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

Tesla Inc (TSLA)

-6.74%

Gapping down after CEO Elon Musk Tesla announced plans to form a new political party, the "America Party," in response to the signing of the “Big, Beautiful Bill”. The bill, backed by US President and former Musk ally Donald Trump, eliminates key EV incentives and threatens Tesla’s revenue from ZEV credits. The political move, along with Musk’s public clash with Trump and investor concerns over his shifting focus, has further rattled confidence in the stock.

Big Tech

-0.14%

On watch as a group after US officials clarified that new tariffs will take effect on August 1 instead of July 9. US Commerce Secretary Howard Lutnick commented that the administration is “setting the rates, and the deals” ahead of the August 1 tariff implementation date, and Treasury Secretary Scott Bessent similarly noted that Liberation Day tariffs will go into effect on August 1. Uncertainty over trade policy deepened as President Donald Trump also threatened an additional 10% tariff on countries aligned with BRICS.

META, MSFT, AMZN, PLTR

Semiconductors

-1.03%

Bloomberg reported that the US government is considering new export restrictions on AI chips, including those from Nvidia, to Malaysia and Thailand to prevent China from acquiring advanced semiconductors through indirect channels. This proposed rule is part of a broader strategy to tighten controls on sensitive technology amid concerns that American-made chips could still benefit Chinese AI firms through overseas data centers. Separately, Truist maintained a Hold rating and $111 price target on AMD, citing ongoing debate over whether AMD’s Datacenter GPU sales reflect genuine tech preference or efforts to pressure Nvidia on pricing.

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

Webull Corp (BULL)

-8.04%

Gapping down after announcing a $1 billion standby equity purchase agreement with Yorkville Advisors, allowing it to issue Class A shares at a 2.5% discount over the next three years. Webull plans to use the funding for growth initiatives like product and geographic expansion.

Apple Inc (AAPL)

-0.52%

The company has appealed a €500 million fine from EU regulators to Europe's second-highest court, challenging accusations it violated rules meant to limit Big Tech's dominance. The company argues the European Commission is unfairly dictating App Store operations and imposing harmful terms for developers and users, stating it only complied to avoid daily fines. Separately, Apple received optimistic coverage from Bank of America late last week. The analyst noted that Apple’s App Store revenue in June and fiscal Q3 suggest a possible comeback in that segment of the business.

Crypto Stocks

-0.43%

On watch as a group as Bitcoin continues to consolidate near all-time highs. Funds related to digital assets recorded their twelfth straight week of inflows last week, reaching $1.04 billion for the week. Bitcoin is trading just below $109,000 as of Monday at 7:40 AM ET but reached highs of $110,500 on Thursday, less than $2,000 away from its all-time high around $112,000.

Alphabet Inc (GOOGL)

-0.59%

On watch after a group of independent EU publishers filed an antitrust complaint against the company, accusing it of misusing their content in its AI Overviews feature. The complainants argue that this misuse harms traffic, readership, and revenue by replacing traditional search links with AI-generated summaries. The complaint also criticizes Google for not allowing publishers to opt out of AI Overviews without disappearing from search results.

Circle Internet Group Inc (CRCL)

+2.04%

Trading higher premarket with notable volume. The stock traded in a range for the majority of the previous trading week following an almost-25% decline in the final week of June. Circle has seen a great deal of volatility and investor attention since its initial public offering on June 5, opening around $69 and making all-time highs near $300 just weeks later.

Hims & Hers Health Inc (HIMS)

-1.88%

Morgan Stanley maintained a Hold rating and $40 price target on the stock, citing legal and regulatory uncertainties surrounding the company's 503A compounding of GLP-1 medications. The recent end of its partnership with Novo and ongoing lawsuits contribute to a cautious outlook; the analyst noted that resolution may take years and carries complex, unresolved risks.

Small-Cap Crypto Stocks

+8.04%

Several smaller-cap stocks in the crypto space, or with crypto-related catalysts, are trading sharply higher premarket. Bit Digital (BTBT) is gapping up news that Brock J. Pierce, noe of the company’s directors, purchased 500,000 shares at $2 each for a total value of $1 million. Iren, meanwhile, is trading higher after June revenue reached a record, bringing in $65.5 million from Bitcoin mining. Both SharpLink Gaming (SBET) and BitMine Immersion Technologies (BMNR) have been on watch as of late after announcing Ethereum treasuries; SBET is gapping up on Monday morning, while BMNR is trading lower.

BTBT, IREN, SBET, BMNR

Saverone 2014 Ltd (SVRE)

+52.11%

Gapping up on no apparent news catalyst. The stock has a market capitalization of approximately $1.32 million.