September 2 is an active earnings day. Medtronic reported before the bell. Dell Technologies follows after market close, with AI server demand the key question for analysts. Short interest in Dell stands at just 4.7% of free float — bears are not heavily positioned ahead of the print. Wednesday brings NetApp and Brown-Forman, with Thursday adding Ciena and Campbell's.
Options and short interest data point to clear pre-earnings anxiety. C3.ai enters its Q1 2027 print with 34% of its free float short. Analysts see an average downside of 18.5% from current levels. also faces heavy bearish positioning — SI sits at 22% of free float, with options flow skewing negative. By contrast, shows a different picture. The stock has dropped 12% recently, but options are turning bullish ahead of its print.
Apple is in the headlines today after Tim Cook was awarded a $47M compensation package to stay on as chairman. His new CEO, John Ternus, receives a similar pay package. The transition — and the near-equal pay — is drawing significant attention on Wall Street.
Across the Atlantic, major shareholder Kenneth Dart filed purchases totalling over $715M in Evolution AB across two days in July. The trades were reported August 26. That is a notable accumulation in the live gaming giant, which carries a $16.6B market cap and just 9.2% short interest.
Analyst targets moved higher today on Targa Resources, Welltower, and Hubbell. All three carry unanimous Buy ratings. Infrastructure and healthcare REITs remain favoured sectors heading into the autumn.
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.
