This week's biggest story is still forming. GOOGL reports Q2 2026 results on Tuesday, July 22, after the close. The street is broadly bullish. Short interest sits at just 1.5% of free float. Options activity is elevated, with traders positioning hard across tech and industrials ahead of a packed calendar. INTC follows Wednesday, with its foundry turnaround the key question. GEV and LUV also report this week.
SpaceX's public vehicle SPCX drew immediate short interest. SI jumped from 3.65% to 27.57% of free float in one week. Shares to borrow are scarce — availability sits at just 32.7%. HTZ remains under extreme pressure. Hertz short interest hit 70% of free float, up nearly 10 points in seven days. Availability is zero. That is classic squeeze territory.
Analysts upgraded MS this week after strong trading results. The consensus target rose to $231.86. STT saw the biggest target jump — up nearly $12 to $196.89. Insurance went the other way. PRU was downgraded from buy to hold. FOXA took a sell rating, and short interest there stands at 21.1% of free float.
Oil traders flagged supply stress as the Strait of Hormuz remains closed, with stockpiles running low. Energy IPOs are surging globally as investors chase AI infrastructure plays. Chinese chipmaker CXMT is seeking $10 billion in what would be China's largest IPO since 2010. In London, Airtel Africa is preparing a rare mobile money listing that could raise around $1.5 billion and lift the UK's IPO market.
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