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

0830 - Core CPI y/y for September: Expected 3.1%; Prior 3.1%
0830 - Core CPI m/m for September: Expected 0.3%; Prior 0.3%
0830 - CPI y/y for September: Expected 3.1%; Prior 2.9%
0830 - Core CPI m/m for September: Expected 0.4%; Prior 0.4%
0945 - S&P services PMI for October: Expected 53.5; Prior 54.2
0945 - S&P manufacturing PMI for October: Expected 51.9; Prior 52
1000 - UMich consumer sentiment for October: Expected 54.6; Prior 55

Intel Corp (INTC)

+7.55%

Gapping up after its Q3 2025 earnings report, with adjusted earnings of $0.23 per share and sales of $13.653 billion beating estimates of $0.01 and $13.137 billion, respectively. Revenue in its Client Computing Group and Intel Products categories grew by 5% and 3% year-over-year, respectively, though revenue in the Intel Foundry and Data Center and AI categories declined. The company guided in-line earnings of $0.08 per share for Q4, and the midpoint of its sales guide for the quarter fell short of analyst estimates.

Alphabet Inc (GOOGL)

+1.19%

Anthropic announced a multiyear deal with Google Cloud worth “tens of billions” of dollars to expand its use of Google’s TPU chips and cloud capacity. Despite the expansion, Anthropic reaffirmed its multi-cloud strategy, maintaining partnerships with both Google and Amazon for AI research and infrastructure projects. Bloomberg reported on a possible deal between the companies on Tuesday, October 21.

Ford Motor Co (F)

+4.13%

Gapping up following its Q3 2025 earnings report. Adjusted earnings of $0.45 per share beat estimates of $0.36, while sales of $47.185 billion outpaced expectations of $43.076 billion. Revenue for Ford Pro and Model e exceeded estimates, though the EBIT loss for Model e expanded on a year-over-year basis, and EBIT for Ford Blue increased year-over-year. The company noted that it expects headwinds of $1 billion or less through 2025 and 2026 as a result of a recent fire at the Novelis aluminum plant.

Beyond Meat Inc (BYND)

+3.87%

The company reported preliminary Q3 revenue on Friday morning amid an influx of attention for the heavily-shorted stock. Beyond Meat reported roughly $70 million in preliminary revenue for the quarter, marginally above estimates and in-line with the company’s own guidance. The company expects gross margin to fall between 10% to 11%, though the exclusion of charges related to China brings this metric up to 12% to 13%. Beyond Meat also guided operating expenses of $41–43 million and flagged a potential non-cash asset impairment.

Apple Inc (AAPL)

+0.37%

The company announced that it has begun shipping AI servers built at its Houston facility as part of a $600 billion U.S. investment plan, using custom chips designed to deliver AI features with strong privacy protections. While President Trump has urged Apple to manufacture iPhones domestically, CEO Tim Cook said production will largely stay overseas for now, though more key components will be sourced from the U.S.

Advanced Micro Devices Inc (AMD)

+2.30%

Trading higher premarket after IBM announced it can run a key quantum computing algorithm on standard AMD chips, marking progress toward making quantum computing more commercially viable. IBM is competing with Microsoft and Google, which also reported breakthroughs this week, to overcome qubit error challenges that currently limit quantum computing’s practical use. Separately, Cathie Wood’s Ark Invest sold roughly $2.3 million worth of AMD shares as of Thursday’s close.

Crypto Stocks

+3.03%

Trading higher as a group in tandem with gains in Bitcoin and Ethereum. Bloomberg reported that JPMorgan plans to allow institutional clients to use Bitcoin and Ether as collateral for loans by the end of the year. According to the report, the bank will rely on a third-party custodian to securely hold the digital assets. Ethereum is trading near $3,950 as of Friday at 7:20 AM, while Bitcoin is trading above the $111,100 level.

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

Deckers Outdoor Corp (DECK)

-12.33%

Gapping down following its Q2 2026 earnings report. Quarterly earnings of $1.82 per share beat estimates of $1.57, while sales of $1.431 billion exceeded estimates of $1.418 billion. UGG and HOKA sales grew by 10% and 11%, respectively, but sales in the Other Brands category declined amid a phase-out of the Koolaburra brand. Deckers guided GAAP earnings of $6.30 to $6.39 per share for FY26, beating estimates of $6.28, though its FY26 sales guidance of $5.35 billion missed estimates of $5.454 billion.

Quantum Stocks

+3.01%

Trading higher as a group following a volatile session full of back-and-forth headlines on Thursday. The stocks initially gapped up when the Wall Street Journal reported that the US government was in talks for equity stakes in quantum companies, a reported that was refuted by Yahoo Finance hours later. An official from the US Commerce Department told both CNBC and Reuters that they were not in talks for equity stakes with any quantum companies. Around 3:00 PM on Thursday, Bloomberg reported that the US was considering a “boost” for quantum computing to counter China’s efforts in a push for national security.

RGTI, IONQ, QUBT, QBTS

Oracle Corp (ORCL)

+1.30%

Trading higher premarket after Bloomberg reported that banks are preparing a $38 billion debt deal to finance two massive Oracle-linked data centers in Texas and Wisconsin that will support OpenAI operations. Led by JPMorgan and MUFG, the financing marks the largest AI infrastructure funding to date and is part of Oracle’s $500 billion “Stargate” investment initiative with OpenAI. This debt deal is expected to be launched on Monday.

Meta Platforms Inc (META)

+0.68%

The European Commission said Meta and TikTok violated the EU’s Digital Services Act by failing to provide researchers adequate access to public data. It also found that Facebook and Instagram lack easy-to-use tools for reporting illegal content. This update comes as the EU continues to tighten enforcement of online safety and transparency rules for major tech platforms.

Newmont Corporation (NEM)

-6.93%

Gapping down following its Q3 2025 earnings report. The company posted adjusted earnings of $1.71 per share and sales of $5.524 billion, beating estimates of $1.42 and $5.183 billion, respectively. Gold production dropped by 4% year-over-year due to lower gold grades and scheduled shutdowns. Newmont improved its FY25 capital guidance by $200 million, though it noted that Q4 free cash flow will likely be negatively impacted amid increased spending on construction for water treatment facilities.

Procter & Gamble Co (PG)

+3.64%

Trading higher premarket following its Q1 2026 earnings report, with adjusted earnings of $1.99 per share and sales of $22.386 billion beating estimates of $1.90 and $22.175 billion, respectively. The company marginally increased its sales guide for FY26 to $85.127 billion-$88.498 billion, compared to estimates of $86.919 billion; the higher end of its adjusted EPS guide for the year was similarly raised by one cent to $6.83-$7.10, compared to estimates of $6.97.

Wellgistics Health Inc (WGRX)

+163.16%

On Wednesday morning, the company announced a partnership with DataVault AI to integrate DataVault’s blockchain-based “PharmacyChain” technology into Wellgistics’ prescription drug infrastructure. The partnership aims to fully digitize prescription tracking from order to fulfillment and includes a planned revenue-sharing model based on PharmacyChain usage fees. Wellgistics has a market capitalization of $36.83 million and a float of 12.66 million shares, approximately 10% of which are sold short.