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

0830 - Chicago national activity index for August: Prior -0.19
0945 - Fed’s Williams speaks
1000 - Fed’s Musalem speaks
1200 - Fed’s Barkin speaks
1200 - Fed’s Hammack speaks
1200 - Fed’s Miran speaks

Meta Platforms and Oracle Corp

+0.44%

On Friday afternoon, Bloomberg reported that Oracle is in advanced talks with Meta on a potential $20 billion multiyear cloud deal to supply computing power for AI model training and deployment. The agreement has the potential to grow in size and underscores Oracle’s rising role as a major AI infrastructure provider, boosting its cloud momentum amid competition with the likes of Amazon, Microsoft, and Google. Separately, US President Donald Trump once again named Oracle co-founder and CTO Larry Ellison as one of the key investors in a proposed deal to keep TikTok in the US.

META, ORCL

Kenvue Inc (KVUE)

-4.63%

Trading sharply lower premarket after the Washington Post reported that the Trump administration is preparing to announce new autism-related initiatives, including cautioning against early pregnancy use of acetaminophen (Tylenol) over possible links to autism. The administration is also reportedly set to highlight leucovorin (folinic acid) as a potential treatment based on promising early trials. President Donald Trump’s official schedule shows an “announcement on significant medical and scientific findings for America’s children” at 4:00 PM ET on Monday, September 22.

Microsoft, Alphabet, and Amazon.com

-0.66%

Major US tech firms are on watch after President Donald Trump proposed a $100,000 annual fee for new H-1B visas, sparking concerns about higher labor costs and limited access to skilled workers. Analysts expect the overall impact to be moderate but warn it could drive up wages. Google is also in focus as it faces a key antitrust trial over its advertising business, which is set to kick off on Monday.

MSFT, GOOGL, AMZN

Crypto Stocks

-2.06%

Trading lower as a group in tandem with declines in Bitcoin and Ethereum. Bitcoin opened Monday’s session above $115,000 and reached session lows of $112,000 shortly thereafter, while Ethereum opened near $4,450 before dropping as low as $4,060. As of 7:15 AM ET on Monday, the cryptocurrencies were trading around $113,000 and $4,180, respectively.

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

Tesla Inc (TSLA)

+0.84%

Trading marginally higher after Piper Sandler raised its price target on the stock from $400 to $500. The price target increase followed a visit to China, during which the analyst noticed the strength of local EV makers but also their reliance on Tesla’s innovations. While Chinese competitors pose a significant challenge with vertical integration, Piper Sandler noted that Tesla remains the leader in real-world AI and the top investment choice in autonomous vehicles and robotics. On Friday, the company received approval to test its robotaxis in Arizona.

Apple Inc (AAPL)

+0.53%

Analysts from Wedbush and Jefferies have weighed in on the stock ahead of Monday’s session. Wedbush raised Apple’s price target from $270 to $310 and maintained its Outperform rating due to stronger-than-expected early demand for the iPhone 17, particularly the Pro models. Analysts led by Dan Ives project that iPhone shipments could reach 240–250 million in FY26, with China expected to play a key role in driving growth. Jefferies, meanwhile, commented on strong iPhone 17 demand in China but noted weaker performance in the U.S. market. With resale data showing no premium for base and Air models and only the Pro Max holding up, the firm warns Apple’s average selling prices could be at risk.

NVIDIA Corp (NVDA)

-0.66%

The company, alongside Abu Dhabi’s Technology Innovation Institute (TII), has launched the first Nvidia AI Technology Center in the Middle East to develop next-generation AI models and robotics platforms. The partnership gives TII access to Nvidia’s edge GPU chips to advance research in humanoids, robotic arms, and four-legged robots.

Snap Inc (SNAP)

+6.13%

Gapping up after gaining more than 11% during the previous week of trading, which featured the largest weekly trading volume in the stock’s history. This move was driven in part by the launch of Snap OS 2.0, a major upgrade to its Spectacles AR glasses. Investor optimism was further boosted by heightened discussion around a deal for TikTok’s US operations, positioning Snap as a potential beneficiary of its rival’s challenges.

Pfizer Inc (PFE)

+1.58%

Trading higher premarket after the Financial Times reported that the company is nearing a $7.3 billion deal to acquire Metsera Inc, which would give Pfizer access to the experimental weight-loss drug MET-097i. The acquisition offers Pfizer a chance to compete in the next-generation obesity treatment market after its own drug, danuglipron, failed in trials.

Intel Corp (INTC)

-1.21%

Pulling back after closing nearly 23% higher last week, driven by news of a $5 billion investment from Nvidia. In a letter published by Fortune on Friday evening, four former Intel directors urged the company to go private and separate its design and manufacturing units to restore competitiveness against rivals like TSMC. Their plan calls for government and major tech firm involvement to fund a new foundry and spin off design businesses in order to secure jobs, national security, and long-term value for shareholders.

Quantum Computing Inc (QUBT)

-11.99%

Gapping down after announcing plans to raise $500 million through an oversubscribed private placement of 26.9 million shares of common stock with institutional investors. The offering, priced at market under Nasdaq rules, is expected to close around September 24, 2025, pending customary conditions. Just over 20% of the stock’s float is sold short.

T-Mobile US Inc (TMUS)

-0.89%

Trading marginally lower premarket after announcing that Mike Sievert will be ending his tenure as the company’s CEO, effective November 1, 2025. Sievert will remain with the company in the newly-created position of Vice Chairman, and COO Srini Gopalan will succeed Sievert as CEO.

Qualigen Therapeutics Inc (QLGN)

+189.08%

Faraday Future and its co-CEO YT Jia are leading a $41 million PIPE investment in Qualigen Therapeutics, acquiring approximately 55% of its common shares and planning to expand into crypto and Web3-related businesses. Faraday Future executives will take key leadership roles at Qualigen following the deal’s closure, which could include board nomination rights and participation in future financings. Qualigen has a market capitalization of $4.82 million and a float of 1.56 million shares.