The week's biggest story is already building. Q2 earnings season kicks off in earnest, with major banks up first. Bank of America and BNY Mellon report Monday and Tuesday respectively. UnitedHealth Group steps up Thursday morning — its first results after a turbulent stretch. Netflix closes the week out Thursday after the bell. Subscriber growth and ad-tier revenue will set the tone for streaming. Swedish broker Avanza Bank also posts first-half results Monday, keeping European investors busy early in the week.
CoreWeave is the short interest story of the week. SI jumped 4.76 percentage points in seven days, hitting 33.1% of free float. Bears are piling in despite strong AI tailwinds. remains the most extreme name in the market — SI has cleared 103% of free float with zero shares available to borrow. sits at 74.9%, attracting fresh shorts as consumer sentiment stays soft. On the other side, saw shorts cut positions sharply, SI falling nearly 2 percentage points.
Applied Materials appears in two stories today. Analysts nudged its target higher to $606, while CEO Gary Dickerson filed $50M in share sales. That split signal — bullish Street, selling boss — is worth watching into earnings. IFF drew a fresh consensus buy with 15 analysts on board. SK Hynix's US-listed shares jumped 13% on Nasdaq debut, adding momentum to the semiconductor sector.
European stocks face a cautious open. Defense names continue to draw attention after Ukraine ratified a $105 billion EU loan deal. Japan's finance minister urged the country's giant pension fund to redirect assets back home — a move boosting the yen and domestic bonds.
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.
