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

1100 - NY Fed inflation expectations for August
1500 - Consumer credit change for July: Expected $10.2B; Prior $7.37B

Robinhood Markets and AppLovin

+7.89%

Both stocks are set to join the S&P 500 Index, effective as of the opening bell on Monday, September 22. AppLovin will replace MarketAxess Holdings in the index, while Robinhood will replace Caesars Entertainment. Both stocks had been heavily favored as potential S&P 500 additions leading up to the announcement, with many traders seeing their inclusions as long overdue.

HOOD, APP

Tesla Inc (TSLA)

+1.34%

The company sold 57,152 vehicles in China in August, according to data from the China Passenger Car Association. This number marks a 9.9% year-over-year, Tesla’s sixth month of year-over-year sales declines in China in 2025, though volumes rebounded nearly 40% on a month-over-month basis. Separately, Baird reiterated its Neutral rating and $320 price target on the stock, citing ongoing near-term caution despite potential boons from CEO Elon Musk’s new pay package proposal.

Alibaba Group Holding Ltd (BABA)

+3.29%

Trading sharply higher premarket after unveiling Qwen-3-Max-Preview, its largest AI model to date with more than 1 trillion parameters. The new text-only model, part of the Qwen3 series, reportedly outperformed Alibaba’s previous flagship Qwen3-235B in internal tests. This release underscores the company’s push to rival OpenAI and Google DeepMind. Additionally, the company’s cloud unit led a $100 million funding round for X Square Robot, a Chinese startup focusing on humanoid robots.

Apple Inc (AAPL)

+0.12%

On watch ahead of its “Awe Dropping” event on Tuesday, September 9. The company is set to unveil the iPhone 17 lineup during the event, including the ultra-thin iPhone 17 Air, along with new Apple Watches, AirPods, and other possible surprises. The iPhone 17 series is expected to bring larger displays, faster charging, upgraded cameras, and new chipsets, while the Pro models add performance boosts and advanced photography features.

NVIDIA Corp (NVDA)

+0.48%

Citigroup lowered its price target on the stock from $210 to $200 while maintaining a Buy rating, citing reduced 2026 GPU sales estimates. The firm expects Nvidia could face a $12 billion revenue hit as Broadcom’s XPU gains traction in AI chip growth.

Roblox Corp (RBLX)

+0.13%

Several analysts are weighing in on the stock following the Roblox Developer’s Conference last week. BofA Securities raised its price target for Roblox to $171 from $159 while keeping a Buy rating, citing stronger long-term growth prospects despite slightly lower near-term margin estimates. The firm company rolled its forward valuation for Roblox to 40x EV/CY27 EBITDA, aligning the company with other high-growth large-cap software peers. Needham reiterated its Buy rating and $159 price target for the stock, highlighting strong product and platform updates at the conference.

Xpeng Inc (XPEV)

+3.37%

Trading sharply higher premarket after presenting at the IAA 2025 auto show in Munich, Germany. The company outlined an ambitious roadmap at the event, including mass-produced L4 autonomous cars by 2026, a flying car debuting in Dubai this October with production also targeted for 2026, and humanoid robots for factories the same year. The company also showcased its Next P7 sports sedan with a record 3,961 km run in 24 hours, while expanding into 46+ markets and opening a European R&D center in Munich.

QuantumScape Corp (QS)

+18.49%

The company, alongside Volkswagen’s PowerCo, unveiled the first live demo of solid-state lithium-metal batteries powering a Ducati electric motorcycle at IAA Mobility in Munich. The bike used QSE-5 battery cells made with QuantumScape’s Cobra production process, marking a milestone in next-gen EV battery technology. Approximately 12.8% of QuantumScape’s float is sold short.

Opendoor Technologies Inc (OPEN)

+6.62%

Gapping up amid continued recent strength. The stock gained nearly 50% during the previous trading week, netting double-digit gains on both Thursday and Friday, as social media hype around the stock continues to grow. Approximately 24.3% of the stock’s float is sold short.

EchoStar Corp (SATS)

+21.95%

Gapping up after announcing a $17 billion deal to sell its AWS-4 and H-block spectrum licenses to SpaceX, split between up to $8.5B in cash and up to $8.5B in SpaceX stock. As part of the agreement, SpaceX will also cover about $2B in EchoStar’s cash interest payments on debt through November 2027. AT&T, which previously announced plans to purchase EchoStar’s spectrum licenses in a $23 billion deal, is trading lower premarket.

Planet Labs PLC (PL)

+10.87%

Gapping up after its Q2 2025 earnings report. The company reported a smaller-than-expected loss of $0.03 per share, with sales of $73.386 million similarly beating estimates of $65.74 million. Planet Labs guided Q3 sales between $71 million and $74 million, exceeding expectations of $68.86 million. The company also raised its FY26 sales guidance to a range between $281 million to $289 million, missing estimates of $328.382 million.

Eightco Holdings (OCTO)

+371.03%

Gapping up after announcing a pivot towards a crypto treasury strategy. The company announced a $250 million private placement to initiate its Worldcoin treasury strategy, as well as a $20 million strategic investment from fellow treasury strategy company BitMine. Wedbush analyst Dan Ives has been announced as the new chairman of Eightco’s board. The company has a market capitalization of $4.41 million and a float of 2.47 million shares.