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

0830 - Fed’s Barr speaks
0845 - Fed’s Jefferson speaks
0900 - Fed’s Collins and Fed’s Logan speaks
0945 - S&P composite PMI for November: Expected 54.5; Prior 54.5
0945 - S&P manufacturing PMI for November: Expected 52; Prior 52.5
0945 - S&P services PMI for November: Expected 54.6; Prior 54.8
1000 - UMich consumer sentiment: Expected 50.6; Prior 50.3

Crypto Stocks

-4.04%

Trading sharply lower as a group amid continued weakness in cryptocurrencies. Bitcoin broke below key support near $88,000 on Thursday and is trading below $81,000 as of Friday at 7:25 AM ET. Ethereum, meanwhile, is trading just above $2,600.

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

NVIDIA Corp (NVDA)

-2.33%

Foxconn announced that its $1.4 billion supercomputing center built with Nvidia will be completed by the first half of 2026. The center will become Taiwan’s largest advanced GPU cluster and Asia’s first AI data center powered by Nvidia’s Blackwell GB300 chips. Nvidia executives said accelerating GPU technology makes large shared facilities more economical. Nvidia reported better-than-expected earnings for fiscal Q3 2026 on Wednesday, November 19.

Taiwan Semiconductor Manufacturing Co Ltd (TSM)

-1.80%

On watch after CEO C.C. Wei said the company will continue expanding its Arizona semiconductor facility as part of a broader $165 billion US investment aimed at meeting soaring AI-driven chip demand. He emphasized that semiconductor fabs require ongoing expansion, noting that “once you start…you cannot stop.”

Webull Corp (BULL)

-1.33%

Trading lower premarket after its Q3 2025 earnings report. Adjusted earnings of $0.07 per share beat estimates of $0.02, and sales of $156.936 million beat estimates of $135.577 million. Customer assets grew by 84% year-over-year, with net deposits increasing by 31%.

Alphabet Inc (GOOGL)

+0.19%

Google is making a final court attempt to avoid being forced to break up its advertising technology business after a judge ruled it maintains two illegal ad tech monopolies. The DOJ is pushing for the sale of Google’s AdX exchange. Separately, Italy’s competition regulator ended a probe into Google after the company implemented measures addressing concerns over unfair use of personal data.

Gap Inc (GAP)

+4.21%

Trading sharply higher premarket following its Q3 2025 earnings report, with earnings of $0.62 per share and sales of $3.942 billion beating estimates of $0.59 and $3.91 billion, respectively. The company hiked its sales guide for FY25 to $15.375 billion-$15.402 billion, beating estimates of $15.324 billion.

Joby Aviation and Archer Aviation

-0.33%

Both stocks are on watch after Joby filed a lawsuit against Archer. The former accuses the latter of hiring an ex-employee of Joby who allegedly took confidential business strategies, partnership details, and aircraft specifications to Archer. Archer denies the claims, saying it has no deal connected to the allegations and that the employee did not bring any Joby trade secrets to the company.

JOBY, ACHR

Warner Bros Discovery Inc (WBD)

+1.62%

Reuters reported that the company has received initial buyout offers from Paramount, Comcast, and Netflix, opening the door to a major consolidation that could reshape control of assets such as HBO and DC Comics. Paramount, backed by billionaire Larry Ellison, is expected to bid for the entirety of Warner Bros Discovery, including its cable networks.

Elastic NV (ESTC)

-12.16%

Gapping down after its Q2 2026 earnings report. The company posted adjusted earnings of $0.64 per share and sales of $423.481 million, beating estimates of $0.58 and $418.155 million, respectively. Elastic provided stronger-than-expected sales and EPS guidance for Q3 2026 and raised its forecast for both metrics for FY26.

Nuvve Holding Corp (NVVE)

+66.79%

Gapping up after signing an MOU with the City of Socorro and the Socorro Electric Cooperative to support transportation electrification and modernize local electrical infrastructure. The collaboration also aims to enhance community resilience through improved energy systems. The stock has a market capitalization of $5.51 million and a float of $30.61 million shares.