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

0830 - PPI y/y for February: Expected 3.3%; Prior 3.5%
0830 - PPI m/m for February: Expected 0.3%; Prior 0.4%
0830 - Core PPI y/y for February: Expected 3.5%; Prior 3.6%
0830 - Core PPI m/m for February: Expected 0.3%; Prior 0.3%
0830 - Initial jobless claims: Expected 225k; Prior 221k

Intel Corp (INTC)

+10.89%

Gapping up after announcing that tech industry veteran Lip-Bu Tan will become CEO, effective March 18. Tan, the former CEO of Cadence Design Systems and an Intel board member until August 2024, succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus; Zinsner will remain CFO and Holthaus will continue her role as CEO of Intel Products. The announcement follows a period of uncertainty for the company and stock after the ouster of former CEO Pat Gelsinger in December 2024. Taiwan Semiconductor, which was reportedly interested in forming a joint venture to operate Intel’s factories, is trading lower after the announcement.

UiPath Inc (PATH)

-17.49%

Gapping down after its Q4 2025 earnings report. The company posted GAAP earnings of $0.09 per share, above estimates of $0.03, but sales of $424 million fell short of the expected $425.361 million. Annual recurring revenue grew by 14% on a year-over-year basis, and CEO Daniel Dines emphasized the company’s strides in AI during the fiscal year. UiPath guided Q1 2026 revenue between $330 million and $335 million, markedly below estimates of $368.086 million.

Tesla Inc (TSLA)

-0.42%

In an analyst note released on Wednesday but circulated heavily premarket, JPMorgan predicted that the company will report its weakest car deliveries since 2022. The analyst cut their Q1 deliveries forecast by 20% to 355,000—well below the consensus of 430,000. JPMorgan attributes the expected decline to CEO Elon Musk’s political involvement, European sales struggles, and potential regulatory shifts under a Trump administration. Separately, Reuters reported that the company is collaborating with Baidu to enhance its advanced driving assistance system (ADAS) in China after a recent update faced customer criticism.

Palantir Technologies Inc (PLTR)

-0.82%

On watch ahead of its sixth AIPCon, which will be live streamed on Thursday, March 13. The company previously announced that the conference will include the unveiling of new customers like Heineken and Walgreens, as well as feature presentations from its existing Warp Speed customers. Additionally, “Pharma Bro” Martin Shkreli questioned but ultimately defended the company’s growth projections. He highlighted potential market expansion through Palantir’s pricing model and product diversification but acknowledged competition from Snowflake, Databricks, and AI startups.

Apple Inc (AAPL)

-0.49%

Poised for its fourth straight red day. The drop on Wednesday followed a price target cut from $275 to $252 by Morgan Stanley, attributed to a lack of compelling AI features and potential tariff headwinds impacting iPhone sales. The analyst also lowered its iPhone shipment forecasts for 2025 and 2026, noting that the delayed rollout of an upgraded Siri could slow upgrade rates.

Alibaba Group Holding Ltd (BABA)

-1.69%

Trading lower premarket, mirroring a 2.45% drop in overnight trading in China. On Wednesday, the company launched the open-source AI model R1-Omni, capable of reading human emotions, as it intensifies competition with OpenAI. Chairman Joe Tsai recently commented that he remains bullish on AI’s $10 trillion potential amid Alibaba’s $53 billion investment in cloud and AI infrastructure.

SentinelOne Inc (S)

-13.21%

Gapping down after reporting earnings for fiscal Q4 2025. Adjusted earnings of $0.04 per share and sales of $225.5 million exceeded expectations of $0.01 and $222.25 million, respectively. Revenue grew by 29% year-over-year, with annualized recurring revenue growing by 27%. For Q1 2026, the company guided $228 million in revenue, below estimates of $235.177 million; SentinelOne’s revenue guide for fiscal 2026 also missed estimates.

Dollar General Corp (DG)

+5.21%

Gapping up after its Q4 2024 earnings report. GAAP earnings of $0.87 per share came in well below estimates of $1.51, but sales of $10.304 billion beat estimates of $10.264 billion. The company guided adjusted earnings between $5.10 and $5.80 per share for fiscal 2025, below estimates of $5.89. Dollar General guided net sales growth between 3.4% and 4.4% and same-store sales growth between 1.2% and 2.2% for the same period.

Quantum Stocks

+3.56%

Trading sharply higher as a group after D-Wave Quantum’s Q4 2025 earnings report. The company reported losses of $0.08 per share, narrowly missing the expected $0.07-per-share loss, with sales of $2.309 million similarly missing estimates of $2.36 million. Bookings grew by over 500% year-over-year to reach $18.3 million in Q4. D-Wave guided Q1 2025 revenue of at least $10 million, compared to estimates of $2.61 million.

QBTS, RGTI, IONQ, QUBT

Adobe Inc (ADBE)

-5.20%

Gapping down after its Q1 2025 earnings report. Adjusted earnings of $5.08 per share and sales of $5.714 billion beat estimates of $4.97 and $5.657 billion, respectively. The company guided Q2 adjusted earnings between $4.95 and $5 per share versus estimates of $5.00, with its revenue guide of $5.77 billion to $5.82 billion missing estimates of $5.796 billion. Adobe reaffirmed its guidance for fiscal 2025.

American Eagle Outfitters Inc (AEO)

-9.17%

For fiscal Q4 2024, the company posted in-line GAAP earnings of $0.54 per share and stronger-than-expected sales of $1.605 billion. American Eagle guided a Q1 revenue decline in the mid-single digits and decline in the low-single digits for fiscal 2025; they expect gross margin to drop on a year-over-year basis for both the quarter and the year.

CervoMed Inc (CRVO)

+16.54%

Gapping up after Chardan Capital upgraded the stock to a Buy rating with a $14 price target. CervoMed rallied on Wednesday following the release of positive Phase 2b trial results on Monday and two price target increases on Tuesday. The stock has a float of 5.35 million shares, approximately 16.9% of which are sold short.