Short sellers are tightening their grip on AI infrastructure names. CoreWeave short interest hit 33.7% of free float — up 5.3 percentage points in just one week. Super Micro Computer sits at 18.2%, with bears adding more. The scrutiny comes as Cathie Wood's ARK declared that AMD chips "can already be more performant per dollar" than NVIDIA. That claim is stirring debate across the chip sector. Citadel founder Ken Griffin added fuel today, warning that losing access to TSMC chips could trigger a depression-level economic shock.
SK Hynix completed the largest-ever US listing by a foreign company, raising $26.5 billion. Memory chip demand is back front-and-center. Micron and are also in focus as the sector recalibrates. S&P 500 futures are pointing to a cautious open after chips staged a partial comeback yesterday.
PepsiCo took a target cut today. The average fell to $158.77 from $161.05. Earnings pressure is mounting across consumer staples. Public Storage was downgraded as analyst support fades for the $56 billion REIT. On the positive side, financials saw upgrades. KKR, Moody's, and MSCI all received target lifts.
The big week begins now. Bank of America reports Monday. Johnson & Johnson and Netflix follow later in the week. In Europe, UK recruiter Hays reports today. All eyes are also on Delta Air Lines, which is in focus across multiple news sources this morning ahead of its upcoming results.
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.
