The biggest earnings week of the summer kicks off now. BAC and PGR report Tuesday. BNY follows Wednesday. Thursday is the heavyweight round: NFLX, UNH, and ISRG all report the same day. Options markets are already pricing in caution. Put buyers face little friction on Netflix — availability sits at maximum levels and SI is just 2.4% of free float. UnitedHealth enters with SI at only 1.9% but faces intense scrutiny after a turbulent year. Europe has its own calendar. Swiss industrial giant ABBN and Nordic bank NDA FI both report Thursday.
CRWV is the week's most-watched short. CoreWeave's SI % of FF jumped to 33.1%, up 4.8 points in seven days. Despite cheap borrow costs at 0.47%, fresh short positions keep flowing in. WOLF remains extreme — Wolfspeed's SI % of FF sits at 103.1% with zero availability. Any positive catalyst could trigger a violent unwind.
Wall Street lifted targets broadly. META commands the largest analyst following, with 56 buy-equivalent ratings. DAL saw its average target nudge to $99.56, with 25 of 26 analysts positive. IFF earned a fresh upgrade. On the insider front, signals diverged sharply. A 10% owner at AVO spent nearly $24M buying Mission Produce shares over three days. Meanwhile, venture backer Bessemer dumped over $75M in TTAN stock into strength.
The FT flagged SK Hynix's US shares jumping 13% on their Nasdaq debut, pricing at $149. Separately, the FT warns investors to brace for a "perilous summer" — a potential new Fed chair, yen weakness, and this earnings season are all cited as risks.
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.
