Semis, Shorts & Smart Money Shape Thursday's Session

Chips in the Crosshairs

Semiconductors dominate the day's market narrative from both sides of the trade. Options bears are piling into Sandisk — up 561% year-to-date — with heavy put flow signalling a bet the run is over. Micron Technology draws similar hedging pressure. Advanced Micro Devices RSI sits at 44 as negative options flow builds despite analysts targeting 31.7% upside. On the analyst side, Marvell Technology targets climbed to $263.94 on continued data centre demand conviction.

Trump's Magnet Play Moves Markets

President Trump's latest policy signal — urging a push into rare earth magnets — is sending MP Materials and USA Rare Earth sharply into focus. The pattern echoes the recent Trump-driven surges in Intel and Dell Technologies. Traders are watching whether government tailwinds translate into sustained moves.

Insider Divide: Gates Buys, CoreWeave Sells

Bill Gates added $263M in Republic Services shares across 19 trades — a deliberate, long-term accumulation in waste management. On the opposite end, Magnetar Financial dumped $479M in CoreWeave stock in just three days. The divergence highlights the tension between patient capital and post-IPO institutional exits.

Short Interest Puts Reddit in Focus

Reddit short interest hit 18.1% of free float — up 4.6 percentage points in a week. That is one of the sharpest single-week moves among large-cap US names. Trane Technologies stands out on the bullish side: upgraded to buy today, drawing 100% positive options flow, with data centre cooling demand cited as the key growth driver by both analysts and options traders alike.