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

0955 - Fed’s Williams speaks
1155 - Fed’s Kashkari speaks

Oil Stocks

+2.89%

On watch after Iranian state media reported the closure of the Strait of Hormuz as of approximately 3:10 PM ET on Monday. The Strait of Hormuz is a vital energy chokepoint that carries about 31% of seaborne crude flows across the globe. Oil prices surged above $79 per barrel following the escalation, after trading near $73 ahead of the joint US-Israeli strikes on Iran.

OXY, XOM, CVX, COP, DVN

Gold and Silver Plays

-4.54%

Both gold and silver are selling off sharply premarket, though silver’s selloff is outpacing that of gold. Precious metals and associated equities, typically viewed as safe haven plays in times of geopolitical uncertainty, have been on watch since the escalation of tensions in the Middle East at the end of February. Silver closed 4% lower on Monday, while gold gained more than 1% on the session.

GLD, SLV, B, AG, HL

MongoDB Inc (MDB)

-25.98%

Gapping down after its Q4 2026 earnings report. Adjusted earnings of $1.65 per share and sales of $695.072 million beat estimates of $1.45 and $667.15 million, respectively. The company provided stronger-than-expected adjusted EPS guidance and in-line sales guidance for FY 2027. Its adjusted EPS outlook for Q1 2027 missed analyst estimates, while the midpoint of its sales outlook for the quarter narrowly exceeded expectations.

NVIDIA Corp and Advanced Micro Devices

-2.72%

On watch as a pair after Bloomberg reported that US officials are weighing per-customer caps of 75,000 Nvidia H200 AI chips for Chinese firms, including comparable units from Advanced Micro Devices. This could limit the extent of Nvidia’s reentry into the Chinese market, even as total exports could reach up to 1 million units. The proposed restrictions, tied to national security concerns and pending talks between Donald Trump and Xi Jinping, would constrain major buyers like Alibaba Group and ByteDance. Separately, Morgan Stanley named Nvidia as its top semiconductor pick with an Overweight rating and $260 price target.

NVDA, AMD

Target Corp (TGT)

+4.07%

Trading higher premarket after its Q4 2025 earnings report. Sales of $30.453 billion missed estimates of $30.512 billion, but adjusted earnings of $2.44 per share beat estimates of $2.15. The company guided adjusted and GAAP EPS of greater than $1.30, compared to estimates of $1.50 and $1.53, respectively, for Q1 2026. Target guided stronger-than-expected sales for FY 2026, though the midpoint of its EPS outlook for the same period narrowly missed estimates.

Sea Ltd (SE)

-13.72%

Gapping down after its Q4 2025 earnings report. Earnings of $0.63 per share missed estimates of $0.66, while sales of $6.852 billion beat estimates of $6.45 billion. Adjusted EBITDA grew by 32% year-over-year but fell short of analyst estimates. The company expects gross merchandise volume in its Shoppee division to grow by roughly 25% in FY 2026.

SoFi Technologies Inc (SOFI)

-1.31%

A filing with the SEC on Monday afternoon revealed that CEO Anthony Noto purchased 56,000 shares valued at roughly $1 million. On Tuesday morning, the company announced a partnership with Mastercard to allow for the settlement of its SoFiUSD stablecoin across Mastercard’s payments network.

Best Buy Co Inc (BBY)

+12.50%

Gapping up after its Q4 2026 earnings report. Adjusted earnings of $2.61 per share beat estimates of $2.47, while sales of $13.814 billion missed estimates of $13.877 billion. The company guided weaker-than-expected sales and adjusted EPS for FY 2027.

On Holding Ltd (ONON)

-9.13%

Gapping down after its Q4 2025 earnings report. Adjusted earnings of $0.31 per share beat estimates of $0.18, while sales of $930.662 million beat estimates of $915.2 million. The company guided FY 2026 revenue of greater than $4.304 billion, compared to estimates of $4.59 billion.

Amazon.com Inc (AMZN)

-2.11%

On watch after Amazon Web Services said drone strikes linked to the ongoing Middle East conflict damaged two data centers in the UAE and a nearby facility in Bahrain, causing structural, power, and water damage that took the sites offline and disrupted services including EC2, S3, and DynamoDB. The company warned recovery could be prolonged due to the extent of physical damage and cautioned that regional instability may continue to make operations unpredictable.

Intel Corp (INTC)

-3.41%

On watch after Infosys announced an expansion of its strategic collaboration with Intel. The partnership aims to help enterprises scale AI from pilots to production by combining Intel’s compute platforms with Infosys’ Topaz Fabric, an agentic AI services suite that unifies infrastructure, models, data, and workflows. The collaboration focuses on optimizing AI workloads across Xeon processors, Gaudi accelerators, and AI PCs to deliver secure, cost-efficient, and production-ready AI deployments for mission-critical enterprise use cases.

BigBear.ai Holdings Inc (BBAI)

-6.34%

Gapping down after its Q4 2025 earnings report. Losses of $0.01 per share were narrower than the estimated loss of $0.06 per share, but sales of $27.3 million missed estimates of $33.309 million. The company guided sales between $135 million and $165 million for FY 2026, compared to estimates of $164.293 million.

Quantum Stocks

-3.33%

Trading lower as a group following Quantum Computing Inc’s earnings report. The company posted losses of $0.01 per share, smaller than the estimated loss of $0.04 per share, though sales of $198,000 missed estimates of $332,500.

IONQ, QUBT, QBTS, RGTI

Meta Platforms Inc (META)

-1.49%

The company is testing a shopping research feature within its Meta AI chatbot for select US web users, displaying product carousels with brand details, pricing, and merchant links. The tool personalizes recommendations based on factors like location and inferred gender from a user’s name, though it does not yet support in-chat checkout.

Apple Inc (AAPL)

-0.73%

The company kicked off its week of announcements with the introduction of the iPhone 17e on Monday morning. The phone, which starts at $599 with 256GB of storage, is powered by Apple’s new A19 chip and C1X modem, alongside a 48MP camera and upgraded Super Retina XDR display. Pre-orders begin on Wednesday and availability begins on March 11 in over 70 countries. Apple also unveiled a new iPad Air featuring the M4 chip, 12GB of unified memory, faster performance, and Wi-Fi 7 support at the same starting price as the prior model.

Plug Power Inc (PLUG)

+12.15%

Gapping up after its Q4 2025 earnings report. Adjusted losses of $0.06 per share were narrower than the estimated $0.10-per-share loss, while sales of $225.2 million beat estimates of $217.767 million. The company announced the appointment of Jose Luis Crespo as CEO; Crespo’s term began effective Monday, March 2.