Bears, Insiders, and Earnings Collide Friday

Bears Target AI and Auto

Short sellers are active across two clear themes today. WOLF (Wolfspeed) remains the most extreme case — SI % of Free Float tops 103% with zero shares left to borrow. In AI, SharonAI Holdings (SHAZ) saw a stunning 41-point jump in short interest this week, hitting 54.5% of free float. Cerebras Systems also climbed 6.8 points to 32.4%. Bears are rotating hard into AI names. Auto rental stocks CAR and HTZ remain deeply shorted at 48.2% and 43.3% respectively, as EV fleet costs keep pressure on both names.

Tech C-Suites Cash Out

Applied Materials executives filed over $80M in combined sales this week. CEO Gary Dickerson alone sold $38M across June 15–16. Dell Technologies saw Silver Lake Group file $103M in sales. Dell's General Counsel added another $8.2M. The cluster of selling across two major tech names is notable heading into a busy earnings period.

Europe: Ubisoft Tragedy

Ubisoft shares are in focus after a founder of the Assassin's Creed maker was killed in a plane crash in western France. The news hit markets during European trading hours today.

Earnings Week Begins

Micron is the headline reporter this week, dropping results Tuesday. Options markets show heavy call activity — ORTEX scores Micron at 91.0 overall. FedEx and Carnival both report Monday. Analysts trimmed targets on Accenture and lululemon today, while Take-Two drew fresh bullish support on GTA 6 optimism.