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 TD, 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.
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