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

0830 - Durable goods m/m for December: Expected 0.6%; Prior -1.2%
0830 - Core durable goods m/m for December: Expected 0.3%; Prior -0.2%
0900 - Case-Shiller home price y/y: Expected 4.24%; Prior 4.2%
1000 - ISM services PMI for December: Expected 53.5; Prior 52.1
1000 - CB consumer confidence for January: Expected 105.85; Prior 104.7
1000 - Richmond fed composite index for January: Expected -10; Prior -10

NVIDIA Corp (NVDA)

+3.96%

Rebounding premarket after closing nearly 17% lower on Monday. The drop, which was driven by fears of competition in the AI space from Chinese startup DeepSeek, led Nvidia to shed a record $593 billion in market capitalization in one session. Retail investors additionally purchased a record $562.2 million worth of Nvidia shares during Monday’s session. Baird issued a bullish note on Nvidia and fellow semiconductor company AMD; many of the other AI tickers that dropped on Monday are poised to open higher.

Microsoft Corp and Meta Platforms

+0.11%

On watch as a pair after President Donald Trump said that Microsoft is in discussions to acquire TikTok ahead of its likely ban in the United States. Trump previously signed an executive order allowing the app, which was scheduled to be banned on January 19, to remain in the US for an additional 75 days. Short-form video platforms like Meta-owned Instagram stand to benefit from a ban of TikTok, which is reportedly in talks to be purchased by everyone from Elon Musk to billionaire Frank McCourt. Both Meta and Microsoft are set to report earnings after the bell on Wednesday, January 29.

MSFT, META

Crypto Stocks

+1.02%

On watch as a group amid a rebound in Bitcoin. The cryptocurrency broke below the $100,000 level early on Monday morning and reached as low as $98,000, but recovered to close above $102,000. Bitcoin is trading just below $103,000 as of Tuesday morning. Fellow cryptocurrency Ethereum has made marginal gains and is trading near $3,200.

MSTR, COIN, RIOT, MARA, CLSK, HUT, BTBT, BTDR, HIVE, CAN, IBIT, ETHE

Cruise Lines

+1.39%

Trading higher as a group following an earnings report from Royal Caribbean Group. Adjusted earnings of $1.63 per share beat estimates of $1.50, but sales of $3.761 billion missed estimates of $3.765 billion. The company guided adjusted earnings between $14.35 and $14.65 per share for fiscal 2025, the midpoint of which exceeded estimates of $14.41, with net yields expected to grow by 2.5% to 4.5% for the year.

RCL, CCL, NCLH

The Boeing Company (BA)

+0.08%

On watch following its Q4 2024 earnings report, during which the company reported its sixth straight annual loss. Adjusted losses of $5.90 per share missed estimates of a $2.44-per-share loss, while sales of $15.242 billion came in below estimates of $16.174 billion. The company lost $3.86 billion during the quarter, driven in part by hefty charges in its commercial and defense units. CEO Kelly Ortberg, who joined the company in August 2024, called the year “challenging” but noted “signs of progress” within Boeing; its earnings call is scheduled for 10:00 AM ET.

General Motors Co (GM)

-0.13%

Trading lower with strong premarket volume following its Q4 2024 earnings report, with adjusted earnings of $1.92 per share and sales of $47.7 billion exceeding estimates of $1.86 and $43.606 billion, respectively. The company guided adjusted EPS between $11 and $12 for fiscal 2025, above estimates of $10.84. General Motors noted that it achieved record adjusted EBIT and free cash flow for fiscal 2024, and that its guidance does not account for the impact of any potential tariffs.

Quantum Stocks

+2.87%

Trading higher as a group following a sector-wide drop on Monday. The selloff has been largely attributed to the emergence of Chinese AI startup DeepSeek, which is purportedly able to innovate with significantly less funds than those raised and used by American AI companies. The quantum tickers, which have been extremely volatile as of late, all have short floats of at least 10%.

RGTI, QUBT, QBTS, IONQ

IMAC Holdings Inc (IMAC)

+89.38%

Gapping up after announcing the launch of its new subsidiary, Ignite Proteomics. The subsidiary aims to provide protein-level insight to aid doctors in finding the best cancer treatments for their patients. IMAC has a float of 1.08 million shares.

Smithfield Foods (SFD)

0.00%

Set to return to the market on Tuesday after being taken private in 2013. The pork company has priced its initial public offering at $20 per share, below the $23-$27 range. The IPO raised $521.7 million, with $260.9 million allocated to the company and the remainder going to its parent, WH Group. Smithfield will trade on the Nasdaq under the ticker “SFD”.