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

0830 - Fed’s Venable speaks
1000 - NAHB housing market index for May: Expected 34; Prior 34

NVIDIA Corp (NVDA)

+0.35%

On watch ahead of its Q1 2027 earnings report, set to be released after the bell on Wednesday, May 20. Analysts are looking for the company to post earnings of $1.70 per share and revenue of $78.75 billion for the quarter. Aletheia raised its price target on the stock to $270 from $250 ahead of the report, with the analyst expecting revenue and guidance to exceed Bloomberg consensus by $2 billion to $3 billion. The firm believes Nvidia investors will focus on the ramp of Blackwell and Rubin AI chips, the impact of memory costs, opportunities in China, and whether any remaining supply constraints could limit growth.

Ford Motor Co (F)

+3.13%

Trading higher premarket after announcing that it will launch seven new models in Europe by 2029, including five passenger vehicles such as a small electric car and SUV. The update comes as the company works to revive sales and compete more aggressively with Chinese automakers. Ford also criticized Europe’s EV policy direction, arguing that CO₂ targets should better reflect consumer demand and support plug-in hybrids and extended-range vehicles alongside fully electric models.

Dominion Energy Inc (D)

+12.99%

Gapping up after announcing a merger with NextEra Energy. The announcement follows a Bloomberg report suggesting that NextEra was in advanced talks to acquire the Dominion in a mostly stock deal valuing the company at about $66 billion, or roughly $76 per share. Days earlier, the Financial Times reported that the companies were in talks to merge in a mostly stock transaction that would create a utility giant with an enterprise value of roughly $400 billion.

Space Stocks

+3.11%

Trading higher as a group as reports surrounding the SpaceX IPO proliferate. On Friday afternoon, Reuters reported that the company is set to go public on the Nasdaq under the ticker “SPCX” as early as June 12, with pricing expected as early as June 11. Over the weekend, The Information reported that BlackRock is considering a $5 billion to $10 billion investment in the company as part of its IPO, which is expected to raise up to $75 billion and could become the largest public offering in history. Such a commitment would make BlackRock one of the anchor investors in the deal, adding to its existing private stake in SpaceX.

RKLB, ASTS, DXYZ

Oil and Energy Stocks

+1.01%

Trading higher premarket amid concerns about oil inventories and the conflict in the Middle East. US President Donald Trump shared a Truth Social post on Sunday in which he said that Iran “better get moving, FAST, or there won’t be anything left of them”. This post comes days after the most recent update from the International Energy Agency, which flagged concerns about the depletion of oil inventories across the world.

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

Hims & Hers Health Inc (HIMS)

-4.21%

Gapping down after announcing a $300 million offering of convertible senior notes due 2032, with an additional $45 million option for buyers, to raise capital for growth initiatives. The proceeds are intended to fund international expansion—including the planned Eucalyptus acquisition—along with investments in technology, fulfillment infrastructure, and AI development.

Baidu Inc (BIDU)

+4.49%

Gapping up after its Q1 2026 earnings report. The company posted revenue of 32.08 billion yuan, above estimates of 31.49 billion yuan, with adjusted earnings per ADR of 12.06 yuan beating estimates of 11.84 yuan. Revenue for the company’s Core AI-related business grew by 49% year-over-year to 13.6 billion yuan.

Amazon.com Inc (AMZN)

-0.89%

The company is facing a proposed class-action lawsuit from consumers in Seattle alleging it passed on tariff-related costs to shoppers through higher prices on imported goods tied to tariffs later ruled unlawful by the US Supreme Court. The suit claims Amazon collected hundreds of millions of dollars in improper tariff-related charges and argues the company has not pursued refunds despite other firms seeking reimbursement.

Tesla Inc (TSLA)

-1.53%

During a virtual appearance at the Smart Mobility Summit in Tel Aviv, CEO Elon Musk said fully self-driving vehicles without human safety monitors could become more widespread across the United States later this year. Musk emphasized the early deployment of self-driving cars in Texas and noted that this is set to be expanded across the country in 2026. Separately, Tesla raised prices on several Tesla Model Y variants in the U.S. by up to $1,000, including both premium trims and a smaller increase for the Performance version.

Apple Inc (AAPL)

-0.53%

On watch after an Indian court ordered the company to fully cooperate with investigators in an antitrust case over its iPhone app ecosystem, rejecting its request to pause the proceedings while it challenges India’s penalty framework. The Delhi High Court directed the Competition Commission of India not to issue a final order until at least July 15. Apple continues its legal challenge over requests for financial disclosures used in potential penalty calculations.

Crypto Stocks

-3.44%

Trading lower as a group in tandem with a decline in Bitcoin, which is poised for its fourth straight losing session. The cryptocurrency closed more than 5% lower last week despite a mid-week bump after the crypto-centric Clarity Act passed through the Senate Banking Committee. Bitcoin is trading just below $77,000 as of 7:30 AM ET on Monday.

COIN, MSTR, MARA, RIOT, IBIT, ETHE, HUT, CLSK, IREN, CAN

Arm Holdings PLC (ARM)

-1.03%

Bloomberg reported that the company is under investigation by the US Federal Trade Commission over whether its semiconductor licensing practices could be used to illegally restrict competition in parts of the chip design market. The probe is examining whether Arm may be rejecting or downgrading licensing agreements for its chip architecture. The FTC reportedly notified the company this year and requested preservation of relevant documents.

UnitedHealth Group Inc (UNH)

-3.34%

Gapping down after Berkshire Hathaway’s 13-F for Q1 2026 revealed that the firm sold its entire position in the health insurer last quarter. Berkshire purchased its stake in United Health during Q2 2025, and the stock traded sharply higher upon the revelation of the stake in August of 2025. The sale of UnitedHealth comes months after Greg Abel began his tenure as CEO of Berkshire, succeeding longtime leader Warren Buffett.

HIVE Digital Technologies Ltd (HIVE)

+22.68%

Gapping up after announcing plans to build a 320-megawatt AI infrastructure campus in the Greater Toronto Area through its BUZZ High Performance Computing unit, following a $58 million land purchase. The project, expected to cost about CAD $3.5 billion and come online in 2027, is designed to host over 100,000 GPUs and become one of North America’s largest AI compute clusters.