Semiconductors are the day's loudest story. MRVL is moving on fresh chatter after AVGO earnings read-through signals. NVDA sits at the centre of a rare two-way options battle — traders are placing both big bullish and bearish bets simultaneously. MU and SNDK are up 200% and 525% year-to-date respectively. Options flow shows defensive positioning around those gains.
Morgan Stanley upgraded HOOD to Overweight today with a $150 price target. That's a sharp move above the current consensus of $122. Short interest is just 4% of free float. Bears have little leverage here.
Medtronic reported this morning. Dell Technologies reports after the bell today. Markets will focus on AI server demand. NetApp and Brown-Forman follow Wednesday.
Bears hit oil hard last week. HighPeak Energy short interest jumped 8.4 percentage points to 43% of free float. Brent Oil Fund BNO utilization reached 93.9%. AST SpaceMobile borrow utilization also hit 93.9% today, near its 52-week peak of 100%. Available shares to borrow stand at just 9.64% of short interest. That's a squeeze setup worth watching.
Wolfspeed remains the most extreme case — 72% of free float short, with zero shares available to borrow.
On the European side, Euronext CEO Stéphane Boujnah filed a €2.4M discretionary sale of ENX shares. No 10b5-1 equivalent was noted. A board member at Flughafen Zürich took the opposite view, buying $1.14M in stock on the open market today — a signal of confidence from within.
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.
