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

0830 - Philly Fed business index for October: Expected 10; Prior 23.2
0900 - Feds Barr, Miran, and Waller speak
1000 - Fed’s Bowman speaks
1245 - Fed’s Barkin speaks

Taiwan Semiconductor Manufacturing Co Ltd (TSM)

+2.06%

Trading higher premarket after its Q3 2025 earnings report, with earnings of $2.92 per share and sales of $33.097 billion beating estimates of $2.59 and $31.5 billion, respectively. The company noted that 3nm shipments comprised 23% of their wafer revenue for Q3. Taiwan Semi guided Q4 sales between $32.2 billion and $33.4 billion, above estimates of $21.97 billion. Both Needham and Baird raised their price targets on the stock to $360 following the report.

Salesforce Inc (CRM)

+5.28%

Trading sharply higher after providing strong forward guidance during Investor Day. The company outlined a $60 billion revenue target by fiscal 2030, implying over 10% annual organic growth. Salesforce also introduced its “50 by FY30” framework to balance growth and profitability, highlighting an expanded OpenAI partnership alongside a $15 billion investment in San Francisco.

Snowflake Inc (SNOW)

+6.71%

Gapping up after announcing a partnership with Palantir. The collaboration involves integrating Snowflake’s AI Data Cloud with Palantir Foundry and its Artificial Intelligence Platform (AIP) to help organizations build faster, more secure data pipelines and AI applications. Flagship customer Eaton is already leveraging the integration to enhance business outcomes and strengthen enterprise data governance.

Hewlett Packard Enterprise Co (HPE)

-9.58%

Gapping after providing lower-than-expected profit and revenue projections for fiscal 2026. This guidance was attributed to the company’s restructuring with regards to artificial intelligence and networking following its Juniper Networks acquisition. HPE expects 5–10% revenue growth and $2.20–$2.40 EPS next year, and plans $240 million in job cuts tied to the integration. The company also announced plans to form a new “Cloud & AI” segment.

CoreWeave (CRWV)

+1.97%

Trading higher premarket after introducing “AI Object Storage,” a fully managed data platform optimized for AI workloads. Powered by its LOTA technology, the platform delivers local-level performance, global access with zero egress fees, and claims over 75% lower storage costs for developers.

Advanced Micro Devices Inc (AMD)

+0.48%

The stock rallied towards new all-time highs after the bell on Wednesday. Advanced Micro Devices received price target hikes from both HSBC and Wedbush on Wednesday morning; HSBC assigned a $310 price target to the stock, while Wedbush assigned a price target of $270. On Monday, October 6, the company announced a multibillion-dollar deal with OpenAI.

United Airlines Holdings Inc (UAL)

-1.23%

Trading lower premarket following its Q3 2025 earnings report. Adjusted earnings of $2.78 per share beat estimates of $2.62, though sales of $15.225 billion fell short of the expected $15.325 billion. The company guided adjusted earnings between $3 and $3.50 per share for Q4, above estimates of $2.88, and expects the quarter to beat company records for quarterly operating revenue. United also highlighted plans to invest more than $1 billion in customer experiences throughout fiscal 2026.

Meta Platforms and Apple Inc

+0.33%

Bloomberg News reported that Apple’s newly appointed AI executive Ke Yang, who was leading development of a ChatGPT-like search project tied to Siri’s overhaul, is leaving the company to join Meta. The move highlights Meta’s aggressive push to recruit top AI talent as it competes with OpenAI, Google, and Anthropic in the race toward advanced AI systems.

META, AAPL

Tesla Inc (TSLA)

+0.19%

On watch after Norway’s finance minister indicated that the company plans to scale back EV incentives after declaring its electric vehicle transition goal “achieved”. This move could impact Tesla in one of its best-performing European markets in recent months. The proposed changes would lower the tax-free price cap to under 300,000 Kroner ($29,700), disqualifying Tesla’s Model Y and Model 3 from incentives and potentially dampening demand. Additionally, data from Cox Automotive shows that EVs comprised 11% of US auto sales in Q3 2025. Tesla controls a 41% market share in this space, though that number has declined from 80% in 2021.

Microsoft Corp (MSFT)

+0.33%

Nikkei reported that the company plans to move manufacturing of its Surface devices and data center servers out of China starting as early as 2026, expanding a broader effort that already includes shifting some Xbox and server production. The move follows new tariff threats from President Trump and mirrors Apple’s push to diversify manufacturing to Vietnam for upcoming smart home and robotics products.

Charles Schwab Corp (SCHW)

+4.16%

Trading sharply higher premarket following its Q3 2025 earnings report. Adjusted earnings were reported at $1.31 per share, beating estimates of $1.25 and representing a 70% year-over-year increase, while revenue of $6.135 billion exceeded estimates of $6.009 billion. Daily average trades grew by 30% year-over-year to reach 7.42 million, and core net new assets rose by 44%.

Praxis Precision Medicines Inc (PRAX)

+104.29%

Gapping up after announcing that its Phase 3 Study 1 of Ulixacaltamide HCL for Essential Tremor met its primary endpoint. All key secondary endpoints were also statistically significant, supporting the drug’s potential efficacy. The stock has a market capitalization of $1.2 billion and a float of 19.81 million shares, approximately 13.3% of which are sold short.

rYojbaba Co Ltd (RYOJ)

+129.03%

Gapping up on no apparent news catalyst. The stock has a market capitalization of $24.41 million and a float of approximately 2.59 million shares.