Fed's Mary Daly spoke today. She said policy is "in a good place." Recent jobs and inflation data have not changed the Fed's outlook. Rising long-term yields are a global issue, she added. That tempers any rate-cut optimism. Markets are taking it in stride for now.
MRVL (Marvell Technology) is in focus today. Analysts already lifted the target on ADI this week. Chip stocks dominate options flow. NVIDIA draws both bulls and bears in the options market. Its $5.4 trillion market cap means even small sentiment shifts move billions. Mark Cuban pushed back today on Jensen Huang's AI jobs warning — saying radiologists won't be replaced. The AI debate is far from settled.
Bill Gates filed $180M+ in purchases of RSG this week. That is a clear, deliberate bet on waste management. On the other side, Magnetar Financial sold $150M+ of shares. Institutional exits from AI cloud names are worth watching.
ScanSource announced a $220.5M acquisition of MicroAge today. M&A activity is picking up in tech distribution.
CD Projekt saw the biggest short interest jump globally this week. SI leapt from 2.9% to 22.1% in seven days. That is a dramatic shift in sentiment for the Polish game developer. In the US, WOLF remains at 85.4% short interest with zero shares left to borrow. Any positive catalyst could trigger a sharp squeeze.
Aegon reports today. Australian names NST and Goodman Group also deliver results. Earnings season is heating up across multiple regions.
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.
