Q2 earnings season arrives with short sellers pressing hard on AI and consumer names. Insider exits are adding to the cautious tone. European automakers face fresh headwinds from China.
Short sellers are not waiting for results. CoreWeave short interest jumped to 33.1% of free float. That is up 4.8 points in just one week. Bears are betting AI cloud valuations won't hold through earnings. Chewy sits at 74.9% SI % FF — one of the highest for any US mid-cap. Wolfspeed remains the most extreme case. Short interest now exceeds 103% of the entire free float. Availability has hit zero.
C-suite selling picked up sharply this week. Silver Lake dumped $78.5M in DELL shares between June 26 and July 6. Billionaire Carlos Slim filed another $75.9M in PBF Energy exits over two weeks. RH CEO Gary Friedman sold $20.7M in stock on July 6–8. Against that trend, a venture backer of AVO bought $24.1M in Mission Produce shares.
German carmakers took a fresh blow today. BMW, VOW3, and MBG all reported steep China sales declines. Competition from domestic EV brands is intensifying. The data underlines why all three stocks have struggled in 2026.
BAC reports Monday. NFLX and UNH report Wednesday. Meta faces added scrutiny after pulling back an AI tool that auto-scraped public Instagram images. Analysts raised targets on AMAT and IFF today. PFE targets were trimmed. The sell-side split on pharma is widening heading into 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.
