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

0900 - Fed’s Bowman speaks
0945 - S&P services PMI for September: Expected 54; Prior 54.5
0945 - S&P manufacturing PMI for September: Expected 52.2; Prior 53
0945 - S&P composite PMI for September: Expected 54; Prior 54.6
1000 - Richmond Fed composite index for September: Expected -5; Prior -7
1000 - Fed’s Bostic speaks
1235 - Fed Chair Powell speaks

NVIDIA Corp (NVDA)

-0.80%

The stock closed nearly 4% higher on Monday after the company announced a massive deal with OpenAI. The partnership involves the deployment at least 10 gigawatts of Nvidia-powered systems, with Nvidia investing up to $100 billion in AI infrastructure starting in 2026. The buildout, equivalent to 4–5 million GPUs, is aimed at supporting OpenAI’s next-generation goals. However, some antitrust experts have raised concerns that the deal will be construed as anti-competitive.

Tesla Inc (TSLA)

+0.99%

Trading higher premarket on strong China registrations data for the week ending September 21, as per CnEV Post. Tesla recorded 17,200 vehicle registrations during the week, up 12.7% week-over-week and up 25.6% year-over-year. This week was Tesla’s third-strongest in 2025 thus far in terms of vehicle registrations in China. Additionally, UBS raised its Q3 delivery forecast for Tesla to 475,000 units, roughly 8% above Street consensus and implying 24% growth on a quarterly basis.

Kenvue Inc (KVUE)

+4.77%

The stock is rebounding after US President Donald Trump and his administration linked acetaminophen use during pregnancy to autism and directed the FDA to issue new safety warnings on Tylenol and similar products. Kenvue, the maker of Tylenol, rejected the claim, warning that discouraging acetaminophen could put pregnant women at risk by limiting safe options for managing pain and fever. Kenvue’s stock sold off throughout Monday’s session in anticipation of the post-market announcement, which was heavily reported ahead of time.

Microsoft, Alphabet, and Apple

-0.34%

The Financial Times reported that the EU will demand information from all three companies - in addition to Booking Holdings (BKNG) - under the Digital Services Act. The probe aims to assess whether these companies are doing enough to combat online financial fraud, which costs the bloc over €4bn annually. Regulators will scrutinize app stores, search engines, and accommodation listings, with potential investigations and fines if the companies are found negligent.

MSFT, GOOGL, AAPL

Amazon.com Inc (AMZN)

+0.23%

The company is facing a trial with the FTC over allegations it used manipulative “dark pattern” designs to make enrolling in Prime easy but canceling difficult. Amazon’s Prime service, at the center of the dispute, generates billions in revenue and has nearly 200 million US subscribers. Jury selection began on Monday, as reported by CNN, and the is case expected to last about a month.

IonQ Inc (IONQ)

+2.72%

The company, with support from the Air Force Research Lab, achieved a key breakthrough by converting photons from visible to telecom wavelengths. The achievement enables long-distance quantum communication over existing fiber networks. This milestone advances IonQ’s vision of building a Quantum Internet that connects quantum computers securely across vast distances. Roughly 15.7% of the stock’s float is sold short.

CoreWeave (CRWV)

+2.35%

Trading higher premarket after Wells Fargo upgrade the stock from Equal Weight to Overweight and raised its price target from $105 to $170. The upgrade was attributed to strong demand signals and ongoing hyperscaler supply shortages expected through early 2026. The firm noted that Nvidia’s commitment to buy unused capacity through 2032 gives CoreWeave a major advantage to aggressively expand capacity.

The Boeing Company (BA)

+2.23%

Bloomberg reported that President Recep Tayyip Erdogan of Turkey is preparing to purchase hundreds of Boeing airliners and Lockheed Martin fighter jets while seeking over $10 billion in local production deals to offset costs. The plans, subject to President Trump’s approval during Erdogan’s upcoming White House visit, come as Turkey tries to repair strained US relations over its Russian missile-defense system purchase and other disputes. Trump separately indicated that Uzbekistan Airways has agreed to purchase up to 22 of Boeing’s 787 Dreamliners.

CleanSpark Inc (CLSK)

+5.53%

Gapping up after announcing plans to expand its Bitcoin-backed credit facility with Coinbase Prime by $100 million. The financing will fund growth in Bitcoin mining, energy assets, and new high-performance computing initiatives, marking a shift beyond CleanSpark’s Bitcoin-only focus. Approximately 19.6% of the stock’s float is sold short.

Cassava Sciences Inc (SAVA)

+19.78%

Gapping up after CEO Richard Barry filed for a purchase of the company’s shares. A filing with the SEC shows that Barry purchased 237,941 shares of Cassava for $2.25 per share. Roughly 14.6% of the stock’s float is sold short.

Super League Enterprise Inc (SLE)

+169.51%

Gapping up after announcing a private placement and financing agreement with Evo Fund, a digital asset treasury investor. Evo Fund will anchor the agreement with a $10 million strategic equity investment into Super League, with the latter company set to receive $12 million to $20 million in gross proceeds as a result of the placement. The stock has a market capitalization of $3.65 million and a float of 1.01 million shares, approximately 12.2% of which are sold short.