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

CME Group Inc (CME)

+0.37%

A cooling failure at a CyrusOne data center forced the Chicago Mercantile Exchange to halt trading in multiple futures contracts, including equity, oil, and gold, while Treasury trading later resumed through BrokerTec. The outage hit just as markets reopened after Thanksgiving, raising the risk of outsized volatility amid typically thin post-holiday trading volumes.

Crypto Stocks

+3.87%

Trading sharply higher as a group as Bitcoin continues to rebound from recent lows. The cryptocurrency dropped as low as $80,500 on November 21 but has been recovering in the days since. As of Friday morning, Bitcoin is poised for a three-day winning streak and is trading near the $91,500 level.

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

Alphabet Inc (GOOGL)

+0.83%

The company withdrew its EU antitrust complaint against Microsoft’s Azure after regulators opened a Digital Markets Act probe into both Azure and AWS. Alphabet says it still stands by its concerns over “anticompetitive cloud licensing practices” but will defer to the Commission’s broader DMA investigation.

Oracle Corp (ORCL)

-1.81%

Trading lower premarket after Morgan Stanley warned that the company’s credit risk is rising, with 5-year CDS near 1.25% and potentially heading toward its 2008 peak of about 2% if concerns persist over funding its AI data-center expansion. Citing a large funding gap, a rapidly growing balance sheet, and technology “obsolescence risk,” the firm closed its long-bond trade and now favors buying CDS protection instead.

Alibaba Group and Baidu

+0.44%

Both Chinese ADRs are on watch this morning. Alibaba unveiled its Quark AI glasses in China, a lightweight, regular-eyewear-style headset starting at 1,899 yuan and powered by its Qwen model. Meanwhile, Reuters reported that Baidu has begun large-scale layoffs across multiple business units as it contends with rising AI competition and falling ad revenue following its third-quarter loss. Some teams could see cuts of up to 40%. On Wednesday, Bloomberg reported that the Pentagon is looking to add both Alibaba and Baidu to a list of Chinese military companies.

BABA, BIDU

Amazon.com Inc (AMZN)

+0.31%

The company is preparing to extend loans to small businesses in India through Axio, the non-bank lender it acquired, as it expands beyond BNPL and personal loans into broader credit and cash-management services. Separately, a federal judge granted Amazon a preliminary injunction blocking New York from enforcing a new labor law, finding Amazon is likely to prove the statute is preempted by federal labor rules under the NLRA. The ruling halts the state’s attempt to fill an NLRB quorum gap and pauses an investigation tied to the firing of a Staten Island union leader while Amazon’s broader challenge proceeds.

Apple Inc (AAPL)

+0.31%

The company has told EU regulators that Apple Ads and Apple Maps meet the Digital Markets Act thresholds, triggering a 45-day review that could designate them as gatekeeper services subject to strict competition rules. The move comes amid ongoing antitrust tensions—including €700 million in fines and high-stakes settlement talks—as well as escalating US–EU political friction over tech regulation.

NVIDIA Corp (NVDA)

+0.41%

On watch after the Financial Times reported that leading Chinese companies are training AI models overseas to access Nvidia chips and work around US export restrictions. Separately, the company has been pushing back against criticism of its $4.5 trillion valuation by circulating a detailed memo to Wall Street analysts rebutting claims from Michael Burry and other skeptics who have recently intensified their warnings about the stock.

Intel Corp (INTC)

+1.74%

Trading higher premarket after denying TSMC’s accusations that incoming executive Wei-Jen Lo leaked trade secrets, saying it has strict controls on third-party confidential information and sees no evidence supporting the claims. TSMC earlier filed a lawsuit in Taiwan’s Intellectual Property and Commercial Court alleging Lo misused proprietary information after leaving the company.

Tilray Brands Inc (TLRY)

-14.02%

Gapping down after announcing a one-for-10 reverse stock split, effective December 1. The stated goals of the split include aligning Tilray’s share count with peers, attracting institutional investors, and saving up to $1 million annually on meeting costs. The stock will begin trading on a split-adjusted basis on December 2.

The Metals Company Inc (TMC)

+14.92%

Gapping up after CFO Craig Shesky directly addressed short sellers during an appearance during an interview with the Rock Stock Channel on YouTube. The stock has a market capitalization of $2.41 billion and a short float of 13.67%.

SMX (Security Matters) PLC (SMX)

+58.74%

Gapping up after presenting its molecular identity technology at the DMCC Precious Metals Conference in Dubai. The technology embeds invisible molecular markers into materials for permanent authentication, replacing traditional paper trails and labels, and has been assessed by Brink’s for auditability in high-volume logistics corridors. The stock, which has rallied in the past, has a market capitalization of $18.28M and a float of 830,000 shares.