NVDA reported Q2 results after the close, delivering a double beat. CEO Jensen Huang declared "AI infrastructure buildout is at full steam." The $5.2 trillion chipmaker beat Wall Street on both revenue and earnings. Options markets had priced in a large move ahead of results. The stock's RSI of 44.65 gave no warning of a bull signal. Analysts still see 46% upside from current prices. The print sets the tone for chipmakers heading into Thursday.
HPQ fell after a disappointing Q3 print. The PC and printer giant failed to impress. Short sellers had been cautious, but today's weakness may draw fresh bears. The results arrive a day before MRVL and ADSK report — both closely watched for signs of tech spending health.
XEL options traders turned sharply bearish today. The put-call ratio hit 7.30 — the highest level in 52 weeks. That is 4.34 standard deviations above the 20-day average of 1.96. Extreme put demand signals something may be brewing at the utility. No earnings are imminent. The move stands out as one of the most notable options signals of the session.
Bill Gates's $434M buying spree in RSG continued to dominate insider headlines. Thursday brings Canadian bank earnings. RY and TD both report Q3 2026 results. Canadian credit and housing markets are under the microscope. Mercer International's Canadian subsidiary also secured C$20M in government support under the Regional Tariff Response Initiative — a small but timely win for MERC amid ongoing trade pressures.
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.
