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

0830 - Nonfarm payrolls for September: Expected 51k; Prior 22k
0830 - Unemployment rate for September: Expected 4.3%; Prior 4.3%
0830 - Initial jobless claims: Expected 227k; Prior 232k
0830 - Average earnings y/y for September: Expected 3.7%; Prior 3.7%
0845 - Fed’s Hammack speaks
1000 - Existing home sales for October: Expected 4.08M; Prior 4.06M
1100 - Fed’s Cook speaks

NVIDIA Corp (NVDA)

+4.80%

Trading sharply higher premarket after its Q3 2026 earnings report. Adjusted earnings of $1.30 per share beat estimates of $1.25, while sales of $57.006 billion beat estimates of $54.88 billion. The company guided Q4 sales between $63.7 billion and $66.3 billion, above estimates of $61.479 billion. CEO Jensen Huang noted that demand for Nvidia’s Blackwell GPU is “off the charts”.

Walmart Inc (WMT)

-1.22%

Trading lower premarket following its Q3 2025 earnings report. The company posted adjusted earnings of $0.62 per share and sales of $179.5 billion, beating estimates of $0.60 and $177.429 billion, respectively. Revenue grew by 5.8% year-over-year. Walmart now expects FY26 revenue to grow by 4.8%-5.1% year-over-year and hiked its FY26 EPS guide to $2.58-$2.63, in-line with estimates. The stock’s listing will be transferred to the Nasdaq as of December 9, 2025.

Palo Alto Networks Inc (PANW)

-3.68%

Trading lower premarket following its Q1 2026 earnings report. Adjusted earnings of $0.93 per share beat estimates of $0.89, while sales of $2.474 billion beat estimates of $2.461 billion. The company guided Q2 earnings between $0.93 and $0.95 per share and projected quarterly sales between $2.57 billion and $2.59 billion; both outlooks were in-line with analyst estimates for each metric. Palo Alto also announced plans to acquire Chronosphere for $3.35 billion.

Alphabet Inc (GOOGL)

+1.93%

The company has opened its largest AI infrastructure hardware engineering center outside the US in Taiwan, which the island’s president called a strong sign of trust and technological partnership. The move highlights Taiwan’s role as a secure, critical hub in the global tech supply chain amid rising concerns over Chinese AI systems and ongoing US–Taiwan cooperation.

Tesla Inc (TSLA)

+2.11%

Trading higher premarket following the US-Saudi Investment Forum on Wednesday. During his speech at the forum, US President Donald Trump announced that his administration is offering middle-income Americans tax deductions on interest paid for EV loans—including Teslas—as part of the Big, Beautiful Bill. The measure, which applies to all U.S.-assembled EVs through 2028, aims to boost car sales and allows qualifying taxpayers to deduct up to $10,000 in annual loan interest.

Bath & Body Works Inc (BBWI)

-14.45%

Gapping down after its Q3 2025 earnings report, with adjusted earnings of $0.35 per share and sales of $1.594 billion missing estimates of $0.40 and $1.634 billion, respectively. The company guided FY25 earnings of at least $2.83 per share, well below estimates of $3.44. Bath & Body Works guided EPS of at least $1.70 for Q4, similarly missing estimates of $2.17.

International Business Machines and Cisco Systems

+1.21%

Trading higher as a pair after announcing plans to connect quantum computers over long distances by 2030, a step toward a future quantum internet. The companies cautioned that the effort requires new technologies and academic collaboration, as the industry races to build reliable quantum machines that can tackle problems far beyond today’s computers.

IBM, CSCO

High-Performance Computing Stocks

+4.25%

Trading sharply higher as a group after Nvidia reported blockbuster Q3 earnings and strong guidance, reinforcing confidence in the continued strength of the AI trade. . These power-rich data center operators are likely to benefit from soaring demand for electricity-intensive Nvidia hardware. Many of the stocks in this group receive heightened attention from retail investors, particularly Cipher and Nebius.

CIFR, IREN, APLD, WULF, WYFI, RIOT, NBIS

Palantir Technologies Inc (PLTR)

+4.14%

Trading sharply higher premarket. The company announced that it has achieved the IRAP PROTECTED certification, allowing Australian government agencies and commercial organizations to use its Foundry and AIP platforms while meeting stringent national security and privacy requirements. This milestone expands Palantir’s opportunities in Australia by enabling more customers to adopt its secure, locally hosted cloud and AI capabilities.

Microsoft Corp (MSFT)

+1.21%

CEO Satya Nadella is preparing to overhaul the company’s business model for the AI era, according to a report from Business Insider on Wednesday. Nadella has reportedly appointed longtime strategist Rolf Harms, a key architect of Microsoft’s cloud transformation, to lead the transition. Harms will advise top leaders at the company on the economics of AI across infrastructure, platforms, and applications.

Meta Platforms Inc (META)

+1.47%

Yann LeCun, the company’s chief AI scientist and a foundational figure in modern AI, will leave the company at year-end to start a new AI startup. Over his 12 years at Meta, he built FAIR and guided major breakthroughs that helped make Meta a leader in deep learning, computer vision, and generative AI. LeCun’s departure was first reported earlier this month.

ZIM Integrated Shipping Services Ltd (ZIM)

-0.96%

Trading marginally lower premarket after its Q3 2025 earnings report. Earnings of $1.02 per share beat estimates of $0.76, while sales of $1.777 billion beat estimates of $1.766 billion despite a 36% year-over-year decline. Adjusted EBITDA declined by 61% year-over-year to $593 million.

Sonder Holdings Inc (SOND)

+125.49%

The lodging company is gapping up on Thursday morning. On Friday, November 14, Sonder filed for Chapter 7 bankruptcy, attributing the bankruptcy to the end of its partnership with Marriott and noting that it expects to be delisted. The stock has a market capitalization of $1.23 million and a float of 10.9 million shares, approximately 13.8% of which are sold short.