Morning Dose: Semiconductors Surge Spotlight on TSM Momentum
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Good morning, traders! Welcome to The Morning Dose – Everything You Need to Know Before the Market Opens. It is Tuesday, February 10th, 2026. The market is showing a mix of red and green with a sense of anticipation.
Overnight Headlines
S&P futures are flat, Nasdaq is slightly up, and the Dow is down about 40 points. Keep an eye on the headlines for any sudden shifts in market sentiment.
Economic Announcements
- At 8:30 a.m. Eastern time, watch out for the December Retail Sales report and the Q4 Employment Cost Index which could impact the market and inflation discussion.
Earnings Highlights
- Coca-Cola (KO) reported with a revenue miss, down nearly 4%. On the other hand, Marriott saw a stock increase despite an earnings miss due to strong forward guidance.
- Upwork (UPWK) faced a significant drop of 25% after issuing a disappointing revenue guidance for Q1 and 2026.
Top Movers
Semiconductor trade is showing strength. Taiwan Semiconductor Manufacturing (TSM) saw a 37% revenue increase, boosting the entire sector. Also, exemptions from chip tariffs for Microsoft, Apple, and Amazon are impacting Big Tech stocks positively.
Quick Trade Ideas
- Consider watching Credo Technology Group (CRDO), up 14% pre-market, for potential long-side opportunities in tech infrastructure.
- Look into Shopify and Palantir, which received upgrades, reflecting positive sentiment towards software and AI names.
Key Takeaway
Monitor the 8:30 data print closely and be prepared for any impact on tech stocks. Pay attention to TSM, Shopify, and consider avoiding consumer staples like Coca-Cola. Resilience plays in growth sectors and positive guidance are key drivers of market sentiment today.