The EU's top court upheld a €4.1 billion Android antitrust penalty against GOOGL this morning. The ruling ends years of appeals. It is the largest tech antitrust fine ever confirmed in Europe. The decision adds regulatory pressure across Big Tech, with META and AMZN both flagged in related coverage.
Analysts lifted targets across the board for US carriers. DAL consensus moved to $88.33. UAL jumped to $140.83. Options flow backed the bullish call — short interest on both names remains below 5% of free float. Availability on UAL exceeds 2,600% of SI. Short sellers are not fighting this rally.
A viral claim that SpaceX was building an AI handheld device briefly lit up call activity. Elon Musk denied it outright. AAPL short interest sits at just 0.97% of free float. The denial cooled the story, but call volume stayed elevated through the morning.
BYD reported June sales up 5.5%, even as its China business fell 22%. The export boom is keeping the TSLA rival competitive globally. Meanwhile, Maersk's parent A.P. Møller Holding acquired Ocean Yield from KKR, adding a $5 billion contracted maritime backlog — a notable deal in the European shipping space.
Wolfspeed remains the most shorted US stock at 114.8% of free float, with zero shares available to borrow. Applied Materials insiders sold over $113M in shares last month. With AMAT under the microscope, short pressure in the chip space bears watching heading into Q3.
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.
