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

1000 - Existing Home Sales for June: Expected 4.00M; Prior 4.03M
1030 - Crude Oil Inventories: Expected -1.400M; Prior -3.859M
1300 - 20 Year Bond Auction: Prior 4.942%

Tesla (TSLA)

+0.06%

Shares are mostly flat ahead of Q2 Earnings to be reported after the bell today. This coming as the EV maker posted a 21% decline in sales in California year over year. B of A recently raised its price target to $341 with the promise growing from the Robotaxi launch in Austin. Piper Sandler reiterated its bullish $500 target on the stock

Enphase Energy Inc. (ENPH)

-7.06%

Enphase Energy (ENPH) is under pressure premarket, down 6.8% after issuing weak Q3 guidance ($330M–$370M vs. $369M est.) and flagging 3–5% margin hits from tariffs. Despite beating on Q2 EPS ($0.69 vs. $0.62 est.), the stock is now off 38% YTD amid soft U.S. solar demand and uncertainty around renewable tax credits. TD Cowen cut its price target to $40 and maintained a Hold, citing minimal near-term catalysts. Traders should watch for downside momentum and sector sympathy moves, especially in residential solar names exposed to U.S. policy risk.

ENPH, SEDG, FSLR, RUN, TAN

Texas Instruments Inc (TXN)

-10.05%

Trading sharply lower after Reporting earnings and missing on Guidance. Revenues came in at $4.44 billion and EPS of $1.41, topping estimates. Revenue rose 16% year-over-year and 9% from the previous quarter, driven by a broad recovery in industrial demand. The company generated $6.4 billion in operating cash flow and $1.8 billion in free cash flow over the past 12 months, while investing heavily in R&D, SG&A, and capital expenditures. Despite these beats Guidance or Q3 brought the stock lower as they expecs revenue between $4.45 billion and $4.8 billion and EPS between $1.36 and $1.60. lower than the $1.50 expectations.

NVDA, TSM

Autos

0.28%

Japanese stocks ripped higher overnight after Trump announced a “massive” trade deal with Japan that slashes U.S. auto tariffs from 25% to 15% and includes a pledged $550B investment into the U.S. economy. The agreement also opens Japan to more U.S. agricultural and automotive trade, with Trump touting job creation and “90% of the profits” for America. Mazda surged +17%, Toyota +11%, and the Nikkei jumped +2%, as traders reacted to relief from tariff escalation fears. PM Ishiba is expected to resign soon, adding political uncertainty to the mix. Eyes now shift to follow-up LNG and AI infrastructure deals, with traders watching U.S.-listed Japanese ADRs and related AI infrastructure plays for momentum.

Krispy Kreme Inc (DNUT)

37%

Continuing a heavy rally starting yesterday after blasting up 26.7% the prior session, The heavily shorted (26.35% short float) name gained with heavy social media attention along with other recent squeeze names like OPEN. This morning they announced along side CROX the launch of a limited Edition Classic Clogs Inspired by the Original Glazed Doughnut available august 5th.

AT&T Inc. (T)

AT&T delivered a modest Q2 beat with EPS of $0.54 vs. $0.53 est. and revenue of $30.9B vs. $30.5B est., but the stock slipped as traders expected stronger guidance following Verizon’s upbeat outlook. Full-year EPS was reiterated at $1.97–$2.07, with $16B in free cash flow still on track. While AT&T benefits from Trump-era tax savings and plans to invest $3.5B into fiber expansion, the lack of a guidance raise weighed on sentiment. Shares are up 8% YTD, outperforming peers, but today's action may hinge on investor appetite for value telecoms amid muted near-term catalysts.

T, VZ, TMUS

Alphabet Inc. (GOOGL)

-0.04%

All eyes are on Alphabet ahead of earnings, with Street forecasts at $2.18 EPS on $94B revenue (+11% YoY), driven largely by a +27% jump in Google Cloud. But traders are cautious, as AI infrastructure capex is ballooning ($18B est. this quarter), and Google Search - still 76% of revenue - is seeing only +8% growth amid rising threats from OpenAI and Perplexity. Google’s rollout of “AI Mode” and new ad formats will be key to defending margins. GOOGL is up +50% YoY, but with lofty expectations and rising costs, a miss on Cloud or Search could trigger sharp downside. High volatility setup into the print.

GOOGL, META, SNAP, AMZN, MSFT

Abivax SA (ABVX)

455%

Abivax shares are surging after the company reported strong topline results from two Phase 3 trials of its oral treatment, obefazimod, for ulcerative colitis. The drug showed impressive efficacy, marking a major step forward for patients with this chronic inflammatory condition. While the short float is only 2.9% the float is only 51 Million shares.