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

0830 - Trade balance for October: Expected -$58.5B; Prior -$52.8
0830 - Initial jobless claims: Expected 212.4k; Prior 199k
1000 - Wholesale inventories m/m (revised) for October: Expected 0.2%; Prior 0.5%
1100 - NY Fed inflation expectations for December: Prior 3.2%
1500 - Consumer credit for November: Expected $10.146B; Prior $9.18B

Alphabet Inc (GOOGL)

+0.83%

Cantor Fitzgerald upgraded the stock to Overweight from Neutral and raised its price target to $370, citing Google’s strong 2025 performance driven by Gemini AI success, accelerating AI deployment in search, and reduced antitrust risk. The analyst views Google as a top AI beneficiary with unmatched scale across infrastructure, compute, models, and applications, and believes revenue growth acceleration could further lift shares. On Wednesday, the company’s market capitalization surpassed that of Apple for the first time since 2019.

NVIDIA Corp (NVDA)

+0.43%

Reuters reported that China is preparing to approve limited imports of the company’s H200 chips as early as this quarter for select commercial uses. China will reportedly continue to bar sales to military, sensitive government, critical infrastructure, and state-owned entities. The report also indicates that Nvidia is requiring Chinese customers to make full upfront payments.

Crypto Stocks

-1.18%

Trading lower as a group in tandem with continued weakness in Bitcoin, which is poised for its second consecutive red session. The cryptocurrency broke below the $90,000 level on Thursday morning, with several outlets reporting that roughly $150 million in leveraged long crypto positions were liquidated during the drop.

IBIT, ETHE, COIN, MSTR, MARA, BMNR, CRCL, RIOT, HIVE, HUT, CLSK

Meta Platforms Inc (META)

-0.52%

China’s commerce ministry said it will assess and investigate the company’s acquisition of AI startup Manus to ensure compliance with Chinese laws on foreign investment, technology exports, and data transfers. The review will be conducted in coordination with other government departments, according to the ministry. Financial Times first reported this investigation earlier in the week.

Apple Inc (AAPL)

-1.18%

India’s antitrust watchdog told a court that a law calculating fines based on global turnover is meant to deter multinational companies from breaches, countering the company’s challenge to the 2024 measure. Apple is seeking to strike down the law, which could potentially expose it to fines of up to $38 billion over alleged App Store abuses. The Competition Commission of India says the law aligns with international practices.

Applied Digital Corp (APLD)

+5.41%

Trading sharply higher premarket following its Q2 2026 earnings report. Sales of $126.589 million exceeded expectations of $89.757 million, while earnings of $0 per share beat expectations of a $0.10-per-share loss. The company’s Data Center Hosting Business revenue segment grew by 15% on a year-over-year basis.

Defense Companies

+5.05%

Gapping up as a group after President Trump called for boosting the 2027 military budget to $1.5 trillion. Hours earlier, Trump criticized defense contractors for prioritizing buybacks over investment and warned RTX’s Raytheon that it could lose contracts if performance and capital spending do not improve.

LMT, RTX. NOC

Tesla Inc (TSLA)

-0.76%

Trading marginally lower premarket after autonomous driving rival Waymo unveiled its new “Ojai” robotaxi minivan at CES 2026, built with Zeekr and featuring its sixth-generation hardware stack. Testing is underway across several U.S. cities, with public rides expected to begin this year. The reveal comes as Waymo explores international expansion into London, seeks more than $10 billion in new funding at a $100+ billion valuation, and builds on its lead after completing over 14 million paid robotaxi rides last year.

Opendoor Technologies Inc (OPEN)

+0.98%

Attempting to rebound after closing more than 11% lower on Wednesday. The drop followed President Donald Trump’s announcement of plans to ban large institutional investors from buying single-family homes, which will include pushing Congress to codify the policy. Opendoor CEO Kaz Nejatian addressed the issue on social media, writing that the company is happy to see that Trump is “committed to helping average homeowners”.

Microsoft Corp (MSFT)

-0.63%

A US judge ruled that Elon Musk’s lawsuit against OpenAI, in which Microsoft is named as a co-defendant, will proceed to a jury trial in March. The case centers on whether OpenAI violated founding commitments, with Musk alleging misuse of his early funding. OpenAI and Microsoft have denied the claims and called the suit baseless.

Ford Motor Co (F)

+0.44%

The company announced plans to introduce Level 3 driver-assistance systems by 2028, enabling hands- and eyes-off driving on certain highways, initially on its new electric vehicle platform. The first model, a midsize EV truck launching in 2027 at a targeted $30,000, will showcase advanced software systems and will later expand to other Ford vehicles.

Soho House & Co Inc (SHCO)

-9.70%

Gapping down after announcing that hotel operator MCR told private equity firm Yucaipa that it will not be able to provide full funding for its $9-per-share merger equity agreement. Soho House noted that it is working with Yucaipa to find other funding ahead of a shareholder vote scheduled for January 9, 2026.

Aclarion Inc (ACON)

+47.13%

Gapping up after providing a 2025 update and a corporate outlook for 2026. Aclarion announced a 114% year-over-year increase in nociscan volumes for Q4 2025, with annual nociscan volumes growing by 69 year-over-year. The company also outlined plans to have roughly 25% of its CLARITY trial patients enrolled through H1 2026.