This week is the biggest of the earnings season so far. Alphabet reports Q2 results Tuesday after the close. All eyes will be on AI revenue momentum. Intel follows Wednesday — its turnaround progress remains a major question mark for chip investors. Charter Communications rounds out the week Thursday. French defense giant Thales also reports first-half results Wednesday, adding a European dimension to an already packed calendar.
Analysts are raising targets across the financial sector. Strong Q2 bank earnings are doing the work. Morgan Stanley received a target lift to $235.76. PNC Financial, , and all saw upward revisions. The direction is consistent. Meanwhile, took a downgrade today. It now carries 22 sell ratings and zero buys. The target slipped further to $157.59.
Bears are loading up on Lucid Group. Short interest hit 38.1% of free float, up from 35.7% a week ago. The cost to borrow is 229.7% APR — an expensive bet. SoundHound AI sits at 41.6% SI % FF with near-zero availability. A squeeze remains a live risk. On the other side, short sellers are covering Chewy, with SI % FF falling from 67.3% to 63.3%.
Bessemer Venture Partners dumped over $66M in ServiceTitan shares across 10 transactions between July 2–15. Broadcom CLO Mark Brazeal filed $20M in sales. Steel Dynamics beat Q2 revenue estimates at $6.09B versus $5.57B expected, though EPS narrowly missed.
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