NVDA reports Q2 2027 results today after the close. It is the single most-watched event of the week. AI infrastructure spending has lifted expectations sky-high. MRVL follows tomorrow, another key read on chip demand. SNPS and HPQ also report today. The results will set the tone for tech heading into September.
Short sellers are active. KVYO saw short interest jump nearly 7 percentage points in one week to 20% of free float. SPCX rose 5.8pp to 24.3%. WOLF remains extreme at 73.7% — and availability has hit zero, shutting the door on new short positions. Meanwhile, is moving the other direction. Short interest collapsed 49% in one week. The stock is up 38% in a month. A textbook squeeze.
Bill Gates filed over $562 million in purchases of RSG — Republic Services — across 44 transactions between August 10 and August 25. His average buy price was around $218 per share. It is one of the largest disclosed insider buys in recent memory. Energy Transfer founder Kelcy Warren also bought his own units. He filed a $13.8 million purchase of ET at $21.26.
Agilent Technologies drew three target upgrades today. Stifel, B of A, and Citigroup all raised their targets, with Citi going highest at $190. ABNB got a $25 target lift from Barclays to $150. HRL moved the other way. The consensus target dipped as pressure on packaged foods persists.
The FDA approved updated Covid-19 vaccines from MRNA, PFE, and NVAX. The approvals could provide a modest revenue boost heading into the autumn season.
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