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

1030 - Dallas Fed manufacturing index for October: Prior -8.7

Semiconductors

+1.82%

Trading higher as a group after US officials indicated easing tensions with China, paving the way for President Trump and President Xi to finalize a trade deal this week. The potential agreement could delay China’s rare earth restrictions, halt Trump’s planned 100% tariffs, resume Chinese soybean purchases, and resolve the TikTok dispute. Trump and Xi are scheduled to meet on Thursday, October 30 in South Korea. AMD is also on watch after rallying to new all-time highs on Friday following reports that IBM successfully used its chips to run a quantum computing error correction algorithm.

AMD, NVDA, QCOM, MU, MRVL, SMCI, ARM, AVGO

Rare-Earths and Critical Minerals Stocks

-4.93%

Trading sharply lower as a group amid easing trade tensions between the US and China. Rare-earths plays have been trading sharply higher in recent weeks as trade discussions between the countries appeared to fall apart, starting with Trump’s announcement of significant tariff measures on China earlier this month. On Sunday, US Treasury Secretary Scott Bessent indicated that China is set to delay and re-consider its expanded licensing plan for rare earths. Many of the stocks in this group have short floats of at least 10%.

MP, TMC, CRML, UUUU, USAR, AREC

GameStop Corp (GME)

+6.36%

Gapping up after the White House’s X account reposted the retailer’s humorous declaration ending the long-running “console wars.” The viral exchange followed news that Microsoft will release a remake of Halo: Combat Evolved on Sony’s PlayStation 5, marking a major shift away from console exclusivity in the gaming industry. GameStop, which is frequently the subject of attention from retail traders and investors, has a short float of approximately 17.1%.

Tesla Inc (TSLA)

+1.44%

Trading higher premarket after Cantor Fitzgerald raised its price target for the stock to $510 from $355, citing confidence in the company’s long-term growth drivers. The firm highlighted steady progress on the Cybercab, Semi, and Megapack 3 for FY26, Optimus production next year, and rising capex to support expansion across energy storage, FSD, and robotics. Tesla reported Q3 2025 earnings on Wednesday, October 22, missing EPS estimates but surpassing expectations for sales.

Keurig Dr Pepper Inc (KDP)

+8.14%

Gapping up after its Q3 2025 earnings report. Adjusted earnings of $0.54 per share fell in-line with analyst estimates, while sales of $4.306 billion beat estimates of $4.151 billion. The company now expects FY25 net sales to grow in the high-single-digit range on a constant-currency basis, an improvement from its previous guide of mid-single-digit growth. Additionally, Keurig Dr Pepper revised its financing plan for its acquisition of JDE Peet’s, securing two new strategic investment agreements worth $7 billion co-led by Apollo and KKR affiliates.

Chinese ADRs

+1.32%

Trading higher as a group following a strong overnight session on Monday, with the CSI 300 Index and the tech-heavy Hang Seng Index each closing more than 1% higher. These stocks are on watch this week ahead of a meeting between US President Trump and China’s President Xi scheduled to take place on Thursday. Separately, Baidu is trading sharply higher after announcing that it will host Baidu World 2025, its annual tech conference, on November 13.

BABA, BIDU, PDD, JD, BILI, LI, XPEV, NIO, FXI, KWEB

Amazon.com Inc (AMZN)

+1.97%

The company announced plans to invest $1.63 billion in the Netherlands over the next three years, marking its largest commitment there since launching in the region in 2020. Amazon, which employs about 1,000 people within the region and trails local leader Bol.com, views the Netherlands as a key growth market.

Strive Inc (ASST)

+38.18%

Gapping up after closing more than 27% higher on Friday. The stock’s rally began after investor Mike Alfred announced via a post on X that he purchased more than one million of the company’s shares. Strive recently announced plans to enter the crypto treasury space with a BTC treasury strategy.

Crypto Stocks

+4.03%

Trading sharply higher as a group in tandem with Bitcoin, which is poised for its fifth straight green session. The cryptocurrency traded above $116,300 on Monday before pulling back to trade near $115,500 as of 7:40 AM ET. Ethereum is also poised to net five straight days of gains, trading as high as $4,250 early on Monday.

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

Microsoft Corp (MSFT)

+1.27%

Australia’s competition regulator has sued the company, alleging it misled about 2.7 million customers into paying more for Microsoft 365 plans bundled with its AI tool Copilot. The regulator claims Microsoft failed to clearly disclose that a cheaper “classic” version of the software without Copilot was still available.

Quantum Stocks

+3.78%

Trading sharply higher as a group following a volatile week of trading, driven by a flurry of contradictory reports over whether or not the US government is in talks to take stake in any of these companies. The stocks gapped up on Thursday after the Wall Street Journal reported that discussions were taking place, paring those gains as a report from Yahoo Finance and denials from Commerce Department officials muddied the waters. Rigetti, Quantum Computing, D-Wave, and IonQ all closed the week red.

RGTI, QUBT, QBTS, IONQ

BIO-Key International (BKYI)

+146.72%

Gapping up after announcing a partnership with IT2Trust, through which BIO-Key will enter the Scandinavian market. The stock has a market capitalization of $5.29 million and a float of 5.64 million shares.