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

Space Exploration Technologies Corp (SPCX)

+2.38%

The company is set to begin trading as part of the Nasdaq-100 as of the open on Tuesday, July 7. The addition will take effect less than one month after SpaceX’s IPO on June 12. JPMorgan estimates the inclusion could drive roughly $4.3 billion in passive inflows from index-tracking funds.

Comcast Corp (CMCSA)

+20.98%

Gapping up after announcing plans to complete a tax-free spin-off of NBCUniversal and Sky into a separate publicly traded company. The transaction is expected to close in about one year. The new company will include Universal Studios, NBC, Telemundo, Peacock, Bravo, the theme parks business, and Sky, creating a standalone global media and entertainment company.

Palantir Technologies and NVIDIA Corp

+1.66%

The companies announced a joint initiative to deploy Nvidia’s Nemotron open AI models in sovereign environments for US government and critical infrastructure customers. The system integrates Nvidia AI with Palantir’s AIP, Foundry, Ontology, and Apollo platforms, enabling agencies to build and deploy AI while maintaining full control over data, intellectual property, and model systems. Palantir was trading 3.5% higher as of 7:45 AM ET on Monday, while Nvidia was trading 1% higher.

PLTR, NVDA

Amazon.com Inc (AMZN)

+1.19%

On watch following the conclusion of its Prime Day event, which ran from Tuesday, June 23 to Friday, June 26, According to data from Adobe Analytics, US online spending across all retailers reached $26.4 billion during Amazon Prime Day, exceeding Adobe's $26.3 billion forecast and rising 9.3% year over year. Buy now, pay later reportedly accounted for 6.6% of orders. Despite the strong industrywide sales, Numerator found that average household spending on Amazon declined 8.3% from a year earlier to $143.

Rocket Lab Corp (RKLB)

+6.93%

The company has agreed to acquire Iridium Communications in a cash-and-stock deal valued at about $8 billion, paying $54 per share. The merger would combine Rocket Lab’s launch and satellite manufacturing capabilities with Iridium’s global communications network to create a vertically integrated space company with end-to-end control of satellite services.

Apple Inc (AAPL)

-0.05%

The Financial Times reported that the company is lobbying the Trump administration for permission to source memory chips from Chinese manufacturer CXMT, despite the company being on the Pentagon's Chinese Military Company blacklist. Even if approval is granted, the impact may be limited because CXMT's production capacity is reportedly constrained and largely committed to meeting domestic Chinese demand. Supply chain analyst Ming-Chi Kuo added more color to the report, saying that the likelihood of memory supply issues continuing through 2027 is the “real reason” for the move. Kuo also attributed the timing of Apple’s push to the end of Tim Cook’s tenure as CEO, given Cook’s ability to “navigate both Washington and Beijing”.

Google Inc (GOOGL)

+1.04%

The company has restricted Meta’s use of its Gemini AI models after Meta requested more computing capacity than Google could supply, according to the Financial Times. The shortfall, first communicated around March, has delayed some of Meta’s internal AI projects. Other Google customers have also been affected to a lesser extent.

Oil and Energy Stocks

+0.73%

On watch as a group following renewed tensions between the US and Iran over the weekend. In response to Iranian strikes in the Strait of Hormuz, the US struck military targets in Iran. Outlets including CNBC and Axios reported as of Sunday that the parties are set to continue negotiations on the previously-signed MOU related to the conflict. Early on Monday morning, US President Trump shared a pair of Truth Social posts about decreases in oil and gas prices. Trump also indicated on Monday that a meeting will take place between the US and Iran in Doha, Qatar on Tuesday, at Iran’s request.

USO, CVX, XOM, COP, DVN, OXY

Meta Platforms Inc (META)

+1.50%

On Friday, the New York Times reported that Meta CEO Mark Zuckerberg has encouraged executives to explore partnerships with prediction markets Polymarket and Kalshi while Meta develops its own competing app. Meta’s upcoming “Arena” app is expected to differ from other prediction markets platforms by using non-cash, game-like points instead of the real-money betting used by its rivals.

Oracle Corp (ORCL)

+3.61%

Trading sharply higher premarket after dropping by 19% last week, the company’s worst single-week performance since 2001. The decline came amid investor concerns about rising debt and uncertainty over the returns from its large artificial intelligence investments.

Tesla Inc (TSLA)

+0.86%

Trading marginally higher premarket. On Saturday, the National Highway Traffic Safety Association (NHTSA) announced that it has closed its investigation into Tesla vehicles over power steering loss after the company issued a related recall last year. The probe covered about 376,241 Model 3 and Model Y vehicles from the 2023 model year. Tesla’s earlier recall addressing a power steering assist failure that could make low-speed steering more difficult and increase crash risk.

Quantinuum Inc (QNT)

+3.61%

Trading sharply higher premarket after Bernstein initiated coverage of the stock with an Outperform rating and a $94 price target. The firm attributed the rating to Quantinuum’s leadership as a full-stack quantum computing company with proven execution, an integrated software platform, and a credible roadmap toward commercially valuable quantum systems. Bernstein believes Quantinuum's planned launch of a roughly 100-logical-qubit system next year and a more powerful platform by 2029 offers attractive long-term upside, despite the risks associated with the still-immature quantum computing industry.

Charter Communications Inc (CHTR)

+19.82%

Charter is gapping up in sympathy with Comcast after the latter company announced that it will be spinning off NBC Universal and Sky into a new public company. Separately, Bloomberg reported on Friday that SpaceX and Charter have held executive-level talks about a potential partnership to launch a US consumer mobile phone offering. Under the proposed arrangement, Charter could route some SpaceX Starlink mobile traffic through its ground-based infrastructure as SpaceX moves toward launching a consumer mobile service that could compete with major carriers like Verizon, AT&T, and T-Mobile.

Pfizer Inc (PFE)

-0.04%

GLP-1 treatments, including Pfizer’s ecnoglutide and Innovent Biologics’ mazdutide, have passed preliminary review for potential inclusion in China’s national medical insurance drug catalogue, according to the National Healthcare Security Administration. If approved, the GLP-1 obesity and diabetes treatments could become more affordable and join similar drugs from companies like Novo Nordisk and Eli Lilly already covered under the state insurance system.

Fuelcell Energy Inc (FCEL)

+9.58%

Gapping up after B. Riley upgraded the stock to Buy from Neutral and raised its price target to $32 from $13, citing a new agreement for up to 380 MW of power deployment for data centers. The deal with Fit Energy USA includes an initial 30 MW rollout starting later this year and strengthens confidence in FuelCell’s ability to secure large-scale AI and data center customers, prompting higher estimates.

NN Inc (NNBR)

+75.72%

Gapping up after announcing that its Data Center and Electric Grid business has rapidly expanded to become its second-largest segment, with ambitions to make it the company’s largest. The company secured additional 2026 awards for liquid cooling components used in NVIDIA AI data center racks, has already fully pre-sold capacity from 52 dedicated machines, and continues expanding production and global sourcing for further growth.