1.31%

Continuing to trade higher premarket after US President Donald Trump announced on Wednesday that planned 10% tariffs on EU countries will not take effect. The halting of these tariffs was attributed to progress toward a broader Greenland and Arctic framework following talks with NATO leadership. Trump said negotiations on the issue will continue, framing the discussions as beneficial for the US and NATO allies.

AMZN, CRML, MP, TMC

Intel Corp (INTC)

+1.20%

The semiconductor company is scheduled to post earnings after the bell on Thursday, January 22 (ETA 4:00 PM ET). Analysts are looking for Intel to post earnings of $0.08 per share and revenue of $13.38 billion. The stock is already up more than 15% this week heading into the report.

Alphabet Inc (GOOGL)

+1.82%

Trading higher premarket following an upgrade from Raymond James. The analyst hiked its rating on Alphabet to Strong Buy from Outperform and raised its price target to $400, citing a materially more bullish outlook driven by upward revisions to 2026–27 estimates across GCP and Search AI initiatives. Raymond James believes that the company is entering a phase of improving AI stack momentum and estimate upgrades, positioning it as one of the highest-quality top-line AI acceleration stories among mega-cap internet stocks.

Alibaba Group Holding Ltd (BABA)

+3.90%

Gapping up after Bloomberg reported that the company is moving toward a potential IPO of its in-house chip unit T-Head. This move highlights efforts by Chinese tech giants to unlock domestic AI hardware value amid tighter US export controls and rising demand for Nvidia alternatives. Alibaba reportedly plans to first restructure T-Head with partial employee ownership before considering a public listing, while continuing to expand its AI ecosystem through chip development and deeper integration of its Qwen consumer AI services.

GameStop Corp (GME)

+3.04%

Trading sharply higher premarket after an amended 13D filing revealed that CEO Ryan Cohen purchased 500,000 shares of the company’s stock. The purchase, which occurred during open-market hours on January 20, brings Cohen’s total ownership stake in the company to 9.3%.

Tesla Inc (TSLA)

+1.04%

On watch ahead of CEO Elon Musk’s appearance at Davos. Musk, who was not originally on the schedule, is set to speak from 10:30 AM to 11:00 AM ET on Thursday, January 22, alongside BlackRock CEO Larry Fink.

Micron Technology Inc (MU)

+2.25%

Trading higher premarket after William Blair initiated coverage on the stock with an Outperform rating, citing a memory “supercycle” that is driving record profitability as memory becomes a critical bottleneck in AI systems. The firm expects Micron to benefit from rising selling prices and richer product mix. William Blair expects non-GAAP earnings growing more than 275% over the next two years.

Palantir Technologies Inc (PLTR)

+1.97%

Phillip Securities initiated coverage on the stock with a Buy rating and $208 price target. The analyst projects FY25 revenue growth of 47% to $4.2B and nearly 2x net profit growth, led by accelerating US commercial AI adoption and strong government demand. Despite a rich valuation, the firm argues Palantir’s forward P/E sits below historical extremes and sees room for re-rating as fundamentals improve and the addressable market expands.

Meta Platforms Inc (META)

+1.93%

Jefferies reiterated a Buy rating and $910 price target on the stock, arguing the recent 18% pullback has created an attractive risk/reward. The firm sees upside driven by improving AI execution, accelerating monetization across WhatsApp, Threads, and Llama, and a core AI-powered flywheel that could outweigh near-term margin and capex concerns.

Procter & Gamble Co (PG)

-1.61%

Trading lower premarket following its Q2 2026 earnings report, with sales of $22.208 billion missing estimates of $22.282 billion; adjusted earnings of $1.88 per share narrowly beat estimates of $1.86 for the quarter. The company raised the lower end of its FY26 GAAP EPS outlook and now expects $6.83-$7.09, compared to estimates of $6.91, though it lowered its adjusted EPS outlook for the same period.

NVIDIA Corp (NVDA)

+0.87%

On watch after tech news site TweakTown reported that the company has paused RTX 5060 production and plans to keep RTX 50-series GPU supply tight into at least Q3 2026, driven by overwhelming AI demand and VRAM constraints. While all GeForce SKUs remain in production, limited memory availability is reportedly restricting overall supply.

Apple Inc (AAPL)

+0.49%

The company is asking an Indian court to block the country’s antitrust regulator from accessing its global financial records as it challenges both the App Store abuse allegations and the validity of India’s 2024 penalty rules. Apple says using global turnover to calculate fines could expose it to penalties of up to $38 billion, a claim the Competition Commission of India disputes as the legal fight continues.

Mobileye Global Inc (MBLY)

-5.23%

Gapping down after its Q4 2025 earnings report. Adjusted earnings of $0.06 per share were in-line with analyst estimates, while sales of $446 million exceeded estimates of $432.329 million. The company guided FY26 sales between $1.9 billion and $1.98 billion, above estimates of $1.881 billion.