The biggest single-stock story today is PYPL. A reported $53 billion joint bid from Stripe and Advent International sent the stock up nearly 15% in premarket. Short interest sits at just 6.2% of free float. Bears are badly exposed. Options activity lit up — call buyers chased the gap while puts bled out.
Netflix reports after the close tomorrow. Subscriber growth and ad-tier momentum are the key metrics to watch. Short interest is a slim 2.5% of float. UnitedHealth Group also reports July 16. The health insurer carries just 2% short interest but has faced sharp headline risk all year. In Europe, ABB and Nordea Bank post Q2 numbers tomorrow too.
Hertz remains the most heavily shorted large name. Short interest hit 70.4% of float. Availability has collapsed to zero — no shares left to borrow. PureCycle Technologies also saw its short interest jump 20% in one week to 30.8% of float. Availability dropped to just 4.8%. Allogene Therapeutics was another biotech target, with shorts up 26% in a week to 28.2% of float.
Carlos Slim filed nine sales of PBF Energy shares totalling $98M. Trades ran through July 10. Bessemer Venture Partners also sold $62M of ServiceTitan stock across ten filings. Both exits look deliberate rather than routine.
Goldman Sachs got a target hike to $1,066 after beating Q2 expectations. JP Morgan maintained Neutral but raised its Goldman target to $955. SanDisk drew strong analyst attention, with consensus targets rising to $2,144.
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