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

1400 - US interest rate decision: Expected 3.75%; Prior 3.75%
1430 - FOMC press conference w/ Fed Chair Powell

NVIDIA Corp (NVDA)

+1.62%

Trading higher premarket after Reuters reported that China has approved the first batch of the company’s H200 AI chips for import, granting initial clearances to a small group of major Chinese internet companies during CEO Jensen Huang’s recent visit. The move eases a key US–China flashpoint, potentially curbing black-market premiums. Approval criteria remain unclear amid strong demand for the chips in China.

Microsoft, Tesla, and Meta Platforms

+0.16%

All three companies are scheduled to report quarterly earnings after the bell on Wednesday, January 28. Analysts are looking for Microsoft, which is expected to release its report at 4:00 PM, to post earnings of $3.88 per share and revenue of $80.16 billion. Tesla is expected to report EPS of $0.45 and sales of $25.02 billion, while Meta is expected to post EPS of $8.21 and $58.40 billion in sales; both reports are slated to be released at 4:05 PM.

MSFT, TSLA, META

ASML Holding NV (ASML)

+6.15%

Gapping up after its Q4 2025 earnings report. The company posted earnings of $8.61 per share, below estimates of $9.01, though sales of $11.403 billion beat estimates of $11.11 billion. The company guided sales between $39.51 billion and $45.402 billion for FY 2026, compared to estimates of $40.98 billion. For Q1 2026, ASML expects sales to fall between $9.81 billion and $10.65 billion with a gross margin of 51%-53%.

Amazon.com Inc (AMZN)

+0.58%

The company announced about 16,000 additional job cuts as part of ongoing organizational changes aimed at reducing layers and bureaucracy, with affected employees offered time to seek internal roles or receive severance and benefits. Employees were reportedly notified in error on Tuesday, ahead of the official announcement, via an email sent to certain members of the company’s cloud unit. The move follows 14,000 corporate layoffs announced in October, bringing total planned cuts to roughly 30,000, or about 1% of Amazon’s global workforce.

C3.ai Inc (AI)

+15.40%

Gapping up after The Information reported that the company is in talks to merge with Automation Anywhere. The reported deal would see Automation Anywhere acquire C3.ai and go public. Previous reported from Reuters suggests that the company had been exploring strategic options, including a potential sale.

Starbucks Corp (SBUX)

+2.38%

The company posted consolidated net revenues of $9.9 billion for Q1 2026, representing 6% year-over-year growth and exceeding estimates of $9.63 billion. Adjusted earnings of $0.56 per share missed estimates of $0.59. Same-store sales grew by 4% amid a 3% increase in comparable transactions.

AT&T Inc (T)

+3.30%

Trading higher premarket following its Q4 2025 earnings report, with adjusted earnings of $0.52 per share and sales of $33.466 billion beating estimates of $0.46 and $32.867 billion, respectively. The company projected adjusted earnings between $2.25 and $2.35 per share for FY 2026, above estimates of $2.21.

Corning Inc (GLW)

-5.31%

Trading sharply lower premarket following its earnings report. Adjusted earnings of $0.72 per share and sales of $4.412 billion beat estimates of $0.70 and $4.352 billion, respectively. The company guided Q1 2026 sales between $4.2 billion and $4.3 billion, compared to estimates of $4.234 billion; the midpoint of its adjusted EPS guide for the same period exceeded estimates. Corning’s stock rallied on Tuesday after the company announced a data center deal with Meta valued at up to $6 billion.

Memory Stocks

+6.53%

Trading higher as a group following a stronger-than-expected Q2 2026 earnings report from Seagate Technology. The company posted adjusted earnings of $3.11 per share and sales of $2.825 billion, beating estimates of $2.81 and $2.734 billion, respectively. Seagate projected adjusted EPS between $3.20 and $2.60 and sales between $2.8 billion and $3 billion for Q3, beating estimates for both metrics.

STX, SNDK, MU, WDC

GE Vernova (GEV)

-1.54%

The company posted earnings of $2.79 per share for Q4 2025, below estimates of $3.18, though quarterly sales of $10.956 billion beat estimates of $10.213 billion. GE Vernova hiked its FY 2026 sales outlook from $41 billion-$42 billion to $44 billion-$45 billion, and projected $56 billion in sales for fiscal 2028.

Circle Internet Group (CRCL)

+3.23%

Trading higher premarket after Mizuho upgraded the stock to Neutral from Underperform with a $77 price target, citing USDC’s growing role on Polymarket as a new demand catalyst. The firm sees strong early-2026 Polymarket volumes potentially driving a ~25% increase in USDC market cap, though it remains cautious and keeps estimates below consensus.

Texas Instruments Inc (TXN)

+7.30%

Gapping up after its Q4 2025 earnings report. The company posted earnings of $1.27 per share and sales of $4.423 billion, missing estimates of $1.30 and $4.44 billion, respectively. Texas Instruments guided GAAP earnings between $1.22 and $1.48 per share for Q1 2026, compared to estimates of $1.26; its sales guide for the quarter came in-line with analyst estimates.

Palladyne AI Corp (PDYN)

+30.65%

Gapping up after winning an Air Force Research Laboratory contract to use its SwarmOS™ platform to integrate autonomous systems across space, air, maritime, and land under the HANGTIME program. The effort aims to enable satellites, drones, and other platforms to share intelligence and operate as a coordinated, adaptive team, expanding Palladyne’s multi-domain autonomy and ISR capabilities. Approximately 25% of the stock’s float is sold short.

Murano Global Investments Plc (MRNO)

+131.62%

Gapping up on no apparent news catalyst. The stock has a market capitalization of $107.87 million and a float of 1.35 million shares, approximately 17.4% of which are sold short.