The biggest story this week is the earnings calendar. GOOGL reports Q2 2026 results on Wednesday, July 22. INTC follows on Thursday. Options data shows puts running hot across both names. Bears are hedging hard ahead of results. MS and V are also in the earnings queue. Analysts upgraded Morgan Stanley to 13 Buy ratings this week, with a consensus target of $231.86.
HTZ is the most extreme short in US markets right now. Short interest hit 70.1% of free float — up nearly 10 points in a week. Availability has collapsed to zero. Any positive catalyst could spark a sharp squeeze. TNGX sits at 59.5% SI, up from 43.7% last week. Bears can still add — availability remains at 499%.
Financials are the clear analyst favourite this week. STT saw its average target jump to $196.89 from $185.04. MS drew fresh upgrades. NFLX faces the opposite — its target slipped to $97.91. FOXA was formally downgraded. Streaming and legacy media are losing analyst support.
The Walton Family Holdings Trust filed $536M in WMT sales on June 18. Bessemer Venture Partners continues dumping TTAN — over $111M in sales over three weeks. AVGO's Chief Legal Officer filed $29M in sales this month. Selling is outpacing buying across the board.
Energy IPOs are surging as investors chase AI-related demand stories. Chinese chipmaker CXMT is seeking $10B in what would be the largest China IPO since 2010. Oil traders are warning of supply stress as the Strait of Hormuz tightens again — a risk that markets have not fully priced.
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.
