Two names dominate the short interest picture today. Wolfspeed sits at a staggering 115% SI % FF. Availability has fallen to zero. Hertz is not far behind at 47.5% SI % FF, also with zero availability. Both stocks carry high squeeze risk heading into earnings season. CoreWeave is a newer addition to the watchlist. Its SI % FF climbed to 28.8%, up 7.6 points this week. With Q2 earnings now opening, any positive surprise could hit shorts hard.
Michael Burry is expanding his AI scepticism. Reports today indicate his bear thesis extends well beyond TSLA and NVDA. Names like ADBE, , and are now in scope. NVDA insiders filed over $400 million in sales across June. That pattern is drawing attention alongside Burry's public signals.
Linde lost a Buy rating today in a notable downgrade. Paychex also slipped to a Sell consensus. On the other side, Hasbro was lifted to Hold. PepsiCo reports Q2 results on July 8. It is one of the first large-cap consumer staples names to report this cycle.
Italian tech group Bending Spoons surged 40% on its Nasdaq debut after raising $1.68 billion. French-German tank maker KNDS postponed its IPO after investors pushed back on a €12 billion-plus valuation. Lime, the bike and scooter group backed by Uber, climbed after pricing its $167 million IPO at $25 per share.
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.
