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

0900 - Phone call between President Trump and President Xi
1100 - Fed’s Miran speaks
1430 - Fed’s Daly speaks

Tesla Inc (TSLA)

+0.92%

Trading higher premarket after Baird upgraded the stock from Neutral to Outperform, raising its price target from $320 to $548. The upgrade was attributed to growing investor focus on Tesla’s long-term role in the emerging “physical AI” era despite recent weak quarters. Baird highlighted Tesla’s ambitious milestones—such as 20 million vehicle deliveries, 10 million FSD subscriptions, and 1 million robotaxis—that could drive valuations from $5.5 trillion to $12 trillion by 2035, implying shares between $1,400 and $3,000. Goldman Sachs raised its price target for Tesla from $300 to $395 while maintaining a Neutral rating.

Intel Corp (INTC)

-0.49%

The stock closed nearly 23% higher on Thursday after Nvidia announced that it will be investing $5B in the company as part of a collaboration between the two semiconductor brands. Later that night, US President Donald Trump shared an AI-generated image on Truth Social which depicted him looking at Intel’s chart on trading monitors in the White House. The image appears to reference the US government’s 10% stake in Intel, which was announced in August. Benchmark upgraded the stock to Buy with a $43 price target as of Friday morning.

NVIDIA Corp (NVDA)

-0.32%

The company has signed a letter of intent to potentially invest $500 million in Britain’s autonomous driving startup Wayve during its next funding round. The move follows a new technology pact between the US and the UK to strengthen collaboration in artificial intelligence and related sectors. Additionally, Nvida struck a cash-and-stock deal valued at more than $900 million to hire Enfabrica CEO Rochan Sankar and key staff while licensing the startup’s technology, which links over 100,000 GPUs into unified systems. The move, one of Nvidia’s largest acquihire-style deals, secures top talent and advanced networking capabilities to strengthen its AI data center infrastructure.

FedEx Corp (FDX)

+5.30%

Trading sharply higher premarket following its Q1 2026 earnings report, with adjusted earnings of $3.83 per share and sales of $22.2 billion beating estimates of $3.62 and $21.667 billion, respectively. The company guided sales between $91.443 billion and $93.202 billion for FY26, well above estimates of $89.051 billion, and projected adjusted EPS between $17.20 and $19 for the same period. FedEx also noted a $1 billion headwind for the fiscal year, driven in large part by the removal of the de minimis trade exemption earlier this year.

Apple Inc (AAPL)

+0.70%

Reuters reported that the company’s iPhone 17 series launch in China and India drew strong crowds, with the redesigned Pro Max model—priced from 9,999 yuan ($1,406)—emerging as the top seller thanks to its new color option and longer battery life. Analysts expect the successful debut to boost Apple’s market share in China, with shipments projected to rise 11% year-over-year in the second half of 2025 despite earlier declines.

Quantum Stocks

-2.81%

Pulling back as a group following strong performances on Thursday. IonQ closed more than 2% higher after signing a memorandum of understanding with the Department of Energy for the advancement of quantum technologies in space. Rigetti, meanwhile, gained more than 12% after scoring an Air Force Research Laboratory contract valued at $5.8 million over three years. All of the tickers in this group have short floats of greater than 10%.

IONQ, RGTI, QUBT, QBTS

MoneyHero Ltd (MNY)

-3.15%

Trading lower premarket following its Q2 2025 earnings report. The company reported quarterly sales of $18.022 million, below estimates of $19.924 million, though adjusted EBITDA losses improved by 79% on a year-over-year basis. MoneyHero also announced plans to scale its insurance and wealth verticals so that they comprise 30% of total revenue.

AGM Group Holdings Inc (AGMH)

+184.75%

Gapping up after a Form 6-K filing revealed that the company’s Hong Kong subsidiary finalized its $57.45M sale of Nanjing Lucun Semiconductor Co. According to the filing, the unit was sold to Hong Kong Giant Electronics on May 7, 2025. The stock has a market capitalization of $4.5 million and a float of $1.83 million shares, roughly 8.9% of which are sold short.

Chijet Motor Co Inc (CJET)

+75.72%

Gapping up after announcing the appointment of Jason Miller as COO in order to lead the company through its transition into the crypto treasury space. The company intends to incorporate cryptocurrencies like Bitcoin, Ethereum, and Solana into its balance sheet under the leadership of Miller, whose expertise lies in blockchain and emerging technologies. Chijet Motor has a market capitalization of $1.92 million and a float of 15.67 million shares.