Bears are pressing their bets across multiple names today. RDDT short interest hit 18.1% of free float — up 4.6 percentage points in a week. Options flow backs up that bearish view. NVDA and META both drew heavy put activity. Meta's RSI has dropped to 37, and the stock is down 17.3% year-to-date. MP Materials is the sharpest squeeze risk. Utilisation is at 100%. Available shares to borrow stand at just 1.1% of short interest. Shorts have almost nowhere to run.
Bloomberg reported today that Anthropic is set to add C Citigroup as a top bank on its mega-listing. The AI firm — backed by AMZN Amazon and GOOGL Alphabet — is shaping up as one of the biggest IPOs in years. Investor appetite for AI exposure remains intense.
Insiders filed heavy sales at two US industrials on August 18-19. Six IRDM executives sold a combined $18M on a single day. At PH Parker-Hannifin, seven insiders filed sales totalling more than $12M. Both clusters hit at similar prices — pointing to planned sell programmes.
Analysts raised targets on DE Deere & Company and NDSN Nordson today. FT Markets flagged US government debt topping $40 trillion and the Treasury moving to boost long-term bond purchases. Grain prices also surged on fresh concerns about Black Sea export disruptions — a theme worth watching for DE and agricultural names. European equities continue to outperform on a cash-generation and earnings basis.
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.
