The week's biggest corporate calendar gets underway today. PEP posts Q2 results, followed by LEVI after the close. DAL reports Thursday, with investors watching for demand signals amid ongoing fuel cost pressure. The week's main events land July 14 — BAC and WFC both report Q2 before the open. Their results will set the tone for the broader US banking sector. In Europe, Ericsson drops its Q2 figures the same day.
The EU General Court dismissed all of AAPL's legal challenges this morning. The ruling upholds Apple's designation as a "gatekeeper" under the Digital Markets Act. It covers both the App Store and iOS. The court also ruled iMessage challenges inadmissible. Apple now faces tighter regulatory constraints across the EU. This is a significant legal setback for the iPhone maker in Europe.
Bears are not backing off. CHWY sits at 72.4% short interest as a share of free float — one of the highest readings in the US market. CRWV climbed to 31.5% SI % FF as AI infrastructure sentiment remains mixed. HON saw its short interest nearly double in a week, jumping from 3.8% to 6.5%. That is a notable shift for a Dow component.
TSLA shipped 36,171 China-made vehicles to export markets in June, according to CPCA data. That adds a positive data point as Tesla navigates a competitive domestic Chinese market and ongoing global demand questions.
Five executives at ATLC sold a combined $10.2M in shares last week. At ServiceTitan, three insiders filed $45.7M in total sales. Both clusters of selling warrant close attention heading into earnings season.
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.
