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

0830 - Trade balance for April: Expected -$66B; Prior -$140.5B
0830 - Initial jobless claims: Expected 235k; Prior 240k
1200 - Fed’s Kugler speaks
1330 - Fed’s Harker and Fed’s Schmid speak

Broadcom Inc (AVGO)

+1.23%

On watch ahead of its earnings report, slated to be released after the bell on Thursday, June 5. Analysts are looking for the company to post earnings of $1.58 per share and revenue of $14.92 billion. Broadcom is trading near all-time highs and has benefitted from recent strength in semiconductor stocks.

Amazon.com Inc (AMZN)

+0.69%

The Information reported that the company is developing AI software for humanoid robots that could eventually replace delivery workers. The report further states that Amazon is building an indoor obstacle course—dubbed a "humanoid park"—in San Francisco to begin testing. While Amazon reportedly plans to use third-party hardware initially, it aims to integrate AI across its logistics operations, including warehouses and delivery services, to boost efficiency.

MongoDB Inc (MDB)

+17.46%

Gapping up after its Q1 2026 earnings report, with adjusted earnings of $1.00 per share and sales of $549.01 million beating estimates of $0.66 and $528.22 million, respectively. MongoDB raised its FY26 earnings guide to a range between $2.94 and $3.12 per share, well above estimates of $2.60; its sales guide for the year was also raised and is in-line with analyst estimates. The company’s EPS guide for Q2 is above expectations and its sales guide is in-line. Additionally, the company announced that its board authorized an additional $800 million, in share repurchases, bringing its total authorization to $1 billion.

Circle Internet Group (CRCL)

0.00%

The Stablecoin issuer is set to make its public trading debut on the New York Stock Exchange on Thursday, June 5. Circle’s IPO has been priced at $31 per share, valuing the company at $6.8 billion and outpacing the expected range of $27 to $28 per share. The company is offering 34 million shares; they were seeking to offer only 24 million shares as recently as late May 2025 and increased their share offering from 32 million as of Wednesday evening.

Tesla Inc (TSLA)

-2.54%

Continuing to trade lower premarket after dropping by 3.55% on Wednesday. The company has asked a federal judge to block the release of certain vehicle crash data held by the NHTSA, arguing that disclosing the information could harm its competitive position by revealing proprietary technology details. The request is in response to a lawsuit from The Washington Post, which seeks more transparency around crashes involving driver-assistance systems; this includes information withheld by the NHTSA.

Apple Inc (AAPL)

-0.31%

The company was unable to convince a U.S. appeals court to pause a judge's order requiring it to open its App Store to more competition. The matter is part of an ongoing antitrust case brought by Fortnite maker Epic Games. The 9th Circuit rejected Apple’s request to delay the provisions. Apple expressed disappointment while vowing to continue its legal fight during the appeals process.

CoreWeave (CRWV)

-4.08%

Pulling back following a notable rally that has seen the stock rise by over 46% so far this week. This recent upside push was driven in part by the announcement of its AI data center deal with Applied Digital (APLD). CoreWeave made its trading debut via IPO in late March 2025.

Meta Platforms Inc (META)

+0.28%

On Wednesday afternoon, the Wall Street Journal reported that the company is securing exclusive immersive content from major studios like Disney and A24 to support the 2025 launch of its new premium VR headset. The product, codenamed "Loma," aims to compete with Apple’s Vision Pro at a sub-$1,000 price point. Unlike Apple, Meta is reportedly offering multimillion-dollar deals for popular IP-based content, hoping to attract users with both higher-fidelity hardware and compelling media.

Palantir Technologies Inc (PLTR)

-0.88%

Cathie Wood’s Ark Invest sold 40,035 Palantir shares through its ARK Innovation ETF (ARKK) on Wednesday evening. The trade, valued at approximately $5.2 million, followed a losing session for Palantir. The stock has been on watch since a New York Times reported last week suggested that the company is involved in a surveillance program with the US administration. Separately, Palantir and Bolt announced a partnership on Thursday morning to create AI-powered, personalized checkout experiences that use shopper data to streamline online purchases.

Micron Technology Inc (MU)

+1.55%

Trading higher with notable premarket volume. On Wednesday afternoon, Mizuho raised its price target for the stock from $124 to $130 while maintaining an Outperform rating, citing strong momentum ahead of its June 25 earnings report and bullish expectations for growth in the High Bandwidth Memory (HBM) market. Micron announced on Wednesday morning that it has started shipping qualification samples of its new LPDDR5X memory, built on its advanced 1-gamma node to support high-speed, low-power AI functions in mobile devices.

Robinhood Markets Inc (HOOD)

+0.98%

On watch after publishing “early color” related to its operating data from May 2025 ahead of a presentation from its chief brokerage officer at 10 AM ET. The company announced that total platform assets have exceeded $250 billion as of the end of last month, an all-time high. Equity notional trading volumes and options contracts traded also reached all-time highs, increasing by over 10% and over 5%, respectively. Robinhood reported net deposits of approximately $28 billion year-to-date, up 40% year-over-year.

Liminatus Pharma Inc (LIMN)

+99.84%

On Wednesday evening, the company announced that it has regained Nasdaq compliance. The stock has a float of 7.45 million shares and rallied into Wednesday’s close ahead of the announcement.