Micron Technology reports fiscal Q4 results today after the close. Options markets are pricing a 6.3% swing, which some analysts consider too modest given the stock's 273% year-to-date gain. Taiwan's August export orders hit a record $103bn, nearly double last year's level, according to ORTEX Alt Data. That number adds weight to Micron bulls. But heavy put flow over the past week signals traders are hedging hard into the print.
Nike reports Q1 fiscal 2027 on Wednesday. The stock has lost 44% in 2026. Short interest remains elevated. Options sentiment leans bullish compared to Micron, but the bar is low. Analysts will focus on North America trends and any sign of stabilisation in China. McCormick also reports Wednesday, giving a read on consumer staples pricing power.
Ford dropped today after an F-150 supply disruption hit headlines. Separately, beat used-car sales forecasts but the stock still fell, a reminder that in-line beats are not enough in the current environment.
Willis Towers Watson saw its cost to borrow jump 308% in one week to 2.07% APR. The move came alongside a partnership deal with Sapien Software. Availability remains very high at 1,094% of estimated short interest, meaning bears are not yet crowded.
Italy's unemployment fell to 5.8% in July, the lowest July reading since 1983, adding to signs that the European labour market remains tight. Canadian CPI hit a record August level, keeping pressure on the Bank of Canada.
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.
