Microsoft is weighing DeepSeek for its Copilot platform, according to Axios. That's a significant shift if confirmed. It signals that even the biggest AI spenders are shopping for cheaper models. The news adds pressure to premium AI plays across the board.
Hewlett Packard Enterprise moved in the opposite direction. The company expanded its AI-native "self-driving network" strategy, folding Juniper's networking gear into its data centre offering. HPE is positioning itself as an AI infrastructure pick as enterprise spending ramps.
Netflix is flexing its deal-making power in media. Reports say the streaming giant is competing in bidding contests that are rattling Wall Street. Warner Bros. Discovery, Fox, and all sit in the crossfire. Netflix carries short interest of just 2.4% of free float — bears are largely on the sidelines.
Hims & Hers Health stock rose Tuesday even as short interest holds at 28.8% of free float. Availability to borrow is just 0.6% of SI — shares to short are nearly impossible to find. Options traders are active through September. The squeeze dynamics here are worth watching.
Tractor Supply took two downgrades today. Truist and Piper Sandler both moved to Hold. Truist cut its target from $44 to $32. That's a 27% reduction in one move. Meanwhile, Southwest Airlines caught a rare upgrade. Jefferies lifted its target to $44 from $37 — a 19% jump.
Progressive releases May results today. CarMax reports tomorrow with short interest at 11.5% of free float. Bears are positioned closely around that name.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
