Q2 reporting kicks off in earnest this week. Bank of America reports Tuesday before the open. BNY Mellon follows Wednesday. Thursday brings the week's two biggest prints: Netflix after the close and UnitedHealth Group during the session. Intuitive Surgical also reports Thursday. In Europe, Swiss industrial giant ABB and Nordea Bank release H1 results the same day. Options activity is elevated across all these names ahead of their prints.
BlackRock heads into its Q2 print with bulls firmly in control. faces a tougher crowd — analysts cut targets ahead of its print, and options traders are growing cautious.
Bears are circling AI infrastructure hard. CoreWeave saw short interest climb to 33.1% of free float, up 4.8 points in a week. Wolfspeed remains the most crowded short at 103% SI of float — with zero borrow left, any squeeze could be sharp. Chewy sits at 74.8% short interest. CrowdStrike saw shorts retreat on the other side.
Analysts raised targets on Meta, DoorDash, and Delta Air Lines. Meta carries just 1.4% short interest — bears are scarce. On the insider front, Summit Therapeutics CEO Bob Duggan filed a $50M purchase of SMMT shares, bucking a broader trend of executive selling. IFF picked up an analyst upgrade, adding to modest positive momentum for the specialty chemicals name.
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.
