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

0830 - Durable goods orders m/m for August: Expected -0.3%; Prior -2.8%
0830 - GDP growth rate q/q for Q2: Expected 3.3%; Prior 3.3%
0830 - Initial jobless claims: Expected 233k; Prior 231k
0900 - Feds Williams and Schmid speak
1000 - Existing home sales for August: Expected 3.95M; Prior 4.01M
1000 - Fed’s Bowman speaks
1300 - Fed’s Barr speaks

Intel Corp (INTC)

+2.73%

Reuters reported that the company has approached Apple about a potential investment and deeper collaboration, though talks remain preliminary. The move comes as Intel -already backed by Nvidia, SoftBank, and even the U.S. government - seeks strategic partnerships to regain competitiveness in the semiconductor space amid pressure from former board members to go private.

Opendoor Technologies Inc (OPEN)

+7.65%

Gapping up after Jane Street disclosed a stake in the company via a 13G filing. According to the filing, Jane Street holds 44,031,310 Opendoor shares, amounting to 5.9% of the company’s outstanding stock. Opendoor rallied on Wednesday’s session, partially driven by stronger-than-expected new home sales data.

Apple Inc (AAPL)

+0.28%

The company urged the European Union to repeal the Digital Markets Act (DMA), arguing that the law delays feature rollouts and raises privacy and security risks for EU users. The request comes as the European Commission conducts its first review of the DMA’s effectiveness, including its impact on emerging technologies like AI.

Circle Internet Group Inc (CRCL)

-0.90%

Heath Tarbert, president of Circle, indicated that the company is exploring a potential “reversible” mechanism for its USDC stablecoin transactions to address fraud and hacks. This move, reported by the Financial Times citing Tarbert, would mark a major shift from the crypto industry’s focus on blockchain immutability. Circle is also testing a new blockchain called Arc for institutional use in payments and foreign exchange deals.

Accenture PLC (ACN)

+0.80%

On watch after its Q4 2025 earnings report, with sales of $17.6 billion and adjusted earnings of $3.03 per share beating estimates of $17.358 billion and $2.96, respectively. The company guided GAAP earnings between $13.19 and $13.57 per share for FY26, above estimates of $12.88; its FY26 sales forecast of $66.194 billion to $68.141 billion, however, missed estimates of $69.434 billion. Accenture projected sales between $18.1 billion and $18.75 billion for Q1 2026, compared to estimates of $18.415 billion.

NVIDIA Corp (NVDA)

-1.07%

Barclays raised its price target for the stock to $240 from $200, citing a surge in announced AI compute and networking deployments that could drive $1.5 trillion in spending and 19 million GPUs over the next five years. The bank introduced an AI capacity tracker to monitor power, chips, and deployments, noting that NVIDIA is likely to capture the bulk of this demand.

Micron Technology Inc (MU)

-1.68%

Trading lower premarket after Reuters reported that China’s state-backed YMTC is preparing to enter the DRAM market, which would make the company a competitor for Micron. The report suggests that YMTC is working on advanced HBM chips for AI processors, as well as developing TSV packaging for stacked DRAM. YMTC may allocate part of its new Wuhan fab to DRAM production, adding to its existing NAND fabs with 160,000 wafer/month capacity.

CarMax Inc (KMX)

-11.91%

Gapping down following its Q2 2025 earnings report, with earnings of $0.64 per share and sales of $6.594 billion missing estimates of $1.09 and $7.024 billion, respectively. Retail used unit sales dropped by 5.4% year-over-year, comparable sales of used units decreased by 6.3%, and wholesale units declined by 2.2%.

Alphabet Inc and Cipher Mining

+0.94%

Alphabet’s Google is acquiring a 5.4% stake in Cipher through warrants tied to a 10-year AI hosting deal initially valued at $3 billion, potentially rising to $7 billion. Cipher will provide 168 MW of IT load at its Texas site by September 2026, with Google also backing $1.4 billion in lease obligations to support project financing. Alphabet is trading lower premarket, while Cipher is trading sharply higher.

GOOGL, CIFR

Oklo Inc (OKLO)

-7.35%

Goldman Sachs initiated coverage on the stock with a Neutral rating and $117 price target, commenting on Oklo’s work on its Aurora Powerhouse sodium-cooled fast reactor. The analyst noted that Oklo’s future commercialization model for the project increases control but carries higher financial and capital risks, while relying on scarce HALEU fuel. Goldman Sachs emphasized strong policy tailwinds, rising electricity demand, and Oklo’s large customer pipeline as potential catalysts, with upcoming NRC licensing and purchase agreements expected to support the stock’s valuation.

BlackBerry (BB)

+0.94%

The company reported adjusted earnings of $0.04 per share and sales of $129.6 million for Q2 2025, beating estimates of $0.01 and $122.058 million, respectively. BlackBerry guided Q3 adjusted earnings between $0.02 and $0.04 per share, in line with estimates of $0.03, but the lower end of its quarterly sales guide came in just below estimates. For FY26, BlackBerry raised its adjusted EPS and sales guidance; its EPS guide now exceeds estimates, though its sales guide is still lower than expected.

Lithium Americas Corp (LAC)

+21.80%

Gapping up for the second day in a row as traders digest reports that the Trump administration is seeking an equity stake in the company. Both parties are in talks to renegotiate a $2.26 billion loan related to Lithium Americas’ Thacker Pass project. The stock has a market capitalization of $3.4 billion, and approximately 15.06% of its share float is sold short.

PepGen Inc (PEPG)

+143.61%

Gapping up after announcing positive clinical data for its treatment of myotonic dystrophy type 1. Immediately following the announcement, the company launched a proposed public offering; hours later, PepGen priced the $100 million offering at $3.20 per share for 31.25 million shares.