Bond markets dominated the macro backdrop overnight. US chip stocks slid as government borrowing costs hit multi-year highs, according to FT Markets. Japan's 10-year yield neared 3% — a three-decade high — as a weak yen fuels inflation concerns. Fears over mounting public debt ignited a broader bond sell-off. The FT also flagged that ECB economists now see a US tech correction as likely, citing boom-bust patterns as a potential threat to euro area financial stability.
WOLF — Wolfspeed — carries 87% short interest as a percentage of free float. Bears added 7.6 percentage points in a single week. Zero shares remain available to borrow. The chip stock has fallen 41% over three months. REPL — Replimune Group — saw the biggest single-week jump, with SI % FF leaping nearly 12 points to 38%. On the other side, CHWY saw sharp covering, with SI % FF dropping 12 points to 65%.
This week's earnings calendar is heavy. HD reports today. , , and follow Tuesday. reports Wednesday. closes the week. These names give a clear read on consumer health and semiconductor demand.
Bill Gates filed $186M in RSG purchases — 864,624 shares across 14 transactions last week. CRWV saw $85M in insider selling by a 10% owner after a sharp AI-driven rally. On analyst desks, ON Semiconductor received a notable upgrade. PANW target prices moved higher. AMZN made headlines with plans to expand drone delivery to 500 US cities.
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.
