NVDA reports Q2 2027 earnings after the close today at 5pm ET. The AI chip giant carries sky-high expectations. Tonight's print is the clearest read yet on whether AI hardware demand remains intact. Also in semis, Micron Technology is drawing two-sided options flow after rising 229% year-to-date. Traders are split on whether to chase or fade.
CrowdStrike had its best single trading day on record. Eleven analysts raised price targets. Piper Sandler lifted its target to $240 and kept its Overweight rating. Short interest is low and days-to-cover sits under one day. That makes any upside move self-reinforcing, as covering pressure amplifies gains fast.
Salesforce drew analyst upgrades after results. Canaccord raised its target to $270 and Macquarie to $225. Consensus climbed to $257 from $243. Veeva Systems saw three upgrades in a single session. Barclays set the high bar at $315.
Bill Gates filed $375 million in purchases of Republic Services shares this week. The 30 separate trades span August 14–25. Gates is now the company's biggest shareholder. It is a striking vote of confidence in the defensive waste management sector.
e.l.f. Beauty short interest fell 49% in one week to just 6.8% of float. The stock is up 38% in a month. Meanwhile, BlackBerry saw short interest surge 27% in a week on growth skepticism. Canadian bank earnings from RY and TD are due tomorrow — a key read on credit and housing health north of the border.
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.
