^{_{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 September: Expected 1.85; Prior -0.3
0830 - Initial jobless claims: Expected 240k; Prior 263k
0920 - Press conference w/ President Trump and UK Prime Minister Starmer
1000 - Leading index change m/m for August: Expected -0.2%; Prior -0.1%

Intel Corp and NVIDIA Corp

+4.32%

The companies announced a collaboration to develop integrated data center and PC products, combining Nvidia’s AI and GPU technologies with Intel’s x86 CPUs. As part of the partnership, Nvidia will invest $5 billion in Intel via a stock purchase at $23.28 per share. The companies are also set to work on Nvidia-custom x86 CPUs for AI infrastructure and x86 system-on-chips integrating Nvidia RTX GPU chiplets for high-performance PCs. Nvidia is trading sharply higher on the news, while Intel is gapping up nearly 30%.

INTC, NVDA

Meta Platforms Inc (META)

+0.68%

Trading marginally higher premarket following CEO Mark Zuckerberg’s keynote at the Meta Connect event on Wednesday evening. The company unveiled its first consumer-ready smart glasses with a built-in display, the $799 Ray-Ban Display, alongside a wristband controller that translates hand gestures into commands; Meta also revealed its $499 Oakley Vanguard glasses. Zuckerberg referred to smart glasses as the ideal gateway to AI “superintelligence” during his keynote, though the on-stage demo for the Ray-Ban Display featured a technical snag. The glasses are available as of September 30, 2025.

Alphabet Inc (GOOGL)

+1.31%

On watch after the Financial Times reported that China is ending its antitrust probe into the company as trade talks with Washington intensify over TikTok and Nvidia. The move signals Beijing’s tactical shift to use Nvidia as leverage while showing flexibility by easing pressure on Google.

IonQ Inc (IONQ)

+5.13%

Trading sharply higher after announcing a memorandum of understanding with the US Department of Energy to advance quantum technologies in space. The agreement includes developing orbital demonstrations for quantum-secure communications, as well as exploring navigation, timing, networking, and sensing applications.

Apple Inc (AAPL)

+0.51%

Bloomberg reported that the company is in talks with suppliers to set up a pilot production line in Taiwan for foldable iPhones, aiming to test equipment and processes before scaling up in India. The plan is part of Apple’s push to diversify away from China and aligns with its 2026 production target of about 95 million iPhones, the highest in years.

Amazon.com Inc (AMZN)

+0.57%

A judge ruled that the company violated consumer protection law by collecting Prime subscribers’ billing information before disclosing service terms, giving the FTC a partial win in its lawsuit. The ruling also held two Amazon executives liable if violations are proven and barred the company from arguing that the Restore Online Shoppers Confidence Act does not apply to Prime signups.

Netskope Inc (NTSK)

0.00%

The cybersecurity firm is set to make its Nasdaq debut on Thursday via an initial public offering. Netskope sold roughly 47.8 million shares at $19 each, at the top end of its expected pricing range and above its original price range of $15-17; this pricing values the company at $7.3 billion. This IPO follows tepid reception for Stubhub, which closed lower on its first day of trading on Wednesday.

Novo Nordisk A/S (NVO)

+6.92%

The company reported positive late-stage trial results for its once-daily oral obesity pill, which showed an average 16.6% weight loss over 64 weeks with safety and tolerability similar to its blockbuster Wegovy injection. Novo Nordisk highlighted the pill as a major alternative to its weekly injection, offering patients greater flexibility in treatment options.

Palantir Technologies Inc (PLTR)

+1.15%

Trading higher premarket after the company announced a strategic $2 billion investment with the U.K. government, establishing its European defense headquarters and creating up to 350 high-skilled jobs. The partnership will deploy AI-backed military technologies, enhancing decision-making and defense capabilities, with Palantir investing $1 billion in advanced AI-enabled defense tools already proven in Ukraine. The deal was first reported by the Times on Wednesday afternoon, though the report indicated that the deal was valued at 750 million pounds.

Tesla Inc (TSLA)

+1.25%

The company is considering a redesign of its electronic door handles to combine manual and electronic releases, according to design chief Franz Von Holzhausen. The move comes amid investigations into over 174,000 Model Y vehicles, as well as proposed restrictions in China. Separately, Tesla Chairperson Robyn Denholm praised CEO Elon Musk as a “once-in-a-generation visionary” in a message to shareholders, urging investors to approve Musk’s new compensation package.

Reddit Inc (RDDT)

+2.49%

On Wednesday, Bloomberg reported that the company is in talks with Google to renegotiate their $60 million content-licensing deal. Reddit is reportedly angling for a framework that better reflects the growing value of the company’s data in search and generative AI. The company is exploring dynamic pricing tied to AI usage and deeper integration with Google products to boost user engagement and enhance dataset quality. Additionally, CEO Steve Huffman has been asked by a US House Committee to testify at a hearing on October 8, alongside the CEOs of companies like Discord and Steam.

Bullish (BLSH)

+9.37%

Gapping up following its Q2 2025 earnings report, the company’s first earnings report since its IPO in August. Bullish posted earnings of $0.93 per share, up from a $1.03-per-share loss in Q2 2024, with sales of $58.631 million also improving on a year-over-year basis. The company guided Q3 sales between $69 million and $76 million, and projected trading volume between $133 billion and $142 billion for the same quarter.

Cracker Barrel Old Country Store Inc (CBRL)

-6.94%

Gapping down after its Q4 2025 earnings report. Adjusted earnings of $0.74 per share missed estimates of $0.80, but sales of $868.009 million beat estimates of $855.295 million. The company guided sales between $3.35 billion and $3.45 billion for FY26, missing estimates of $3.471 billion.

Red Cat Holdings Inc (RCAT)

-11.09%

Gapping down after announcing a $150 million offering of common stock at $9.60 per share. The company has a market capitalization of $1.12 billion; approximately 23.85% of the stock’s float is sold short.

AtlasClear Holdings Inc (ATCH)

+29.01%

Gapping up after securing $3 million in financing through issuing promissory notes to strategic investors. The stock, which has rallied in the past, has a market capitalization of $25.27 million with a 13-million-share float; roughly 9.8% of its float is sold short.