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

1000 - NAHB housing market index for November: Expected 37; Prior 37
1000 - Factory orders m/m for August: Expected 1.4%; Prior -1.3%
1030 - Fed’s Barr speaks
1100 - Fed’s Barkin speaks

Amazon.com Inc and Microsoft Corp

-1.66%

The European Commission has opened three investigations into the companies’ cloud businesses under the Digital Markets Act to determine whether they should be designated gatekeepers and whether the DMA can address anticompetitive behavior in the cloud sector. The probes come amid political tensions, with President Trump backing US tech giants against EU regulation. Separately, Amazon is raising $15 billion in its first US dollar bond sale since 2021, issuing six tranches with maturities out to 2065 as it ramps up AI and data-center spending.

AMZN, MSFT

Crypto Stocks

-1.21%

Trading lower as a group in tandem with continued weakness in Bitcoin. The cryptocurrency broke below the $90,000 level on Tuesday morning to trade at its lowest level since February, though it recovered to trade above $91,300 as of 7:00 AM ET. Ethereum, meanwhile, is poised to trade green on the session and reclaimed the $3,000 level as of Tuesday morning.

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

Home Depot Inc (HD)

-3.36%

Trading sharply lower premarket following its Q3 2025 earnings report. Adjusted earnings of $3.74 per share missed estimates of $3.85, though sales of $41.352 billion beat estimates of $41.137 billion. Comparable sales grew by 0.2% year-over-year, with US comparable sales expanding by 0.1%. The company cut its adjusted EPS guide for FY25 to $14.48, missing estimates of $14.99, and raised its sales guide for the same period to a weaker-than-expected $164.299 billion.

NVIDIA Corp (NVDA)

-0.85%

On watch after Arm announced that its Neoverse-based CPUs will support Nvidia’s NVLink Fusion technology, allowing hyperscalers to more easily pair custom Arm chips with Nvidia’s dominant GPUs. The move reflects Nvidia’s strategy of opening its NVLink ecosystem to a wider range of custom processors. Separately, the Wall Street Journal reported that AI chip rental startup Lambda raised over $1.5 billion in a Series E round led by TWG Global, highlighting the massive investor appetite for AI infrastructure as data-center spending surges. The startup recently secured a multibillion-dollar Microsoft contract to deploy tens of thousands of Nvidia GPUs. Nvidia is scheduled to report earnings for Q3 2026 on Wednesday, November 19.

Cloudflare Inc (NET)

-3.98%

Trading sharply lower premarket after the company announced issues with their global network. Social media platform X was among the platforms that was impacted by the network issues. Approximately half an hour after the announcement, Cloudflare said that they are “seeing services recover”.

Alphabet Inc (GOOGL)

+0.70%

On watch as traders share unconfirmed rumors regarding the performance of the company’s Gemini 3.0 Pro model. According to these posts, Gemini 3.0 Pro outperforms OpenAI’s GPT-5.1 on certain benchmarks. The model is expected to be released on Saturday, November 22.

PDD Holdings Inc (PDD)

-3.53%

Trading sharply lower premarket following its Q3 2025 earnings report. Adjusted earnings of $2.96 per share beat estimates of $1.99, while sales of $15.21 billion were in-line with analyst estimates.

Palantir Technologies Inc (PLTR)

-2.38%

Former hedge fund manager Michael Burry reaffirmed his key trades - including a bearish position in Palantir - after deregistering Scion Asset Management last week. Burry revealed via a social media post on Tuesday morning that he remains long Molina Healthcare and long Palantir puts, a combination he described as “peanut butter and bananas.” His updated stance aligns with Scion’s final 13F, which showed a 125,000-share MOH position and a clarified $9.2 million notional bearish put position on PLTR.

Apple Inc (AAPL)

+0.79%

Bloomberg reported that industrial designer Abidur Chowdhury has left the company after six years, marking another significant departure from Apple’s already overhauled design group. Chowdhury helped shape the iPhone Air and appeared in its launch video. His exit follows the reported departure of Apple COO Jeff Williams earlier this month.

Medtronic PLC (MDT)

+4.28%

Trading sharply higher premarket following its Q2 2026 earnings report. The company posted adjusted earnings of $1.36 per share and sales of $8.961 billion, beating estimates of $1.31 and $8.865 billion, respectively. Medtronic hiked its adjusted EPS guide to $5.62-$5.66 for FY26, compared to estimates of $5.63.

Amer Sports (AS)

+8.16%

Gapping up after its Q3 2025 earnings report, with adjusted earnings of $0.33 per share and sales of $1.756 billion beating estimates of $0.25 and $1.71 billion, respectively. The company hiked its GAAP EPS guide for FY25 to $0.88-$0.92, beating estimates of $0.78. Amer Sports raised its sales guide for the same period to $6.375 billion-$6.427 billion, above estimates of $6.361 billion.

Baidu Inc (BIDU)

-2.07%

On watch after its Q3 2025 earnings report. Adjusted earnings of $1.56 per share and sales of $4.379 billion beat estimates of $0.91 and $4.31 billion, respectively. Core revenue declined by 7% year-over-year, as did total revenue, though non-online marketing revenue grew by 21% thanks to strength in the company’s cloud business.

Klarna Group PLC (KLAR)

-0.14%

The company is scheduled to report Q3 2025 earnings before the opening bell on Tuesday, November 18. Ahead of the report, Klarna announced that it has struck a deal for Elliott Investment Management to buy its US Fair Financing loans, helping Klarna expand this credit product across the country. Over two years, the firms expect to facilitate about $6.5 billion in loans, giving Klarna more flexible funding and stronger finances as it grows its US lending business.

Olema Pharmaceuticals Inc (OLMA)

+198.36%

Gapping up on no apparent news catalyst. The stock has a market capitalization of $584.98 million and a float of 52.95 million shares, approximately 15.8% of which are sold short.