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

0830 - PPI y/y for August: Expected 3.3%; Prior 3.3%
0830 - PPI m/m for August: Expected 0.3%; Prior 0.9%
0830 - Core PPI y/y for August: Expected 3.5%; Prior 3.7%
0830 - Core PPI m/m for August: Expected 0.3%; Prior 0.9%
0930 - Supreme Court cert on tariffs (tentative)
1000 - Wholesale inventories m/m for July: Expected 0.2%; Prior 0.3%

Oracle Corp (ORCL)

+31.52%

Gapping up after its Q1 2026 earnings report, during which the company announced lofty guidance for its cloud infrastructure growth. Oracle projects its cloud infrastructure revenue will grow 77% to $18 billion this fiscal year and expand to $144 billion over the next five years, noting that most of this growth is already secured in its remaining performance obligations (RPO). The company reported adjusted earnings of $1.47 per share and sales of $14.926 billion for Q1 2026, missing estimates of $1.48 and $15.035 billion, respectively.

Apple Inc (AAPL)

-0.34%

On watch after its “Awe-Dropping” event on Tuesday. The company unveiled four new iPhone 17 models during the event, including its ultra-slim iPhone 17 Air, and introduced other upgraded products like the AirPods Pro 3 and the Apple Watch Series 11. Wedbush analyst Dan Ives maintained an Outperform rating and $270 price target on the stock following the event, citing the probability of a major upgrade cycle ahead taking place over the next sixteen to eighteen months. Analysts including Rosenblatt and Evercore ISI raised their price targets on the stock.

GameStop Corp (GME)

+11.19%

Gapping up after its Q2 2025 earnings report, with adjusted earnings of $0.25 per share and sales of $972 million beating estimates of $0.16 and $823.245 million, respectively. The company announced a special dividend of one warrant per every ten GameStop shares held; each warrant will allow for the purchase of one GameStop share at $32 per share, and up to 59 million warrants will be distributed. GameStop also announced that its Bitcoin holdings were valued at $528.6 million by the end of the quarter.

Klarna Group PLC (KLAR)

0.00%

The buy-now, pay-later firm is set to debut on the NYSE today after raising $1.37 billion in its US IPO, selling 34.3 million shares at $40 each. Klarna’s listing was oversubscribed 25 times, signaling strong investor demand and setting the stage for more high-growth fintech debuts.

Chewy Inc (CHWY)

-7.36%

Gapping down after its Q2 2025 earnings report. The company posted adjusted earnings of $0.33 per share, beating estimates of $0.14, and reported sales of $3.104 billion, better than the expected $3.08 billion. Chewy raised its sales guide for FY25 to $12.5 billion-$12.6 billion, compared to estimates of $12.578 billion, and projected adjusted EBITDA margins between 5.4% and 5.7% for the same period. The company also provided better-than-expected sales and EPS guidance for Q3.

Synopsys Inc (SNPS)

-23.06%

Gapping down after its Q3 2025 earnings report, with adjusted earnings of $3.39 per share and sales of $1.739 billion missing estimates of $3.74 and $1.768 billion, respectively. The company provided new adjusted EPS guidance between $12.76 and $12.80 for the fiscal year, well below its previous range of $15.11-$15.19 and missing estimates of $15, and raised its sales guidance for the same period. Similarly, Synopsys provided weaker-than-expected EPS projections and stronger-than-expected sales guidance for Q4 2025.

Palantir Technologies Inc (PLTR)

+2.54%

Trading higher premarket after announcing a partnership with UK defense tech firm Hadean to deliver AI-driven battlefield simulations and command tools for the UK Armed Forces. The collaboration will integrate Hadean’s £20M Ministry of Defence contract with Palantir Foundry, enabling classified wargaming and decision-support systems in the coming months. Palantir may also be trading higher following Oracle’s strong cloud infrastructure revenue guidance through FY 2030, which is benefitting several AI stocks premarket.

Novo Nordisk A/S (NVO)

+1.20%

Trading higher premarket after announcing a major restructuring that will cut 9,000 jobs and streamline operations while shifting more resources toward its core diabetes and obesity businesses. The company also lowered its 2025 operating profit growth outlook to 4%–10% from the prior 10%–16% at constant exchange rates.

Alphabet Inc (GOOGL)

+0.10%

The company’s Google Cloud expects at least $58 billion in revenue over the next two years, according to comments made by unit head Thomas Kurian at the Goldman Sachs Communacopia + Technology Conference on Tuesday. The unit, now running at over a $50 billion annual revenue rate, is gaining momentum with a 28% rise in new customers and adoption by nine of the ten largest AI labs.

Hims & Hers Health Inc (HIMS)

+2.01%

Trading higher premarket after Bloomberg reported that the company is launching its first treatments for men with low testosterone, starting with a compounded version of enclomiphene. This reported launch arrives as the company looks to offset slowing weight-loss drug sales. Pricing will range from $199 per month on a three-month plan to as low as $99 per month on longer-term plans, with future offerings planned for women’s hormonal health.

Rubrik Inc (RBRK)

-2.79%

Trading lower premarket after its Q2 2025 earnings report. The company posted losses of $0.03 per share, better than the estimated $0.34-per-share loss, with sales of $309.86 million beating estimates of $282.218 million. Rubrik raised its EPS and sales guidance for FY26, both of which well exceed analyst estimates, and guided better-than-expected sales and EPS for Q3 2025.

Cuprina Holdings (Cayman) Ltd (CUPR)

+237.61%

The stock, which has a market capitalization of $15.06 million and a float of 7.37 million shares, is gapping up. On Tuesday morning, the company announced that it has secured exclusive licensing rights to a UN-backed medical waste recycling technology. Approximately 12.6% of the stock’s float is sold short.