This is the biggest earnings week of the summer. TGT and LOW report today, giving the market its clearest read yet on US consumer health. TJX and ADI also report Tuesday. The week peaks Thursday when WMT delivers results. At a $921 billion market cap, Walmart's numbers will set the tone for the entire retail sector. DE and ROST follow the same day. Options traders are cautious ahead of the prints. TGT has surged 54% year-to-date, leaving little room for disappointment.
Short sellers remain aggressive in several names. WOLF carries 87% short interest as a percentage of free float — the most shorted large stock in the market. Bears added 7.6 percentage points last week alone. Zero shares are available to borrow. On the other side, CHWY saw sharp covering, with SI % FF dropping 12 points to 65%.
Bill Gates filed nearly $187 million in fresh purchases of RSG stock this week. The buying covered 864,624 shares across 14 trades at roughly $215–$216 each.
KEYS earned an upgrade today, with the consensus target rising to $405.58. Cybersecurity names also gained ground. CRWD and PANW both saw target prices nudge higher, following strong sector earnings this summer.
ZIM heads into its earnings release trailing a broader shipping sector rally. The stock needs a strong print to close that gap with peers.
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.
