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

0800 - Fed’s Hammack speaks
1000 - Pending home sales m/m: Expected 0%; Prior -0.4%
1330 - Fed’s Williams speaks
1330 - Fed’s Musalem speaks
1800 - Fed’s Bostic speaks

Cannabis Stocks

+13.73%

Gapping up after US President Trump shared a video on Truth Social which posited that cannabidiol (CBD) could "revolutionize senior healthcare" as an alternative to prescription drugs. The post follows Trump’s earlier comments in August about potentially reclassifying marijuana, which could ease criminal penalties and expand medical use.

ACB, TLRY, CGC, MSOS

Intel Corp (INTC)

-1.58%

Taiwan Semiconductor denied rumors of investment or partnership talks with Intel, rejecting a Wall Street Journal report suggesting that Intel reached out to the company to discuss a joint venture or other form of collaboration. As per a report from the Taipei Times, Taiwan Semi Chairman C.C. Wei clarified that no such discussions have taken place. Intel has received heightened attention from investors in recent weeks and months as both the US government and chip giant Nvidia announce investments in the company.

Apple Inc (AAPL)

-0.14%

Bloomberg reported that the US labor board has withdrawn multiple allegations against Apple, including claims that CEO Tim Cook violated labor law with a 2021 email about leaks. The board also dropped accusations that Apple imposed unlawful confidentiality rules or surveilled employees. Separately, supply chain analyst Ming-Chi Kuo noted that the company’s iPhone sales in China have likely bottomed and now threaten Xiaomi’s market momentum. Kuo warned that Xiaomi’s underperforming 17 Series faces added pressure as Apple prepares to launch a new iPhone SE in early 2026 and a premium lineup later in the year.

Carnival Corp (CCL)

+1.73%

Trading higher premarket with volume ahead of its Q3 2025 earnings report, set to be released at 9:15 AM on Monday, September 29. Analysts are looking for the company to post earnings of $1.32 per share and sales of $8.05 billion.

Tesla Inc (TSLA)

+0.57%

Benchmark reiterated a Buy rating and $475 price target on the stock. The analyst expects Tesla to report 442,000 deliveries for Q3 deliveries, below most Street estimates but representing a strong rebound from 384,000 deliveries in Q2. Benchmark noted that the stock’s rally this month has raised expectations and flagged potential short-term demand “air pockets” in Q4 from policy changes, though the analyst views them as temporary. Additionally, the company is taking to social media to encourage customers to finalize purchases before the September 30 federal EV tax credit deadline.

Electronic Arts (EA)

+5.09%

The stock closed nearly 15% higher on Friday after the Wall Street Journal reported that the company is nearing a deal to go private. This deal, which will reportedly value the firm at up to $50 billion, could be the largest leveraged buyout in history. The buyout is reportedly led by Silver Lake and Saudi Arabia’s Public Investment Fund. As of Monday morning, the company was reportedly near an agreement to be bought out for roughly $210 per share. Both Wedbush and Freedom Capital Markets downgraded the stock.

Novo Nordisk A/S (NVO)

-3.08%

The company’s US-listed shares are trading lower premarket following a downgrade from Morgan Stanley. The analyst cut its rating on the stock from Overweigh to Equal-Weight, citing slowing US prescriptions, increased competition, and pricing pressures. The bank forecasts 5% sales growth in 2026, below consensus, and warned of limited momentum for key drugs like Ozempic, Wegovy, and Rybelsus.

Amazon.com Inc (AMZN)

+1.03%

On watch following the announcement of a multi-year partnership between Amazon Web Services and financial software company Murex, through which the latter will scale its MX.3 platform into managed services and expand its cloud-based offerings. The deal enhances Murex’s MXSaaS and XVA as a Service solutions, enabling financial institutions to access scalable risk analytics, faster deployments, and regulatory compliance.

Barrick Mining Corp (B)

-0.67%

On watch after announcing the departure of Mark Bristow as President and CEO, effective immediately. Mark Hill, a longtime veteran of Barrick who most recently led the company’s Latam and Asia Pacific regions, has been appointed Interim President and CEO. Hill will also serve as Group COO. The company also noted that their performance continues to align with their guidance for the fiscal year, as outlined in their most recent earnings report.

JFB Construction Holdings (JFB)

+89.34%

Gapping up after announcing a private placement with American Ventures valued at roughly $44 million. The stock has a float of approximately 3.01 million shares and a market capitalization of $65.07 million.