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

1000 - Quarterly employment and wages for Q1 2025

Apple Inc (AAPL)

-0.33%

On watch ahead of the company’s “Awe-Dropping” product reveal event, slated to begin at 1:00 PM ET on Tuesday, September 9. Apple is expected to debut its thinnest-ever iPhone, highlighted by the all-new iPhone Air alongside the iPhone 17, 17 Pro, and 17 Pro Max, while also unveiling the Apple Watch Series 11, updated AirPods with rumored live translation, and launch dates for iOS 26 and macOS Tahoe. These product reveals come as U.S. tariffs on Chinese imports threaten Apple’s supply chain and pricing, though CEO Tim Cook has sought to mitigate the impact by shifting production to India and stockpiling devices ahead of potential hikes.

Nebius Group NV (NBIS)

+50.08%

Gapping up after signing a multi-year agreement to provide AI infrastructure to Microsoft, with dedicated capacity coming from its new Vineland, New Jersey data center starting later this year. The company plans to finance the project through deal-related cash flow and debt secured against the contract, while also exploring additional funding options to accelerate AI cloud growth beyond 2026. The deal is valued at up to $19.4 billion over five years.

Eightco Holdings Inc (OCTO)

+14.44%

Continuing to trade higher premarket after closing more than 3,000% higher to end Monday’s session. The rally was driven by the company’s adoption of a Worldcoin treasury strategy, which it is kickstarting through a $250 million private placement and a $20 million strategic investment from fellow crypto treasury company BitMine. Wedbush analyst Dan Ives was also appointed as chairman of Eightco’s board. The stock has a float of approximately 2.47 million shares.

Tesla Inc (TSLA)

+0.14%

The company’s vehicle registrations in China from September 1-7 increased on a week-over-week basis, as reported by CnEVPost. Tesla recorded 14,300 registrations during that period, marking a 14.4% gain compared to 12,500 registrations recorded the previous week. This incline comes as competitors like BYD, Nio, Xpeng, and Li Auto all experienced week-over-week declines in vehicle registrations.

UnitedHealth Group Inc (UNH)

+4.71%

Trading sharply higher premarket amid a series of meetings with analysts and investors taking place from September 8 to 10. The company disclosed preliminary CMS Medicare Advantage star ratings for Star Year 2026/Payment Year 2027, with about 78% of its membership enrolled in plans rated 4 stars or higher. On Monday, UnitedHealth reaffirmed its previously-stated EPS guidance for FY25.

CoreWeave (CRWV)

+5.40%

Trading sharply higher premarket in sympathy with fellow AI infrastructure play Nebius, which announced a multi-year cloud computing deal with Microsoft. Separately, the company launched CoreWeave Ventures, a new initiative to support founders and companies building AI infrastructure, tools, and applications. The program will provide capital, compute, and technical expertise to accelerate innovation and expand the AI ecosystem.

Chinese ADRs

+1.14%

Many names in the group are trading higher premarket following a strong showing during the overnight session in China, with the Hang Seng Index nearing a four-year high. This strength was attributed to increasing odds of a Fed rate cut at the upcoming FOMC meeting. Alibaba was particularly strong following the launch of Qwen-3-Max-Preview, its most advanced AI model with over 1 trillion parameters; the launch led to gains in Alibaba’s US-listed stock on Monday. Meanwhile, EV stocks like Li Auto, Nio, and Xpeng are moving lower after recording week-over-week declines in vehicle registrations for September 1-7.

BABA, BIDU, BILI, PDD, JD, LI, NIO, XPEV, FXI, KWEB

Advanced Micro Devices Inc (AMD)

-0.17%

HSBC cut its price target on the stock to $185 from $200 while keeping a Buy rating. The analyst attributed the cut to lower assumed average selling prices for the MI355 chip, which trimmed its 2026 AI GPU revenue forecast to $13.9B from $15.1B. Despite the revision, HSBC still sees AMD’s AI GPU revenue potential as underappreciated by Wall Street and expects cloud providers like Meta, Microsoft, Oracle, and xAI to begin testing the MI400 rack solution.

Oracle Corp (ORCL)

+0.63%

Trading higher with volume ahead of its earnings report, set to be released after the bell on Tuesday, September 9. Analysts are looking for the company to post revenue of $15.01 billion and earnings of $1.48 per share. Citigroup raised its price target for Oracle from $196 to $240 ahead of the report, maintaining a Neutral rating.

Intel Corp (INTC)

+0.72%

On watch after announcing major leadership changes. These changes include the exit of products chief and former interim co-CEO Michelle Johnston Holthaus, who will stay on temporarily as a strategic advisor, and the appointment of Kevork Kechichian as EVP and head of the data center group. The company also created a new central engineering group led by SVP Srinivasan Iyengar, who will oversee the launch of a custom silicon business for external customers.

Planet Labs PBC (PL)

-11.18%

Gapping down after announcing a proposed private offering. The company intends to offer $300 million convertible senior notes due 2030. Planet Labs noted that a portion of the proceeds from the offering will be used to cover the cost of capped call transactions.

Borealis Foods Inc (BRLS)

+16.47%

Gapping up after sharing “financial highlights” from Q2 2025 and announcing that industry tastemakers have praised its high-protein ramen brand. The company reported a 36% year-over-year increase in revenue for Q2 2025, with gross profit also improving on a year-over-year basis. The company has a market capitalization of $53.24 million and a float of 5.49 million shares.