Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
NVDA reports after the close today. It is the most-watched earnings print of the year. The $5.2 trillion chip giant carries an RSI near 45 — neither stretched nor distressed. Analysts still see 46% upside. CRM, HPQ, and SNPS also report tonight. Tomorrow, MRVL drops results with AI chip demand in focus. Later in the week, consumer names DLTR, , , and take center stage.
Bears are moving into social media and payroll software. RDDT short interest jumped 3.6 percentage points in a week to 17.4% of free float. PAYC climbed from 8.3% to 11.5% over the same period. On the other side, WOLF shorts eased slightly — SI fell from 84.2% to 78.3%. The semiconductor name remains one of the most crowded shorts in the US market.
ULTA caught a Buy from Deutsche Bank with a $695 target. LULU faces the opposite — UBS cut its target to $120. Short interest in Lululemon sits at 9.7% of free float, nearly double Ulta's 5.4%. FIS was downgraded with its average target slipping to $50.35. ABT bucked the trend — TD Cowen raised its target sharply to $135 from $115.
Six insiders at AEHR sold over $12.1M in stock, including CEO Gayn Erickson who filed a $5M disposal. Five IRDM executives sold $18.8M simultaneously. FANG CEO Matthew Kaes Van't Hof filed over $3M in sales. Total disclosed selling across the four companies exceeded $35M this week.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
