The week's biggest story is earnings. Alphabet reports Wednesday with a $2 trillion market cap on the line. AI-driven ad revenue and cloud growth are the key metrics to watch. Short interest sits at just 1.5% of free float — bears are not positioned against it. Options flow points to call buyers setting the tone.
Intel is a more contested print. The chip stock is down 14% heading into its report. Borrow costs have doubled. Short interest has climbed to 2.8% of free float. Traders are loading up on both sides of the options market.
Crown Holdings kicks things off today, July 20, after the close. Analysts are bullish on 3M ahead of its own numbers. Raymond James Financial also reports Wednesday.
Short sellers are active beyond earnings. now has 70% of free float sold short — up nearly 10 percentage points in a week. surged 33% and borrow costs hit 309% APR. Availability is just 4%. That is a textbook squeeze setup.
Fox Corporation carries 21.1% short interest. Analysts just downgraded the media stock. A surprise earnings beat could trigger a sharp short-covering rally.
Prudential Financial was cut to Sell. Its consensus now shows 5 Sells and just 1 Buy. On the insider front, Dell saw Silver Lake file $221M in sales this month. PBF Energy saw Carlos Slim file $98M in exits over nine days.
In Europe, Swedish healthcare firm Medicover posts H1 results Wednesday alongside Swiss electronics group Cicor Technologies.
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.
