Earnings, Shorts, and Divided Insiders Define Thursday

GME and SpaceX Draw Fresh Short Sellers

Short sellers are active heading into the weekend. GME is the name turning heads. Short interest jumped from under 1% to 7.2% of free float in a single week. Borrow remains cheap at 0.46%, but the speed of the move will be familiar to anyone who lived through 2021. Meanwhile, SPCX short interest climbed from 21.8% to 29.4%. Bears are pressing against one of the market's most hyped names.

Earnings Calendar Heats Up

This week closes with a string of important prints. FDX reports its Q1 results down 16% on the year — analysts are still broadly bullish but the stock needs to deliver. CCL reports Tuesday, offering a real-time read on cruise demand. MU is the marquee event. Micron heads into earnings up 276% year-to-date with minimal short interest. Options sentiment leans bullish. NKE, down 43% in 2026, is the other major print — oversold by RSI but analysts see 31% upside. BEPC is another name to watch, entering its Q3 report down 14% on the month.

Analysts Shift on Consumers and Banks

Wall Street trimmed targets on MCD today. The consensus average fell to $300.97 from $306.70. GIS also saw a small cut. On the positive side, WFC received an upgrade, with its consensus target edging toward $100.37.

Insider Signals Split Sharply

An UBER executive filed today disclosing a sizeable share sale. Across in Asia, Shenzhou International Chairman Ma Jianrong spent over $51M buying 2313 shares across four consecutive sessions — one of the more committed insider buying clusters seen recently.