US retail sales grew just 0.2% in June. That missed expectations. Economic uncertainty and fading tax refund benefits are the culprit. The number keeps rate-cut hopes alive but underlines a fragile consumer. Oil is the bigger wildcard today. Traders warn global stockpiles are running low as the Strait of Hormuz remains closed amid the Iran conflict. That geopolitical risk continues to dominate global commodity markets.
GE Aerospace dropped its Q2 2026 transcript this morning. The industrial giant reported results that drew immediate market attention. Also out today, HRMY — Harmony Biosciences — posted preliminary Q2 WAKIX sales of $261M, up 30% year-on-year. Full-year guidance of $1.0–1.04B was affirmed. That's a clean beat. MAN ManpowerGroup also beat Q2 estimates. Adjusted EPS came in at $0.99 against a $0.95 estimate.
Tonight, NFLX reports Q2 results. Short interest sits at just 2.4% of free float. Bears have little conviction going in.
HTZ remains the name to watch. Short interest hit 70.8% of free float this week. Availability is zero. With no shares left to borrow, any positive catalyst could ignite a sharp move. WOLF leads the most-shorted list at 78% of free float with zero availability as well.
CRWD expanded its European partnership with Schwarz Digital today. ZS received a raised price target from KeyBanc. Meanwhile, FT reports energy IPOs are surging as investors hunt AI exposure. Chinese chipmaker CXMT is seeking $10B in China's largest IPO since 2010 — a sign of how deep AI infrastructure spending is running globally.
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.
