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

0830 - Current account for Q4: Expected -$208.5B; Prior -$226.4B
0830 - Import prices m/m for February: Expected 0.6%; Prior 0.2%
0830 - Export prices m/m for February: Expected 0.5%; Prior 0.6%
1610 - Fed’s Miran speaks

Arm Holdings PLC (ARM)

+13.00%

Gapping up after unveiling its first in-house data center chip, the AGI CPU, during its Arm Everywhere event on Tuesday afternoon. The reveal mars a major strategic shift for Arm as it moves into direct competition with its own customers. Meta Platforms is the first adopter, leveraging the chip to expand its AI data center footprint and diversify its supply chain amid massive capital spending. Arm CEO Rene Haas also indicated to Bloomberg that the company expects annual revenue from its chip business to hit $15 billion over the next five years.

Tesla and Space Stocks

+2.96%

Trading higher as a group after The Information reported that SpaceX is preparing to file for an IPO as soon as this week or next, with expectations it could raise over $75 billion in one of the largest listings ever. The potential debut, led by Elon Musk, is fueling investor excitement across the space sector and could draw significant retail and institutional capital into aerospace and orbital infrastructure plays.

TSLA, DXYZ, RKLB, ASTS, SATS

Oil Stocks

-3.43%

Trading lower as a group after President Donald Trump indicated that the US and Iran are actively negotiating to end tensions in the Middle East. Trump claimed that Iran would be interested in striking a peace agreement, though this contradicts a variety of statements made by Iranian leaders. On Tuesday, the New York Times reported that a 15-point plan to end the war had been sent by the US to Iran.

USO, OXY, XOM, CVX, DVN, COP, TPET, BATL, EONR

Chewy Inc (CHWY)

+11.51%

Gapping up after its Q4 2025 earnings report. Net sales of $3.26 billion grew by 0.5% year-over-year, while earnings of $0.09 per share improved from $0.06 in Q4 2024. The company’s quarterly gross margin was reported at 29.4%, expanding by 90 basis points on a year-over-year basis. Chewy’s net sales for fiscal 2025 came in at $12.6 billion, representing 6.2% year-over-year growth.

Intel and Advanced Micro Devices

+3.12%

On watch as a pair after Nikkei Asia reported that both companies have raised CPU prices again in March, bringing total increases in 2026 to roughly 10%–15%. At the same time, lead times have stretched from 1–2 weeks to as long as six months, signaling a worsening global CPU shortage.

INTC, AMD

Robinhood Markets Inc (HOOD)

+4.10%

Trading sharply higher premarket after announcing the approval of a new $1.5 billion share buyback program. The company also upsized its revolving credit facility to $3.25 billion, giving it a capacity of up to $4.875 billion.

Palantir Technologies Inc (PLTR)

+1.90%

The Wall Street Journal reported that the company is collaborating with Anduril Industries on software for the US “Golden Dome” missile defense initiative, a $185 billion project aimed at building a space-based shield against advanced missile threats. The effort involves broad industry participation as firms compete to develop components of the next-generation defense system. Rosenblatt reiterated its Buy rating and $200 price target on Palantir in response to the report.

Meta Platforms Inc (META)

+0.91%

A New Mexico jury found the the company violated state consumer protection laws by misleading users about safety and enabling harmful content on its platforms, ordering the company to pay $375 million in penalties. Meta plans to appeal the verdict, which marks the first jury ruling of its kind as the company faces broader legal scrutiny over user safety and youth impact. Separately, Bloomberg reported that the company delayed the EU rollout of its new display-equipped Ray-Ban smart glasses due to supply constraints and regulatory hurdles around batteries and AI features. The product remains US-only for now, as Meta seeks an EU exemption from removable-battery requirements.

Memory Stocks

-0.22%

On watch as a group after Google Research introduced TurboQuant, a KV cache compression method that cuts LLM memory usage by at least 6× and boosts performance by up to 8× without sacrificing accuracy. The advance targets key memory bottlenecks in AI inference and vector search, with potential implications for hardware demand. Additionally, SanDisk is set to purchase 139 million shares of Nanya Technology in a purchase valued at $1 billion.

SNDK, MU, STX, WDC

PDD Holdings Inc (PDD)

-0.25%

On watch after its Q4 2025 earnings report. The company posted net income of 24.5 billion yuan, representing a roughly 11% year-over-year decline. Revenue of 123.9 billion yuan narrowly missed analyst estimates of 124.4 billion yuan. The slowdown has been attributed to a decrease in consumer spending in China.

Braze Inc (BRZE)

+22.70%

Gapping up after its Q4 2026 earnings report. Revenue of $205.2 million beat estimates of $198.22 million, though earnings of $0.10 per share missed estimates of $0.14. The company guided FY 2027 revenue between $884 million and $889 million, outpacing estimates of $858 million. Braze projected earnings between $0.61 and $0.65 per share for the fiscal year, compared to estimates of $0.64. Approximately 13.4% of the stock’s float is sold short.

GameStop Corp (GME)

+0.31%

The company posted net sales of $1.104 billion for Q4 2025, representing a decline from $1.283 billion in Q4 2024. Operating income of $135.2 million, however, improved from $79.8 million in the year-ago quarter. Net sales in the company’s hardware & accessories and software segments declined on a year-over-year basis, though collectibles revenue grew from $270.6 million to $365 million. GameStop posted $3.63 billion in net sales for the fiscal year, lower than the $3.823 billion posted in FY 2024.

Cipher Mining Inc (CIFR)

+8.60%

Gapping up after signing a 15-year lease with an investment-grade hyperscale tenant to develop a new high-performance computing data center at an existing site. The company also secured a $200 million revolving credit facility, with an option to expand it by an additional $50 million. Cipher has a market capitalization of $6.03 billion and a short float of approximately 17.5%.

iTonic Holdings Ltd (ITOC)

+88.67%

Gapping up after announcing a $20 million private placement offering, which is set to close in April. The offering, disclosed via an SEC filing on Tuesday, involves the issuance of 100 million shares at $0.20 each. The stock has a market capitalization of $4.86 million and a float of 8.32 million shares.