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

1000 - Existing home sales for April: Expected $4.05M; Prior $3.98M

Intel Corp (INTC)

+5.36%

Gapping up after closing more than 13% higher on Friday; the rally followed a Wall Street Journal report suggesting that the company has reached a preliminary manufacturing deal with Apple. Bank of America raised its price target on Intel to $96 from $56 but kept an Underperform rating, saying the potential foundry deal could add roughly $10 billion in annual revenue by 2030 and is largely already reflected in Intel’s soaring share price. Separately, ZDNet Korea reported that SK Hynix is collaborating with Intel on advanced 2.5D packaging research and development.

Circle Internet Group (CRCL)

+0.99%

The company posted Q1 2026 revenue of $694.13 million, missing estimates of $714.88 million but representing 20% year-over-year growth, with earnings of $0.21 per share narrowly beating estimates of $0.18. The value of USDC in circulation grew by 28% year-over-year, while USDC onchain transaction volume ballooned by 263%. Additionally, Circle raised $222 million in a presale of Arc, the native token for its new institutional blockchain. This values the Arc network at $3 billion and marking Circle’s push beyond its USD Coin stablecoin business.

Oil and Energy Stocks

+2.22%

Trading higher as a group as traders assess commentary from world leaders amid the ongoing conflict in the Middle East. US President Donald Trump called Iran’s latest counteroffer to the US and Iran “TOTALLY UNACCEPTABLE” in a Truth Social post on Sunday evening. Meanwhile, Israeli Prime Minister Benjamin Netanyahu indicated that the conflict between the countries was “not over”.

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

Lumentum Holdings Inc (LITE)

+4.78%

Trading sharply higher premarket on news of its impending inclusion in the Nasedaq-100 Index. Lumentum is set to replace CoStar Group in the index and will begin trading as part of the Nasdaq after the open on Monday, May 18. As of Friday’s close, Lumentum’s stock has gained more than 145% on the year.

Micron Technology Inc (MU)

+5.14%

Poised to open at another new all-time high amid labor concerns at competitor Samsung. An article from Barron’s highlighted that Samsung Electronics and its labor union are in final post-mediation talks this week. Analysts at Jefferies estimate that a potential strike could pose risks to about 3% of global memory-chip production, while analysts at J.P. Morgan note that the memory market is already facing a tightening supply-demand balance. Any disruption at Samsung could further benefit rivals like Micron Technology.

monday.com Ltd (MNDY)

+22.31%

Gapping up after its Q1 2026 earnings report, with revenue of $351.3 million and earnings of $1.15 per share beating estimates of $339.31 million and $0.95, respectively. The company projected Q2 2026 revenue between $345 million and $356 million, compared to estimates of $354.2 million. Monday guided revenue between $1.466 billion and $1.474 billion for FY 2026, beating estimates of $1.458 billion.

Constellation Energy Corp (CEG)

+2.63%

Trading higher premarket after its Q1 2026 earnings report. Revenue of $11.12 billion beat estimates of $9 billion, while earnings of $2.74 per share exceeded expectations of $2.59. The company projected FY 2026 earnings between $11 and $12 per share, compared to estimates of $11.62.

Dell Technologies Inc (DELL)

-0.60%

UBS downgraded the stock to Neutral from Buy while raising its price target to $243, citing a more balanced risk/reward after the stock surged about 170% over the past year on strong execution in AI-optimized servers. The analyst expects Dell to grow earnings by more than 25% in fiscal 2027, driven by over 100% growth in AI server sales, but believes the stock’s valuation already reflects even higher investor expectations of 30% to 35% EPS growth. Dell closed more than 13% higher on Friday, aided in part by an endorsement of the company and its products by US President Donald Trump.

Moderna Inc (MRNA)

+8.56%

Gapping up on reports that a Hantavirus Pulmonary Syndrome case was confirmed in a U.S. citizen and another person showed symptoms pending test results. Last week, Moderna announced that it has begun early-stage development of a vaccine targeting hantavirus. The stock has a short float of approximately 16.4%.

Microsoft Corp (MSFT)

-0.75%

Bloomberg reported that the company has delayed its planned $1 billion geothermal-powered data center in Kenya after negotiations with the Kenyan government stalled over requests for guaranteed annual payments for a portion of the facility’s capacity. The project, announced in 2024 during Kenyan President William Ruto’s state visit to the United States, was intended to expand cloud and AI infrastructure across East Africa. Microsoft partnered with G42, an AI firm based in the UAE, on the project.

Palantir Technologies Inc (PLTR)

-1.86%

The Financial Times reported that the company is among the contractors being granted broad administrative access to identifiable patient records within National Health Service England’s National Data Integration Tenant, a core component of the NHS Federated Data Platform. The new “admin” role would allow non-NHS staff unlimited access to patient data before it is pseudonymized, raising privacy concerns around the $448 million platform that Palantir was contracted to build in 2023.

Alibaba Group Holding Ltd (BABA)

-1.85%

On watch after Reuters reported that the company is preparing to integrate its Qwen AI assistant with its Taobao and Tmall platforms, allowing users to search, compare, and purchase products through natural language conversations instead of traditional keyword-based browsing. The Qwen app will be able to access more than 4 billion product listings and use a skills library to handle logistics and after-sales support, while also delivering personalized recommendations based on each user’s shopping history and preferences. Alibaba is scheduled to report Q1 2026 earnings before the bell on Wednesday, May 13.

Amazon.com and Alphabet

-0.74%

Both companies are reportedly preparing bond sales. Bloomberg reported that Amazon is considering its first-ever issuance of Swiss franc bonds, while Reuters reported that Alphabet is considering issuing several hundred billion yen of senior unsecured bonds in Japan.

AMZN, GOOGL

ASP Isotopes Inc (ASPI)

+7.25%

Trading sharply higher premarket after announcing that its subsidiary, Quantum Leap Energy, has signed a non-binding memorandum of understanding with a European nuclear technology company to explore supplying high-assay low-enriched uranium (HALEU). Under the proposed arrangement, the partner would provide uranium feedstock while Quantum Leap Energy targets enrichment above 10% U-235, with potential deliveries beginning in 2028. Approximately 22.4% of ASP Isotopes’ float is sold short.

EZGO Technologies (EZGO)

+52.75%

The penny stock is gapping up amid an influx of social media attention. EZGO has a market capitalization of $840,000 and a float of 20.72 million shares.