Monday brought a burst of results. Palantir reports tonight. Markets are watching its AI revenue closely. Vertex Pharmaceuticals and ON Semiconductor also post after the bell. Marriott and Loews delivered results earlier in the session. Tomorrow's slate is even heavier. Caterpillar and McDonald's both report at 12:30 ET — two key reads on industrial demand and consumer spending. Aptiv and DuPont add to an industrial-heavy Tuesday. reported Q2 today. EPS of $0.01 missed the $0.04 estimate. Sales of $1.125B beat expectations. Full-year guidance was affirmed.
HSBC resumed share buybacks as quarterly profit soared to $10.1bn. Wealth management in Hong Kong drove the beat. BP announced a $4bn sale of its US biogas business. Profits more than doubled. The UK oil major also confirmed several approaches for its North Sea assets. Toyota unveiled a $6.3bn buyback. A weak yen boosted its full-year outlook.
Bears are piling into Solid Biosciences. Short interest hit 39.6% of free float — up 7.9 points in a week. SoundHound AI sits at 42.7% SI % FF with zero shares available to borrow. Any squeeze catalyst would move fast. On the analyst side, ON Semiconductor received an upgrade. Analysts see recovery potential in auto chips. Kimberly-Clark also got a lift. Its short thesis may be fading.
Spain's ACS Chairman Florentino Perez Rodriguez filed $50M in purchases across three days. That's the standout buy-side signal of the week.
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.
