Earnings season moves into its biggest week yet. Alphabet reports Tuesday after the close. Options traders are piling into calls. Short interest sits at just 1.5% of free float — bears are not in the room. Intel follows Wednesday. The chipmaker faces tougher questions. Short sellers hold 2.7% of free float. Any guidance disappointment could amplify downside fast.
Defense stocks grabbed attention Friday. Northrop Grumman moved sharply, with headlines dragging in Lockheed Martin, RTX, and Boeing. The sector has been a beneficiary of elevated global tension all year.
On the short side, CoreCivic saw covering accelerate hard. Short interest dropped 29% in a week to just 1.69% of free float. The cost to borrow spiked 433% as a result. announced it plans to exit credit facilities tied to CoreCivic and , adding a fresh catalyst.
Oil markets are flashing warnings. Traders say stockpiles are running low as the Strait of Hormuz closes again. The VanEck Gold Miners ETF cost to borrow surged 350% in one week. Gold miners are drawing fresh short interest as the metal tests elevated levels.
China's chipmaker CXMT is seeking $10 billion in what would be the largest Chinese IPO since 2010 — riding AI memory chip demand. Energy IPOs are also picking up pace globally, raising capital at the fastest rate this century according to FT data.
Insider selling at Dell and ServiceTitan topped $325 million this week. The tech exit trend bears watching as Alphabet and Intel prepare to report.
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.
