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

Netflix Inc (NFLX)

-6.53%

Gapping down after its Q3 2025 earnings report, with earnings of $5.87 per share and sales of $11.51 billion missing estimates of $6.97 and $11.514 billion, respectively. The company reported a lower-than-expected operating margin of 31.5%, attributed to a tax dispute in Brazil which was not factored into previously-issued guidance. Netflix reported year-over-year revenue growth in all four of its regions, and executives noted that ad sales reached a quarterly record in Q3.

Tesla Inc (TSLA)

-0.20%

On watch ahead of its Q3 2025 earnings report, scheduled to be released after the closing bell on Wednesday, October 22. Analysts expect the company to post earnings of $0.52 per share and revenue of $26.27 billion. The report comes just weeks before Tesla’s annual shareholder meeting on November 6, with shareholders expected to vote on CEO Elon Musk’s proposed $1 trillion pay package ahead of the meeting. Separately, the company is recalling 12,936 vehicles over concerns about battery connection failure; the recall impacts certain 2025 Model 3 and 2026 Model Y cars.

Alphabet Inc (GOOGL)

+1.59%

Trading higher premarket after Bloomberg reported that Anthropic is in early talks with the company for a cloud computing deal valued in the high tens of billions of dollars. This potential agreement would give Anthropic access to Google’s powerful TPUs to support its AI development, while also expanding Google’s existing investment and cloud partnership with Anthropic. Amazon, a major investor in Anthropic, is trading lower following the report. Alphabet’s stock dropped sharply on Tuesday morning ahead of OpenAI’s announcement of a new browser, though the stock made a partial recovery.

DraftKings Inc (DKNG)

+2.77%

Trading higher premarket after announcing its acquisition of Railbird, a CFTC-licensed predictions platform. The company intends to use this platform to launch “DraftKings Predictions”, allowing users to trade outcomes on events in finance, culture, and entertainment. DraftKings CEO Jason Robins said the move expands beyond sports betting, with an initial rollout planned in non-sports betting states like California and Texas in the coming months.

Texas Instruments Inc (TXN)

-7.70%

Gapping down after its Q3 2025 earnings report. Earnings of $1.48 per share narrowly missed estimates of $1.49, though sales of $4.742 billion exceeded the expected $4.645 billion. The company guided GAAP earnings between $1.13 and $1.39 per share for Q4 2025, below estimates of $1.41; the midpoint of its revenue guide for the same quarter also fell short of estimates. CFO Rafael Lazardi noted that Texas Instruments’ Q4 guide includes US tax legislation and said that eight cents of restructuring charges were factored into the company’s EPS for Q3.

Beyond Meat Inc (BYND)

+87.29%

Continuing to rally following strong upside moves over the previous three trading sessions. On Tuesday morning, the company announced plans to increase product availability at more than 2000 Walmart stores across the US. Beyond Meat is set to report earnings for Q3 2025 on November 4, according to a press release from Tuesday afternoon. Additionally, “Pharma Bro” Martin Shkreli announced that he has taken a short position in the stock. Approximately 63% of the stock’s float is sold short.

Apple Inc (AAPL)

-0.73%

On Tuesday afternoon, Bloomberg reported that the company returned to a US federal appeals court. The company is challenging an order requiring it to let developers link to cheaper payment options outside its App Store, a move that threatens billions in commission revenue. The appeal follows a judge’s finding that Apple “willfully” violated a 2021 injunction by imposing new 27% fees and restrictive rules. Separately, the company reportedly faces a new antitrust complaint out of the EU focused on the terms of its App Store.

AT&T Inc (T)

+1.46%

Trading higher premarket following its Q3 2025 earnings report. Adjusted earnings of $0.54 were in-line with analyst estimates, while sales of $30.709 billion missed estimates of $30.87 billion. The company noted that its adjusted EPS for FY25 are likely to fall near the higher end of its $1.97-$2.07 guidance range. AT&T also expects adjusted EPS growth to reach double-digit percentages in FY27, guiding more than $19 billion in free cash flow for that fiscal year.

Vertiv Holdings Co (VRT)

+6.00%

Gapping up after its Q3 2025 earnings report, with adjusted earnings of $1.24 per share and sales of $2.676 billion exceeding estimates of $0.99 and $2.562 billion, respectively. The company guided better-than-expected sales for Q4, and the midpoint of its adjusted EPS guide for the same period exceeded analyst estimates. Vertiv raised its adjusted EPS and sales guidance for FY25; both metrics now exceed analyst estimates.

GE Vernova Inc (GEV)

+1.99%

The company posted earnings of $1.64 per share for Q3 2025, missing estimates of $1.92, though quarterly sales of $9.969 billion beat estimates of $9.158 billion. Orders came in at $14.6 billion for the quarter, with the company’s backlog growing by 6.6 billion on a quarter-over-quarter basis. GE Vernova continues to expect FY25 sales between $36 billion and $37 billion, below estimates of $37.186 billion, and noted that they expect $300 million to $400 million in tariff impacts for the same period.

Boston Scientific Corp (BSX)

+1.10%

Trading higher premarket after its Q3 2025 earnings report, with sales of $5.065 billion and adjusted earnings of $0.75 per share beating estimates of $4.967 billion and $0.71, respectively. The company provided better-than-expected adjusted EPS and sales guidance for Q4, though the midpoint of its GAAP EPS guide for Q4 fell short of estimates. Boston Scientific raised its adjusted EPS guide for FY25 to $3.02-$3.04, above estimates of $2.98, and guided stronger-than-expected sales for the same period.

AST SpaceMobile Inc (ASTS)

-7.96%

Gapping down after announcing a $850 million proposed private offering, later priced at $1 billion, of convertible senior notes. The company also announced a proposed repurchase of up to $50 million convertible senior notes, as well as the issuance of two million registered direct shares. Approximately 20.15% of the stock’s float is sold short.

Krispy Kreme Inc (DNUT)

+29.38%

Gapping up after rallying into the close on Tuesday, a move that has been attributed to heightened attention from retail investors. On Wednesday morning, the company launched its two-day “Frankendough Dozen" offering, which runs from October 22 to 23. Approximately 30.2% of Krispy Kreme’s float is sold short.