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All market attention lands on NVDA today. The $5.2 trillion chip giant reports Q2 2027 results at 5pm ET. Options traders have been active all week. The stock's RSI sits at 44.65 — neither stretched nor panicked. Analysts still see 46% upside. Also reporting today: SNPS and HPQ. Tomorrow brings MRVL and ULTA, plus Canadian banks RY and , whose results will test the health of Canadian credit markets.
INTU took the day's sharpest downgrade. Three analysts cut their ratings. The consensus average target fell to $426 from $444. AI-driven tax tools are eating into TurboTax's franchise. By contrast, FSLR got a lift — Deutsche Bank raised its target to $299 from $272 as solar policy tailwinds return.
Bill Gates filed $130M in fresh purchases of RSG shares this week. He paid around $219–221 per share across multiple days. Gates is already the largest outside shareholder in the waste management giant. On the sell side, a Stryker director filed $117.8M in SYK sales last week — a hard-to-ignore exit from the founding family.
WOLF saw its short interest drop nearly 11 points to 72.8% — bears covering despite a 66% three-month price drop. SPB moved the other way, with short interest climbing 9 points to 22.3%. BIDU also drew attention today, announcing dual-primary listing on Hong Kong and Nasdaq from September 1 — with no new share issuance.
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.