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

0830 - Retail inventories ex autos for December: Prior 0.5%
0830 - Wholesale inventories m/m for December: Expected 0.2%; Prior -0.2%
0830 - Advanced goods trade balance for December: Expected -$105.5B Prior -$103.5B
1400 - US interest rate decision: Expected 4.5%; Prior 4.5%
1400 - FOMC rate statement
1400 - FOMC press conference w/ Chair Powell

Tesla Inc (TSLA)

-0.19%

On watch ahead of its hotly-anticipated earnings report, scheduled after the bell on January 29. Analysts expected the company to post earnings of $0.75 per share on revenue of $27.61 billion. On Wednesday morning, the company announced a breakthrough in its Full Self-Driving (FSD) technology, revealing that its vehicles can now autonomously navigate from the factory to loading dock lanes without human involvement. Elon Musk called this the beginning of "unsupervised full self-driving," marking a step toward large-scale automation.

Semiconductors

+1.23%

Trading higher as a group following a stronger-than-expected report from ASML. The company reported GAAP earnings of 6.84 euros per share, beating estimates of 6.71 euros, and sales of 9.263 billion euros, above expectations of 9.013 billion euros. ASML guided Q1 2025 net sales above estimates, though the lower end of its FY 2025 sales guidance fell below expectations. Semiconductor earnings and guidance are being closely watched amid the recent furor surrounding Chinese AI startup DeepSeek, with investors and analysts looking for evidence of continued demand.

ASML, NVDA, AMD, TSM, ARM, SMCI, INTC, AVGO, MU, MRVL, QCOM

Apple Inc (AAPL)

-1.24%

Trading lower premarket after being downgraded from Outperform to Perform by Oppenheimer just one day before its post-market earnings report on Thursday, January 30. The analyst attributed the downgrade to weak iPhone sales projections and stronger competition in China. Oppenheimer also noted a lack of compelling AI-driven upgrades to drive device replacements, making it difficult for Apple to outperform at its current valuation.

Alibaba Group Holding Ltd (BABA)

+3.03%

Trading sharply higher premarket following the release of its Qwen 2.5-Max AI model, announced late on Tuesday afternoon. The company claims it outperforms DeepSeek-V3, GPT-4o, and Llama-3.1-405B, and promised that its next rendition of Qwen will be “much better”. The timing of the release, coinciding with Lunar New Year, underscores the pressure DeepSeek's rapid rise has placed on both domestic and international AI rivals.

Starbucks Corp (SBUX)

+2.27%

Trading higher premarket following its Q1 2025 earnings report, with GAAP earnings of $0.69 per share and sales of $9.398 billion beating estimates of $0.66 and $9.316 billion, respectively. Despite the double beat, the company reported a 4% year-over-year decline in comparable store sales and a 6% decline in comparable transactions, with the latter metric falling by at least 4% in all of the company’s regional segments. However, Starbucks reported a 3% increase in average ticker prices, with active loyalty memberships increasing both annually and sequentially.

Microsoft Corp and Meta Platforms

+0.34%

Both companies are on watch ahead of their respective earnings reports, scheduled after the bell on Wednesday, January 29. Analysts are looking for Microsoft to post earnings of $3.11 per share and revenue of $68.75 billion, while Meta is expected to report earnings of $6.68 per share and $46.98 billion in revenue. Meta has made new all-time highs during the last two trading sessions. Separately, Microsoft-backed OpenAI has accused Chinese AI startup DeepSeek of allegedly using its proprietary models for unauthorized training, citing security researchers who detected suspicious data extraction through its API last fall.

MSFT, META

Amazon.com Inc (AMZN)

+0.95%

Trading higher premarket ahead of a significant earnings day for megacap tech companies, with Tesla, Meta, and Microsoft all slated to report after the bell. Cathie Wood’s Ark Invest purchased 41,338 of the company’s shares after the bell on Tuesday, valued at roughly $9.8 million; Ark Invest purchased an additional $1.76 million of Amazon shares on Monday. Amazon is scheduled to report earnings after the bell on Thursday, February 6.

T-Mobile US Inc (TMUS)

+7.71%

Gapping up following its Q4 2024 earnings report. The company reported GAAP earnings of $2.57 per share and sales of $21.872 billion, beating estimates of $2.26 and $21.31 billion, respectively. T-Mobile reported 903,000 additional postpaid phone net customers for the quarter, above Street estimates of $864,539. The company also guided FY 2025 postpaid net customer additions between 5.5 million and 6 million, above estimates of 5.23 million and marking the company’s best-ever guidance for this metric.

Silexion Therapeutics Corp (SLXN)

+61.48%

Gapping up after receiving increased attention from retail investors on Tuesday, when it rallied after reporting strong preclinical data for its tumor reduction treatment. The stock has a float of approximately 219,740 shares.

60 Degrees Pharmaceuticals Inc (SXTP)

+68.66%

Gapping up after announcing that the Investigational Review Board has granted the company approval for an open-label study of its chronic babesiosis treatment on Tuesday morning. The stock has a market capitalization of $2.99 million and a float of 1.5 million shares, approximately 8.42% of which are sold short.